Harcourts Melbourne City - Property Guide 23/10/17

Page 1





Abbotsford 505/1 Acacia Place

2

2

1

Eden En Songe • • • • • • • •

Sleek modern fitout Stylish open plan kitchen Miele appliances; stone benchtops & mirrored splashbacks Large versatile living/dining/study area Good size balcony enjoying morning sun Great bedrooms both with windows and robes Master bedroom with generous ensuite Enviable building facilities to enjoy

Dionne Wilson

P 0417 318 705 dionne.wilson@harcourts.com.au

3


Abbotsford 505/1 Acacia Place

4


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 505/1 Acacia Place, Abbotsford VIC 3067 Address Size (approx.) 76m2 Year Built

2013

Owners Corporation

# Apartments in 205/568 Complex/Block

Building Name Eden Zoning Commercial 1 Zone

Spire Owners Corporation Management

Council Rates $1430.98 Water Rates $662.49 (pa approx.) (pa approx.) Current N/A Lease Expiry

Facilities

Rooftop deck, BBQ areas, 25m heated lap pool, spa, sauna, gym Total Outgoings (pa approx.)

Owners Corporation $6685 Fees (pa approx.)

$8778.47

Rental Potential $570 / $2476 (per week/calendar month)

Current Rental N/A (per week/calendar month)

Method of Sale

Private Sale

Chattels

All fixed floor coverings, electric light fittings and blinds.

Terms 10% Deposit – Settlement 30 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price X

or range $700,000 between

&

$730,000

Median sale price Median price $502,000

*Unit X

Period - From 01/07/2016 to 30/06/2016

Suburb Abbotsford Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

1. A806/62 Victoria Street

$724,000

Date of sale

30/08/17

2

1

1

2. 411/8 Grosvenor Street

$705,000

02/05/17

2

2

1

3. 43/84 Trenerry Crescent

$745,000

12/05/17

4. * 405/1 Acacia Place

$750,000

31/03/17

5. * 104/13 Acacia Place

$702,000

6. * 303/88 Trenerry Crescent

$600,000

Size

2

2

2

2

2

1

28/04/17

2

2

1

15/05/17

2

2

1

76m2

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1.1008/1 Acacia Place

$590 / $2563

2

2

1

2. 260/1 Acacia Place

$550 / $2389

2

2

1

3. 413/4 Acacia Place

$550 / $2389

consumer.vic.gov.au/

July 2016.

5

This guide must not be taken as legal advice.



East Melbourne P03M/201 Powlett Street

1

1

1

Spacious delight with industrial past Ideally located on the site of the former C.U.B Brewery apartment P03M awaits. Village style living in one of Melbourne’s most desirable locales. A well designed functional layout with no wasted space accented by sleek polished concrete floor, truly a recipe for success. • • • • • •

Massive open plan living and dining with floor to ceiling glass Generous sized bedroom with an abundance of storage Convenient but secure ground floor position with courtyard Secure underground car parking Public transport right at your door Great rental & short stay potential!

Stuart Kennett

P 0497 966 989 stuart.kennett@harcourts.com.au

7


East Melbourne P03M/201 Powlett Street

8


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale P03M/201 Powlett Street, East Melbourne VIC 3002 Address Size (approx.) 58m2 Year Built

# Apartments in 440/42 Complex/Block

Building Name Tribeca

2001

Zoning Mixed Use Zone

Owners Corporation Excel Owners Services Council Rates $975.07 (pa approx.)

Facilities Gym, Pool, Sun Deck, Plaza Shops Owners Corporation $3564.80 Fees (pa approx.)

Water Rates $652.17 (pa approx.)

Current 03/08/18 Lease Expiry

Current Rental $430 / $1868 (per week/calendar month)

Total Outgoings (pa approx.)

