Art Deco Investment

4/21 Somer St, Hyde Park, 4812

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165,000 AUDEst. Mortgage: AUD 1,159/monthFor Sale
  • Ownership Type House
  • Property Area 58 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 27th Jul, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Carport: 1
  • Air Conditioning
  • Built-in Wardrobes
  • Toilets: 1

Property Overview

Illoura Flats is an art deco building set on a 902sqm block and comprises of four apartments on the first level and three apartments on the ground level. The building has been kept true to its original build, with curved concrete balconies and metal railings, casement windows on both floors, red brick front fence, and stately palms framing the main entry foyer. The location is prime for city workers situated a few minutes' drive to the CBD, Qld Country Bank Stadium, shopping, and Castle Hill.<br/><br/>Set on the first floor, this unit oozes character, from the high white stipple ceilings edged with ornate cornices, and casement windows, to the double french doors opening onto the balcony. And "everything old is new again" definitely describes the modern touches to both kitchen and bathroom that our owners have incorporated. The kitchen is spacious with modern cabinetry, stone benchtops, gas cooktop and electric oven, refrigerator space, and breakfast bar. Equally modern is the bathroom with a stone top vanity and large walk-in shower stall, using modern tones that blend effortlessly with the original features of the home. <br/><br/>The lounge and dining space are L-shaped allowing you more choice to furnish the areas to suit your taste. Timber-look vinyl planking flows throughout all rooms and a large split system air conditioner services the apartment. The bedroom is king-sized with a pair of double robes joined by a built-in desk in the middle. <br/><br/>The property is currently rented at $240 per week with the lease in place until May 2023.<br/><br/>• One bedroom apartment in an art deco building close to CBD - "Illoura Flats"<br/>• High stippled ceilings with ceiling fans in all rooms and serviced by a split system air conditioner<br/>• Modern kitchen with stone benches, gas cooktop, electric oven, fridge space, multiple cupboards, and breakfast bar<br/>• Renovated bathroom includes stone top vanity and large walk-in shower - toilet separate<br/>• L-shaped lounge and dining space with numerous windows<br/>• King-size bedroom with a pair of double robes plus desk<br/>• Private balcony with both French doors and security doors<br/>• Single carport <br/>• Body Corporate is $2,775 per annum<br/><br/>This great location close to the CBD ensures this property is constantly tenanted, providing a steady income stream for the astute investor. Please contact Craig on 0400 048 940 for any other information or to schedule a private inspection.

Location on Google Map

4/21 Somer St, Hyde Park, 4812

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