2012 Winter

The Property Review 

Spring 2011 

Tower & London 

1


THE PROPERTY REVIEW 

A quarterly magazine published by 


Enquiries regarding this magazine should be made to: 


38 Alfred Street, 

Milsons Point NSW 2061 

Phone: (61) 2 9956 6500 Fax (61) 2 9956 6522 

Email: reception@towerlondon.com 

Disclaimer: 

The information contained in this publication is for general information purposes only. Readers are advised that 

while an earnest effort has been taken to ensure the information in this document was obtained from reliable 

sources, Tower & London gives no guarantees or warranties, written or implied, over the accuracy of the 

information provided. Tower & London Pty Limited disclaims all responsibility for any loss or damage suffered as a 

result of the use of the contents of this publication. The views expressed in this publication are those of the 

writers and do not necessarily reflect the views of the publisher. 

2 

2

Table of Contents 

June Quarter 2012 

Message from John Tower 

Are we at the bottom of this property cycle or 

is there way to go yet? 4-5 

Current Sales 6-16 

Property Management Report 

Passing on Water Charges 17 

Current Rentals 18-20 

Tower & London offices 21 

Useful Resources 

Cover 

Back 

3 

3

John Tower 

M.D. Tower & London 

Licensed Real Estate Agent 

Registered Property Valuer 

4

John article 

5 

5

Current Sales 

805/8 Glen Street, Milsons Point 

For Sale $600,000 

Designer One Bedroom in Immaculate 'Azure' 

Featuring a spacious modern design, with high ceilings and flowing living areas, this one bedroom unit offers an 

unsurpassed level of style and comfort. The bedroom sits perched overlooking the ample eat-in kitchen and open plan 

living spaces, which stretch out onto a beautiful entertainer’s balcony. The property includes a beautifully appointed 

bathroom and kitchen with modern appliances and conveniences. 

Perfectly positioned in one of Milsons Point's most contemporary buildings ‘Azure’, this property is a short walk to cafes, 

shops, public transport & North Sydney's CBD. This immaculately presented property would make an exceptional home or 

potential investment. 

Details and Viewing: Phone: 9956 6500 


www.towerlondon.com 

6 

6

Current Sales 

1508 & 1518/30 Glen St, Milsons Point 

For Sale $850,000 

Dual key New York Style apartment. 

In the centre of Milsons Point and in one of the most popular buildings, The Colonnades; this dual key 

property is perched on the 15 th floor and occupying the north east corner of the building. The main 

entrance leads to two doors, one to each separately metred apartment: a one bedroom unit extending 

at the rounded glass façade, which is the main feature of this building, and a studio unit with glimpses 

of Lavender Bay. Included in this superb property package is a sure parking space and a store room. 

The Colonnades is a great complex with 24 hour concierge, a massive pool and gym area. This is 

great investment property with depreciation allowances and a gross income of more than $1,000 per 

week; or to the owner occupier and simply use it as a two bedroom home. 

Details and Viewing: 

Phone: 9956 6500 Email: reception@towerlondon.com 

7 


7

Current Sales 

18/7-9 Northcliff St, Milsons Point 

For Sale $1,250,000 




8 

8

Current Sales 

2301/37 Glen Street, Milsons Point 

For Sale $1,800,000 

Breathtaking Views! 

Situated on the 23rd floor of the building this 3 bedroom apartment encompasses magnificent views 

from every window. Featuring a generous open plan living space, with room for separate dining and 

sitting areas, 3 bedrooms, 2 bathrooms and internal laundry. 

There is only one way to describe this property - Breathtaking! 




9 

9

Current Sales 

6C/2 Gasworks Road, Wollstonecraft 

For Sale $820,000 

Resort Style living by the Harbour 

Situated in the elegant Wondakiah Development this apartment represents the height of luxury in its 

immaculate resort style setting. This spacious and modern apartment has two generously 

proportioned bedrooms, the master featuring a walk in robe and ensuite and the 2nd bedroom 

equipped with built in robes. The property also boasts a light and airy living space which opens up 

onto a large balcony capturing sweeping views over the resort and glimpses of the harbour beyond. 

The apartment also features a granite kitchen with modern European appliances, internal laundry and 

two secure car spaces 




10 

10

Current Sales 

4/36 Milner Crescent, Wollstonecraft 

For Sale $950,000 

Spacious Townhouse immersed amongst the trees 

This property lies hidden in the midst of gum trees, in a collection of distinctive townhouses 

in beautiful Wollstonecraft. With a totally separate front door this townhouse feels just like a 

freestanding house. Featuring three bedrooms on the top floor, all with leafy green outlooks; 

the main boasting an ensuite. 

The downstairs level is surrounded by sliding doors with timber shutters, separating the 

wraparound courtyard and garden from the spacious internal areas. The property also 

includes a secure car space. 




