Studio apartment in a prime freehold, downtown location. This complex has remedial issues to work through, adding a significant upside over comparable units in the area. As the successful purchaser, you will have to contribute towards this cost. Do your sums, purchase price plus the estimated cost of repair and a margin for error. Finance possible subject to T&C's - with cash or equity buyers being king. A challenge for the masses will reward the wise here, this is worth taking the time to research.