The perfect self-isolation pad! NOVA FM’s Smallzy quickly sells his Waterloo investment property for $1.57million… as coronavirus fears see a spike in panic sales
NOVA FM’s Kent ‘Smallzy’ Smalls, 35, has sold his investment apartment for $1.57 million.
The modern apartment in the inner-city Sydney suburb of Waterloo sold for $270,000 above the guide price within a week of listing on February 27.
Located right next to supermarkets, restaurants, a pharmacy and a medical centre, the two-bedroom apartment is the perfect home to self-isolate in during the global coronavirus pandemic.
The perfect self-isolation pad! NOVA FM’s Smallzy, 35, (pictured) has sold his trendy Waterloo investment property for $1.57million… as coronavirus fears see a spike in panic sales
Sleek: The modern apartment (pictured) in the inner-city Sydney suburb of Waterloo sold for $270,000 above the guide price within a week of listing on February 27
The radio host made $490,000 profit on his investment, as he initially bought the apartment for $1.08 million in 2015.
Smallzy moved into the apartment in 2015 but bought a $2.1 million townhouse in 2018 and moved into it, according to realestate.com.au.
He then sought $925-a-week to rent out the investment property before selling it in February.
Trendy: The 35-year-old radio host made $490,000 profit on his investment as he initially bought the apartment for $1.08 million in 2015. Pictured: one of the two bedrooms
‘With high-quality finishes & architect-designed details, this indoor/outdoor apartment is an impressive city residence,’ the Domain property listing read.
The 110 square metre apartment also has two ‘hotel-style’ bathrooms and has access to a communal swimming pool.
It is accessible by lift and offers secure parking.
Sleek: ‘With high-quality finishes & architect-designed details, this indoor/outdoor apartment is an impressive city residence,’ the Domain property listing read
Smallzy’s investment property sales comes as the global economy is set for a recession amid the coronavirus pandemic.
‘There will be a spike in listings from get-out-early, worried landlords,’ realestate.com.au predicted.
According to the publication, many landlords are worried that their tenants will lose income or become redundant, making them unable to pay their rent.
All the luxury features: The 110 square metre apartment also has two bathrooms and access to a communal swimming pool (pictured)