Property That’s Ugly Outside Can Be a Great Deal | WHAT DO YOU THINK, CHRIS? | Episode 82

  • 3 years ago

2/157 Glenayr Ave Bondi Beach

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We purchased completely off market for client for $1.165m

Rent $700-$800pw = 3.12% – 3.57% (Summer cycle higher)

Pros

* Great location just a 2 min walk to Bondi Beach & all shops, restaurants, cafes etc
* High demand from a rental perspective
* 1 bedroom + study / 2nd bedroom apt
* Block of 6
* Well presented throughout
* Only one of two apartments with a LUG (Huge LUG at 28sqm)

Cons

* No balcony (beach is literally 2 mins away so not a huge con)

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