116/44 Brunswick StreetFitzroy VIC 3065
Property Details for 116/44 Brunswick St, Fitzroy
116/44 Brunswick St, Fitzroy is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in June 1998.
Last Listing description (September 2024)
Located at the top end of Brunswick Street Fitzroy, and nestled in this private and secure development, this is a generous one-bedroom apartment of approximately 60 square meters.
NB. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION.
Situated on level one and positioned on the front of the complex, this apartment boasts a generous living, dining and kitchen area with access to West facing views over Brunswick Street. A generous bedroom is also included with BIR'S and access to the semi en suite bathroom and laundry facilities plus separate toilet.
Complementing the apartment is a split system air conditioning unit, one secure car park, lift access, a secluded swimming pool, and a security entrance, ensuring both convenience and peace of mind.
Situated amidst the vibrant offerings of Brunswick Street, including retail shops, cafes, restaurants, and bars, this property enjoys proximity to Melbourne's CBD and the stunning Carlton Gardens, making it an enviable location.
Currently leased to Metropole Management until October 2028, with further options available thereafter, this apartment presents a compelling investment opportunity.
MPORTANT INFORMATION:
Rent: $23,178 pa ($1,931 per month)
(With annual 2.5% increases)
Lease: Until September 2028
Options: 2 x 5-year options
Return: 6.4% Gross
(6% Nett)
Outgoings:
Metropole Pays -
Council Rates, Water Rates,
Insurance, and General Maintenance costs
Owner Pays -
Owners Corp Admin Fee: $1,420 pa
Owners Corp Maintenance Fund: $349 pa
Inspection is by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 0438 557 885
Nick@kingsfordproperty.com.au
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.
Property History for 116/44 Brunswick St, Fitzroy, VIC 3065
- 25 Sep 2024Listed for Sale Not Disclosed
- 25 Jan 2022Listed for Sale Asking $399,950
- 30 Mar 2011Listed for Sale $225,000.00
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About Fitzroy 3065
The size of Fitzroy is approximately 1.4 square kilometres. It has 8 parks covering nearly 2.7% of total area. The population of Fitzroy in 2011 was 9,431 people. By 2016 the population was 10,439 showing a population growth of 10.7% in the area during that time. The predominant age group in Fitzroy is 20-29 years. Households in Fitzroy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation. In 2011, 36.5% of the homes in Fitzroy were owner-occupied compared with 34.5% in 2016.
Fitzroy has 8,648 properties. Over the last 5 years, Houses in Fitzroy have seen a 35.96% increase in median value, while Units have seen a -2.62% decrease. As at 31 August 2024:
- The median value for Houses in Fitzroy is $1,738,527 while the median value for Units is $758,587.
- Houses have a median rent of $850 while Units have a median rent of $635.
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