The Lister Building, corner Victoria & Lorne Sts.

Corrected: 5 sell at Ray White apartments auction

5 of the 7 units offered at Ray White City Apartments’ auction today were sold under the hammer. A house was also sold and the auction of another house was postponed.

The sales included a 41m² fifth-floor apartment in the character Lister Building on the corner of Victoria & Lorne Sts, one unit in Metropolis and 2 in the Quadrant.

The Lister apartment drew 6 bidders, taking the price to $5170/m².

CBD

Learning Quarter

The Quadrant, 10 Waterloo Quadrant, unit 1605:
Features: 41m², 2 bedrooms, corner unit, 2 decks
Outgoings: rates $1188/year including gst; body corp levy $5467/year
Income assessment: under hotel management
Outcome: sold for $242,500
Agents: Damian Piggin & Daniel Horrobin

The Quadrant, 10 Waterloo Quadrant, unit 1804:
Features: 41m², 2 bedrooms, corner unit, 2 decks
Outgoings: rates $1188/year including gst; body corp levy $5822/year
Income assessment: under hotel management
Outcome: sold for $250,000
Agents: Damian Piggin & Daniel Horrobin

Queen St valley

Lister Building, 9 Victoria St East, unit 5D:
Features: 41m², one bedroom (used as an office)
Outgoings: rates $1114/year including gst; body corp levy $3004/year
Income assessment: $400/week
Outcome: sold for $212,000
Agent: Dominic Worthington

Metropolis, 1 Courthouse Lane, unit 807:
Features: 44m², furnished one bedroom,
Outgoings: rates $1068/year including gst; body corp levy $4046/year, special maintenance levy $4658
Income assessment: not given
Outcome: sold vacant for $233,000
Agent: Victor Liu

Victoria Quarter

Aura, 53 Cook St, unit 616:
Features: 36m², 2 bedrooms, 5 parking spaces
Outgoings: rates $1572/year including gst; body corp levy $7200/year
Income assessment: $360/week for unit, $180/week for 4 parking spaces with potential for $50/week from the fifth
Outcome: passed in at vendor bid of $350,000
Agent: Dominic Worthington

Aura, 53 Cook St, unit 1506:
Features: 53m² penthouse, 2 bedrooms, parking space
Outgoings: rates $1210/year including gst; body corp levy $6396/year
Income assessment: $440/week for unit, $50/week for parking
Outcome: passed in at $295,000
Agent: Dominic Worthington

Corrected: Hobson Heights, 208 Hobson St, unit 5B:
Features: 40m², 2 bedrooms
Outgoings: rates $876/year including gst; body corp levy $4184/year
Income assessment: $325/week fixed until December
Outcome: sold for $183,500  (story originally left out the 1)
Agents: Judi & Michelle Yurak

Attribution: Auction.

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3 Responses to Corrected: 5 sell at Ray White apartments auction

  1. Dick Ayres Friday 12 July 2013 at 11.05am #

    Bob a selling price of $83,500 for 208 Hobson Heights sounds a bit cheap.

    • Bob Dey Friday 12 July 2013 at 11.55am #

      Hi Dick, yes it is: The correct figure is $183,500.

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