Why You Should Never Believe a Property “Price Guide” | WHAT DO YOU THINK, CHRIS? | Ep 100

 

4/40 Eastbourne Ave Clovelly

Sold for $2.7m
Rent circa $1000-$1100pw = 1.9% – 2.1%

We did not buy it – guide was $1.6m …. Then $1.9m in last week of campaign

https://www.realestate.com.au/sold/property-apartment-nsw-clovelly-136814434

Pros:
Spectacular location & views
Mid floor apt in block of 9
Glass framed sunroom
Upgraded security block
LUG
Seconds to beach / coastal walk

Cons:
Needs new kitchen / bathroom
No balcony
No internal laundry

 

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