SOLD
Sold on 04 Jul 2024 for $350,000

205/44 Brunswick Street
Fitzroy VIC 3065

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 57m2
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Property Details for 205/44 Brunswick St, Fitzroy

205/44 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 July 2024. There are other 1 bedroom Unit sold in Fitzroy in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
57m2
Local Government
Yarra
Lot/Plan
205/PS418433

Last Listing description (August 2024)

Another apartment SOLD by Nick Walters of Kingsford Property - Melbourne's serviced apartment specialists with over 20 years experience in the serviced apartment market.

If you'd like to discuss your investment property options please call me on 0438 557 885

Perfectly positioned on Brunswick Street within a tranquil and secure development, this spacious one-bedroom apartment spanning approximately 60 square meters is an ideal investment opportunity.

NB THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION.

Spread across two levels and positioned toward the rear of the complex on level two, this apartment features a generously sized living, dining, and kitchen area on the upper floor, leading to an North-facing balcony offering views. The lower level comprises a sizable bedroom with built-in robes (BIRs), providing access to the main bathroom and a separate toilet.

Complementing the apartment is a NEW split system air conditioner, 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 picturesque 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:

Internal Size: 60 sqm

Balcony Size: 5 sqm

Rent: $24,757 pa ($2,063 per month)
(With annual CPI increases between Market Reviews)

Lease: Until October 2028

Options: 2 x 5-year options

Return: 6.5% Gross
(5.9% Nett)

Outgoings:

Tenant (Metropole) pays ? Council Rates, Water Rates, Insurance, and General Maintenance costs.

Owner Pays- Owner Corp Admin Fee - $1,937 pa
Owner Corp Maintenance Fund Fee: $346 pa

Inspection can be arranged 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 205/44 Brunswick St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$350,000
04 Jul 2024
  • 04 Jul 2024
    Sold for $350,000
  • 04 Jul 2024
    Sold
  • 01 May 2024
    Listed for Sale Not Disclosed
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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 8,645 properties. Over the last 5 years, Houses in Fitzroy have seen a 44.39% increase in median value, while Units have seen a -2.99% decrease. As at 31 July 2024:

  • The median value for Houses in Fitzroy is $1,789,785 while the median value for Units is $725,362.
  • Houses have a median rent of $855 while Units have a median rent of $645.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Fitzroy on OnTheHouse. According to CoreLogic's data, 287 properties were sold in the past 12 months in Fitzroy.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.