Potts Point, NSW 2011
Type of Property: Apartment
Reason for Purchase: Investment Property
Address: 53/20 Macleay St, Potts Point NSW 2011
The client was looking for an investment property in Sydney that their children can move into in the future. They decided to acquire the help of Elaine Davies who was able to use her extensive knowledge of the property market and her connections to the real estate agent involved in the property to negotiate a fantastic price post auction. Elaine was able to obtain the property for her client for a price that was $10,000 under the reserve and approximately $20,000 under the comparable sales, the clients was very pleased with the result.
About The Property:
Quality Art Deco in the form of a one bedroom apartment with an ideal layout. Boasting high ceilings and polished timber floors, this inner city apartment has a generously sized open plan living, dining and kitchen area. The kitchen and bathroom had been stylishly renovated, and a sun room or study accessed from either the living area or bedroom is an added bonus for inner city living. The apartment has good natural light, and quietness and air flow are enjoyed by this level 5 apartment as well as some views towards Elizabeth Bay House and the local district. Common facilities include laundry, outdoor clothes lines and a bike rack.