N G Farah list a Randwick apartment block

N G Farah list a Randwick apartment block
N G Farah list a Randwick apartment block
N G Farah have just listed a residential block of four apartments in Randwick.
 
Set at 24 St Luke Street, Randwick, the boutique, art deco, strata block of four, features four two bedroom 1 bathroom semi-sized apartments is set on 482 sqm.
 
It has a projected annual gross income of roughly $126,446.

This block goes to auction on July 28.

Recently N G Farah sold another boutique block of 4 at 10-12 Sturt Street, Kingsford (pictured below) under the hammer for $3,225,000.
 
N G Farah list a Randwick apartment block
 
This block had a 614 sqm allotment with an projected annual gross income of roughly $111,585. 
 
The 10-12 Sturt Street offering features two x three bedroom apartments, one x two bedroom apartment and one x one bedroom apartment.
 
The estimated annual council rates for this property are $5,552.
 
The estimated annual land tax on the property is $27,000.
 
The estimated annual water rates for this black are $2,700
 
These costs add up to an estimated annual total expense of $35,252.
Tags: 
Apartment Block N G Farah

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