This magnificent blue-chip trophy block of 12 x 70sqm Strata apartments represents an unrepeatable opportunity to secure one of the area's most attractive buildings. Well positioned on the corner of Powell & Balfour Roads this charming, irreplaceable block is perfect for any investment portfolio or superannuation fund. Spread over 3 levels (4 per floor) the apartments all have similar floorplans and are all around 70sqm. The opportunity exists to renovate or reconfigure the apartments, as well as to add more courtyards or additional parking. All apartments are in good condition complete with timber, black granite and stainless steel kitchens and refurbished bathrooms. All plumbing and wiring has been upgraded.

INFORMATION MEMORANDUM ON REQUEST

- Historic corner block of 12 Strata apartments
- All apartments have been upgraded
- All identical, 70 sqm internal (approx)
- Huge living rooms open to sunrooms
- 2 courtyards + potential for 2 more
- 4 carspaces (more may be possible stca)
- Amazing location near harbour & golf course
- One block to Plumer Rd shopping village

OUTGOINGS
Council Rates $14,840 per annum
Water Rates $11,597 per annum
Land Tax $22,452 per annum (on a single holding basis)

LAND SIZE 696.7 square metres approximately
LAND TITLE The property is known as Lots 1-14 in Strata Plan 67876