$5192

Rental Potential $430 / $1868 (per week/calendar month)

Method of Sale

Private Sale

Chattels

All fixed floor coverings, electric light fittings, blinds & fittings of a permanent nature

Terms 10% Deposit – Settlement 30/60 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price $500,000

or range X between

&

X

Median sale price Median price $765,000 Period - From 01/04/16

*Unit X to 31/03/17

Suburb East Melbourne Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

1. *112P/191 Powlett Street

$480,000

Date of sale

27/05/17

Size

57m2

1

1

1

2. *110P/191 Powlett Street

$434,000

20/04/17

57m2

1

1

1

3. *402/166 Wellington Parade

$503,000

08/04/17

59m2

1

1

1

4. 111/191 Powlett Street

$410,000

07/12/16

51m2

1

1

1

5. 704/9-19 Eades Street

$591,000

22/11/16

43m2

1

1

1

6. 304/158 Albert Street

$451,000

19/10/16

56m2

2

1

1

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1.P03M/201 Powlett Street

$410 / $1738

1

1

2.403M/201 Powlett Street

$400 / 1738

1

1

1

3.103M/201 Powlett Street

$400 / $1738

1

1

1

consumer.vic.gov.au/

July 2016.

9

This guide must not be taken as legal advice.



Melbourne 38/24 Little Bourke Street

1

1

“Gordon House” 1884 Heritage bones need your visions • • • • • • •

Cavernous light filled living space with garden aspect Full size kitchen with gas services Generous bedroom with soaring ceilings & walk in robe Large bathroom off the entrance foyer Ducted air conditioning heating & cooling Storeroom in property Inspection is a must to fully appreciate all this one offers

James Edmundson

P 0411 456 770 james.edmundson@harcourts.com.au

11


Melbourne 38/24 Little Bourke Street

12


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 38/24 Little Bourke Street, Melbourne VIC 3000 Address Size (approx.) 78m2 Year Built

# Apartments in 85 / 85 Complex/Block

Building Name Gordon House

1884

Zoning Capital City Zone – Schedule 1

Owners Corporation Quest Gordon Place

Facilities BBQ Area, Pool Owners Corporation $5473.12 Fees (pa approx.)

Council Rates $1371.06 Water Rates $970.69 (pa approx.) (pa approx.)

Current Current Rental 25/01/2018 TBC Lease Expiry (per week/calendar month)

Total Outgoings (pa approx.)

$7814.87

Rental Potential $440 / $1912 (per week/calendar month)

Method of Sale

Private Sale

Chattels

All fixtures and fittings of a permanent nature and inventory attached in Section 32

Terms 10% Deposit – Settlement 30 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price $538,000

or range X between

&

X

Median sale price Median price $485,000 Period - From 01/07/16

*Unit X to 30/06/17

Suburb Melbourne Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

1. *701/394 - 398 Collins Street

$470,000

Date of sale

28/08/17

Size

51m2

1

1

0

2. *414/67 Spencer Street

$500,000

07/08/17

65m2

1

1

1

3. *413/118 Russell Street

$530,000

18/05/17

70m2

1

1

0

4. 106/16-22 Liverpool Street

$450,000

08/05/17

55m2

1

1

1

5. ?/296 Flinders Street

$595,000

01/07/17

58m2

1

1

0

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1.20/24 Little Bourke

$370 / $1607

1

1

0

2.45/24 Little Bourke Street

$395 / $1716

1

1

0

3.511/422 Collins Street

$440 / $1912

1

1

0

consumer.vic.gov.au/

July 2016.

13

This guide must not be taken as legal advice.



Melbourne 1108/265 Exhibition Street

2

2

1

“Paris end residence of excellent proportions” Angled North to capture the light to both bedrooms and living space this stunning 2 bedroom 2 bathroom property is ideal as an inner city residence or home away from home. Perfectly positioned in the heart of Melbourne’s Theatre district and with an enviable reputation Regency Tower offers world class facilities including rooftop Pool, Gym, Sauna, Spa and Sun deck • • • • • •

Two king size bedrooms both with robes and marble bathrooms adjacent Partitioned living and dining spaces for a more classic feel North facing balcony enjoys stunning city views and park glimpses Ducted Air conditioning Generous kitchen finished in stone and stainless steel Secure carpark on title

James Edmundson

P 0411 456 770 james.edmundson@harcourts.com.au

15


Melbourne 1108/265 Exhibition Street

16


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 1108/265 Exhibition Street, Melbourne VIC 3000 Address Size (approx.) 71m2 Year Built

1997

Zoning Capitial City Zone – Schedule 1

Owners Corporation The Knight Alliance Council Rates TBA (pa approx.) Current N/A Lease Expiry

# Apartments in 221 / 221 Complex/Block

Building Name Regency Tower

Water Rates $ 649 (pa approx.)

