First Impression
Good looking heritage building in the CBD. Highly sought after by downsizers and professionals working in the city. Good floorplan flow and low maintenance. Natural light privacy and outdoor space is a concern. Building is not likely to have flammable cladding issues as it was built in the late 1800s. I would recommend running thorough due diligence on the body corporate fees making sure there are no extra levies for maintenance as it is a heritage building. Rate PSM is $12000 - which is broadly inline with the market.
Things we love
- Heritage building
- High celings
- Location
Things to consider
- Natural light
- Privacy
- Limited value add