CBRE, as the exclusive selling agency, is pleased to present Illistrom, 63 Carabella Street, Kirribilli. Illistrom is an outstanding apartment block investment into one of Sydney’s most admired postcodes.
Well-positioned on one of Sydney’s most prestigious peninsula’s, Illistrom features harbour views and is within short walking distance to Kirribilli’s ferry, bus and train services. Illistrom benefits from the following key attributes:
• 11 luxury residential apartments:
- 10x1 bedroom apartments
- 1x3 bedroom apartment
• Gross income of $234,636 per annum*
• Rental reversion opportunity to align rents to market
• Internal Area: 577sqm* + storage
• Land area of 388sqm*
• Two street frontage with 3 garages and 3 on grade spaces
• Registered strata plan providing flexible exit strategies
• Commanding harbour views
• 200m* from Kiirbilli Wharf ’s ferry service’s (12-minute ferry to Circular Quay) and opposite a bus stop
• 550 metres* from Milsons Point Train Station
• $233,032* in strata capital works fund
The property will be offered for sale via Expression of Interest closing Wednesday the 17th of October 2018 at 4pm.
*Approximate