Facilities

33rd floor Pool, Spa, Sauna, Gym and outdoor sun deck

Owners Corporation $ 5688.28 Fees (pa approx.)

Total Outgoings (pa approx.)

TBA

Rental Potential $680 / $2954 (per week/calendar month)

Current Rental N/A (per week/calendar month)

Method of Sale

Auction 16 Nov 2017 6:00pm

Chattels

All fixtures and fittings of a permanent nature

Terms 10% Deposit – Settlement 30 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price

or range $715,000 between

&

$775,000

Median sale price Median price $485,000

*Unit X

Period - From 01/07/2016 to 31/06/2017

Suburb Melbourne Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

1. * 1106/265-273 Exhibition Street

$670,000

Date of sale

Jun 2017

Size

2

2

1

2. * 2010/199 William Street

$800,000

Sept 2017

2

2

1

3. * 2101/25 Therry Street

$720,000

July 20017

2

2

1

4. 2714/87 Franklin Street

$661,000

Sept 2017

2

1

1

5. 1223/422 Collins Street

$750,000

July 2017

2

2

1

6. 905/31 Spring Street

$735,000

May 2017

2

1

1

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1.906/265 Exhibition Street

$660 / $2867

2

1

2.2006/250 Elizabeth Street

$650 / $2867

2

1

1

3.2703/265 Exhibition Street

$700 / $3041

2

2

1

consumer.vic.gov.au/

July 2016.

17

This guide must not be taken as legal advice.



Melbourne 42/287 Exhibtion street

1

1

0

“Paris end Performer” Cosy up to this great over-sized one bedroom residence in the very heart of Melbourne’s theatre district. • • • • • •

Oversize master bedroom Traditional layout offers large separate kitchen and living spaces Elevated corner position with natural light to all rooms. Modern fit and finish with room to quickly add value Currently leased for $360 per week, Vacant possession will be provided on settlement Paris end of town, across the road from cafes, restaurants, theatre and 200m from the Carlton Gardens and 100m from Melbourne’s free city tram system

James Edmundson

P 0411 456 770 james.edmundson@harcourts.com.au

19


Melbourne 42/287 Exhibition Street

20


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 42/287 Exhibition Street, Melbourne VIC 3000 Address Size (approx.) 56m2 Year Built

1976

Zoning Capital City Zone – Schedule 1

Owners Corporation Binks & Associates Council Rates 779.30 (pa approx.)

# Apartments in 55 / 55 Complex/Block

Building Name Exhibition Apartments

Facilities N/A

Water Rates 649.00 (pa approx.)

Current 6/11/2017 Lease Expiry

Total Outgoings (pa approx.)

Owners Corporation 4482.40 Fees (pa approx.)

Current Rental $360/$1564 (per week/calendar month)

Method of Sale

Auction 18 Nov 2017 12:00 PM

Chattels

All Fixtures and fittings of a permanent nature

5910.70

Rental Potential $375 / $1629 (per week/calendar month)

Terms 10% Deposit – Settlement 30 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price X

or range $340,000 between

&

$360,000

Median sale price Median price $485,000

*Unit X

Period - From 01/07/2016 to 31/06/2017

Suburb Melbourne Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

Date of sale

Size

1. * 303/368 Little Collins Street

$395,000

19/06/2017

52

1

1

1

2. * 605/18 Russell Place

$390,000

23/06/2017

56

1

1

1

3. * 71/30 Russell Street

$390,000

24/08/2017

60

1

1

4. 1405/565 Flinders Street

$363,000

12/09/2017

44

1

1

1

5. 1204/200 Spencer Street

$415,000

12/09/2017

56

1

1

1

6. 207/336-376 Russell Street

$400,000

19/06/2017

49

1

1

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1.37/287 Exhibition St

$375 / $1629

1

1

0

2.43/287 Exhibition St (new carpet/paint)

$400 / $1738

1

1

0

3.42/287 Exhibition St (12 months ago)

$360 / $1564

1

1

0

consumer.vic.gov.au/

July 2016.