11 

11

Current Sales 

728 & 730/187 Kent St, Sydney 

For Sale $850,000 

Dual Key City Apartment 

The northern end of the city is arguably the nicest residential precinct; this popular 

building has a fantastic gym and swimming pool complex; up on the north eastern end 

of the building is this large dual key apartment containing two separate one bedroom 

apartment: one on the east of the building and the other on the centre with limited 

views to the harbour. The large one on the east has an area of 84 square meters, and 

the smaller one has 48 square meters, totalling 132 square meter apartment in the 

heart of the city; at an asking price of under $6,500 per square meter; it has to be one 

of the best value properties in the city. 




12 

12

Current Sales 

15/59 Upper Pitt St, Kirribilli 

For Sale $1,100,000 

Elegant Two Bedroom Apartment with Harbour Views 

Located in an immaculately maintained Company Title Georgian era building at 

the heart of Kirribilli, this elegant apartment is perfectly positioned to capture 

spectacular main harbour views, framed by the Opera House and the Harbour 

Bridge with city lights glittering in between. Only a short walk to Kirribilli shops 

and cafés, Milsons Point Railway station and the ferry wharf. Just one floor up 

from street level is this two bedroom apartment with generous proportions and 

in good condition, but with room for improvement to individual taste; 

complementing this ideal property is a rare and secure lock-up garage. 



13 


13

Current Sales 

818/8 Glen St, Milsons Point 

$1,360,000 

Located in the Azure building, this impressive apartment offers style & luxury as well as stunning 

harbour views. The property boasts a spacious open plan lounge and dining area with wonderfully 

high ceilings and features a fabulous entertaining deck with spectacular views over Lavender Bay. 

The large modern kitchen features beautiful marble benches & European appliances as well as plenty 

of storage. The master bedroom opens to the terrace & has ample storage and a large beautifully 

appointed ensuite. There is a second bedroom as well as a study/media room. 

Situated in one of Milsons Point’s most modern mid-rise buildings, this property is a short walk to 

cafes & shops, & two minutes drive to North Sydney's CBD. 




14 

14

Current Sales 

33a/8 Hardie Street, Neutral Bay 

For Sale $460,000 

SOLD 

Totally Refurbished, One Bedroom + 

Study and Parking 

This one bedroom apartment is like no other; it has been completely remodelled to an 

outstanding level of efficiency and fitted with the best quality fixtures and appliances. 

French stone tiles cover the living areas, separate study area, stone bathroom akin to 

those found in Istanbul and incorporating a built-in in laundry. Bright bedroom with 

wardrobes, spacious north facing balcony; open parking space. All within a few 

minutes’ walk to Neutral Bay shops and bus terminal. Offered fully furnished. 


15 

15

Current Sales 

2/49 Spit Road, Mosman 

For Sale $490,000 

SOLD 

Classic Garden Flat 

Post Federation building in the heart of Spit Junction. This ground floor flat has two 

bedrooms, renovated kitchen and bathroom, timber floors, high ornate ceilings, white 

timber shutters and ample storage space. This is a real find for those wanting modern 

and convenient living with classical architectural features. 




16 

16

Current Sales 

Capitol Gains tax report 

17 

17

Current Sales 

Capitol Gains tax report 

18 

18

Current Sales 

Rentals 

19 

19

Current Sales 

Rentals 

20 

20

Current Sales 

Rentals 

21 

21

Current Sales 

Rentals 

22 

22

Sydney 

38 Alfred Street, Milsons Point, NSW 2061 

Phone: (612) 9956 6500 Fax: (612) 9956 6522 

Hong Kong 

6/F Luk Kwok Centre, 72 Gloucester Rd, Wan Chai 

Phone: (852) 2918 8788 Fax: (852) 2918 9808 

23 

23

Useful Resources 


http://www.towerlondon.com 

Department of Fair Trading 

http://www.fairtrading.nsw.gov.au/ 

P: 9895 0111 F: 9895 0222 

Consumer, Trader & Tenancy Tribunal 

http://www.fairtrading.nsw.gov.au/cttt.html 

P: 1300 135 399 F: 1300 135 247 

Real Estate Institute of NSW 

http://www.reinsw.com.au/ 

P: 9264 2343 F: 9267 9190 

NSW Department of Lands 

http://www.lands.nsw.gov.au/ 

P: 9228 6666 

Office of State Revenue 

http://www.osr.nsw.gov.au/ 

P: 1300 139 816 F: 1300 363 806 

Reserve Bank of Australia 

http://www.rba.gov.au 

Real Estate.com.au 

http://www.realestate.com.au/ 

Domain.com.au 

http://www.domain.com.au/ 

24

2012 Winter

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?