21

This guide must not be taken as legal advice.



Melbourne 604/408 Lonsdale Street

1

1

0

Portfolio perfect; AirBnB or occupy?! Superbly positioned in the heart of Melbourne CBD this spacious studio with great bones awaits your inspection. Perfect entry level purchase for the first home buy or the savvy investor looking to secure prime position and a great return for years to come. Moments for Emporium and Melbourne Central and walking distance to all things wonderful this really is a must inspect! • • • • • •

Spacious layout with no wasted space Abundance of natural light Beautiful city views Excellent potential to add value Perfectly suited to Airbnb All forms of public transport within minutes’ walk

Stuart Kennett

P 0497 966 989 stuart.kennett@harcourts.com.au

23


Melbourne 604/408 Lonsdale Street

24


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 604/408 Lonsdale Street, Melbourne VIC 3000 Address Size (approx.) 45m2 Year Built

# Apartments in 219 / 219 Complex/Block

Building Name

1973

Zoning Capital City Zone – Schedule 1

Owners Corporation LR Reed Council Rates TBA (pa approx.)

Facilities None

Water Rates $ 634 (pa approx.)

Current 30-11-2017 Lease Expiry

Total Outgoings (pa approx.)

Owners Corporation $ 5204 Fees (pa approx.)

Current Rental (per week/calendar $350 / $1520 month)

TBA

Rental Potential $370 / $1607 (per week/calendar month)

Method of Sale

Private Sale

Chattels

All fixed floor coverings, electric light fittings, blinds and fittings of a permanent nature

Terms 10% Deposit – Settlement 30 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price X

or range $246,000 between

&

$270,000

Median sale price Median price $485,000

*Unit X

Period - From 01/06/2017 to 30/06/2017

Suburb Melbourne Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

1. * 208/399 Bourke Street

$286,500

Date of sale

15/08/2017

Size

40m2

1

1

0

2. * 1216/408 Lonsdale Street

$240,000

10/07/2017

40m2

1

1

0

3. * 1902/288 Spencer Street

$250,000

07/08/2017

35m2

1

1

0

4. 814/238-242 Flinders Street

$230,000

27/07/2017

43m2

1

1

0

5. 605/181 Abeckett Street

$220,000

11/08/2017

22m2

1

1

0

6. 806/318 Little Lonsdale Street

$266,000

29/06/2017

44m2

1

1

0

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1.315/408 Lonsdale Street

$365 / $1586

0

1

0

2.317/408 Lonsdale Street (FF)

$370 / $1607

0

1

0

3.915/408 Lonsdale Street (FF)

$400 / $1738

0

1

0

consumer.vic.gov.au/

July 2016.

25

This guide must not be taken as legal advice.



Melbourne 623/33-71 Spencer Street

1

1

Moulin Rouge - Circa 1893 Full of personality the character & charm of this heritage Grand Central apartment will sweep you away in wonderment. Stepping out onto the quaint balcony will have you feeling like you’ve stepped off the set of Moulin Rouge! • • • • • •

Soaring ceilings & generous layout Functional attractive kitchen Cute well-appointed bathroom Perfect as is or make your own improvements Sold fully furnished Leased until April 2018 then can be owner occupied

Dionne Wilson

P 0417 318 705 dionne.wilson@harcourts.com.au

27


Floor plan coming soon

Melbourne 623/33-71 Spencer Street

28


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 623/33-71 Spencer Street, Melbourne VIC 3000 Address Size (approx.) 42m2 Year Built

1893 Converted in 1997

Zoning Capital City Zone – Schedule 1

Owners Corporation SSKB Council Rates $1087 (pa approx.)

# Apartments in 215 / 215 Complex/Block

Building Name Grand Central Apartments

Water Rates $992 (pa approx.)

Facilities Pool, Gym, Grand Foyer Total Outgoings (pa approx.)

Owners Corporation $4626 Fees (pa approx.)

Current Current Rental 28/04/2018 $1868.45 Lease Expiry (per week/calendar month)

$6705

Rental Potential $430/$1868.45* (per week/calendar month)

*If the property is to stay fully furnished the potential rent achievable will be $520 per week

Method of Sale

Private Sale

Chattels

Fixed floor coverings, electric light fittings, blinds & furniture package as inspected excluding the TV.

Terms 10% Deposit – Settlement 30 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price X

or range $370,000 between

&

$400,000

Median sale price Median price $485,000

*Unit X

Period - From 01/07/2016 to 30/06/2017

Suburb Melbourne Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

1. *603/394 Collins Street

$395,000

Date of sale

19/06/2017

Size

45m2

1

1

0

2. *71/30 Russell Street

$390,000

25/08/2017

60m2

1

1

0

3. *508/325 Collins Street

$380,000

13/07/2017

57m2

1

1

0

4. 625/53 Spencer Street

$430,000

11/10/2016

47m2

1

1

0

5. 628/63 Spencer Street

$382,000

10/01/2017

44m2

1

1

0

6. 625/63 Spencer Street

$430,000

11/10/2016

47m2

1

1

0

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1. 613/67 Spencer Street

$400 / $1738

0

1

0

2. 511/422 Collins Street

$440 / $1912

1

1

0

3. 2/117 Hardware Lane

$430 / $1868

1

1

0

consumer.vic.gov.au/

July 2016.

This guide must not be taken as legal advice.

29



West Melbourne 1104/420 Spencer Street

2

2

0

“Oh so close, but worlds away” Ever dreamed of living the city lifestyle without being able to reach out and touch your neighbours? Then this one’s for you. Perfectly positioned just 300 metres from the Queen Victoria markets and 100 m from Flagstaff Gardens, this brand new inner city town residence is ideal for owners and investor alike • • • • • •

Two queen sized Bedrooms both with natural light Two sleek modern Bathrooms Open plan kitchen and Spacious living area opening to an undercover balcony Excellent storage Brand New Residence be the first to live here Building Featuring: Gym, Pool, Cinema and Function room

James Edmundson

P 0411 456 770 james.edmundson@harcourts.com.au

31


West Melbourne 1104/420 Spencer Street

32


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 1104/420 Spencer Street, West Melbourne NSW 3003 Address Size (approx.) 62.5m2 Year Built

# Apartments in 445 Complex/Block

Building Name Spencer

2017

Zoning

Owners Corporation VBCS Council Rates TBA (pa approx.)

Facilities Pool, Gym, Lounge

Water Rates 455.35 (pa approx.)

Current N/A Lease Expiry

Total Outgoings (pa approx.)

Owners Corporation 2819.24 Fees (pa approx.)

TBA

Rental Potential $ 550/$2389 (per week/calendar month)

Current Rental N/A (per week/calendar month)

Method of Sale

Private sale

Chattels

All Fixtures and fittings of a permanent nature

Terms 10% Deposit – Settlement 30 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price X

or range $500,000 between

&

$550,000

Median sale price Median price $485,000

*Unit X

Period - From 01/07/2017 to 30/06/2017

Suburb West Melbourne Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

1. * 16/44 Chetwynd Street

$500,000

Date of sale

05/09/2017

Size

69m2

2

1

2. * 205/41 Dryburgh Street

$560,000

14/06/2017

61.7m2

2

1

0

3. * 302/145 Roden Street

$517,000

02/06/2017

52.4m2

2

1

1

1

4. 11/50 Rosslyn Street

$510,000

23/05/2017

69m2

2

1

0

5. 102/493-499 Victoria Street

$540,000

06/06/2017

59m2

2

1

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1.504/420 Spencer Street, W Melbourne

$550 / $2389

2

2

0

2.606/420 Spencer Street, W Melbourne

$530 / $2302

2

2

0

3.601/33 Batman Street, West Melbourne $480 / $2085

2

1

1

consumer.vic.gov.au/

July 2016.

33

This guide must not be taken as legal advice.



West Melbourne 2703/420 Spencer Street

2

2

1

“Panoramic Position” Perched high in the block and one of only a handful of apartments on this floor this stunning corner residence offers the best of Inner city living. • • • • • • •

Two queen sized Bedrooms both with stunning aspects Two sleek modern Bathrooms Secure Car space and storage cage on title Open plan kitchen & living area opening to the water views from your balcony Brand New Residence be the first to live here Additional Building Features include: Gym, Pool, Cinema and Function room Located on the exclusive 23rd level with the Residents deck just a 15 metre stroll from your door.

James Edmundson

P 0411 456 770 james.edmundson@harcourts.com.au

35


Floor plan coming soon

West Melbourne 2703/420 Spencer Street

36


Statement of Information Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 2703/420 Spencer Street, West Melbourne VIC 3003 Address Size (approx.) 58.1m2 Year Built

# Apartments in 445 Complex/Block

Building Name Spencer

2017

Zoning Mixed use zone

Owners Corporation VBCS Council Rates TBA (pa approx.) Current Vacant Lease Expiry

Water Rates TBA (pa approx.)

Facilities Pool, Gym, Lounge Total Outgoings (pa approx.)

Owners Corporation TBA Fees (pa approx.)

TBA

Rental Potential $630 / $2737 (per week/calendar month)

Current Rental N/A (per week/calendar month)

Method of Sale

Auction 1 Nov 2017 6:00 PM

Chattels

All fixtures and fittings of a permanent nature

Terms 10% Deposit – Settlement 30 Days

Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable) Single price

or range $600,000 between

&

$650,000

Median sale price Median price $485,000

*Unit X

Period - From 01/07/2016 to 30/06/2017

Suburb West Melbourne Source REIV

Comparable property sales The following properties marked with an astrix (*) were sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Harcourts Melbourne City has also provided additional sale(s) that the purchaser may find informative. Address of comparable property

Price

1. * 125/33 Jeffcott Street, W Melbourne

$670,000

Date of sale

08/07/2017

Size

2

1

2. * 408/41 Dryburgh Street, W Melbourne $699,000

15/05/2017

2

1

1

3. * 9/28-32 Jeffcott Street, W Melbourne

$626,500

13/05/2017

2

1

1

4. 17/33 Jeffcott Street, W Melbourne

$660,000

26/08/2017

2

2

1

5. 816/55 Dudley Street, W Melbourne

$604,388

22/07/2017

2

1

1

6. 101/89 Dudley Street, W. Melbourne

$615,000

18/05/2017

2

2

1

1.2013/420 Spencer Street, W Melbourne $600 / $2607

2

2

1

2.1503/420 Spencer Street, W Melbourne $590 / $2563

2

2

1

3.2203/65 Dudley Street, W Melbourne

2

2

1

1

Comparable property rentals Address of comparable property

consumer.vic.gov.au/

Rental (per week/calendar month)

$620 / $2694

July 2016.

37

This guide must not be taken as legal advice.




OUR OPEN FOR INSPECTION AND YOUR PRIVACYŠ (Privacy Act 1988: collection notice)

If on attending our open for inspection

nection with the sale or letting of the

you choose to give us your personal in-

property; to provide you with further

formation on doing so you consent to

information about the property, during

us firstly collecting, holding, using, and

the course of the sale or letting cam-

disclosing it for the following primary

paign; to provide you with copies of

and secondary purposes and, second-

documents about the property, which

ly, providing you with direct marketing

you have asked to see; receive and

material about properties we have list-

respond to enquiries you may have

ed for sale or lease and which we think

about the property; receive, respond

may be of interest to you.

to, and negotiate offers to buy or lease which you may make for the property;

When you give us your personal infor-

if the property is to be auctioned, to ad-

mation, we will give you this form and

vise you about any changes in connec-

also our contact details. If our repre-

tion with the auction.

sentative accidentally overlooks doing so, please ask him or her to hand

What are the secondary purposes?

one or the other or both of them to

They are: to include your personal in-

you, before you leave our open for in-

formation in a database(s) of potential

spection.

vendors, purchasers, landlords or tenants; to advise appropriate authorities

What are the primary purposes?

and insurers, if an accident occurs or a

They are: to inform our vendor or land-

crime is committed or is suspected to

lord of those attending our open for

have been committed at the property,

inspection; to seek your views in con-

or in its immediate vicinity.




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