Harcourts Melbourne City Property Guide 04/12/17

Page 1

Property Guide Publication Date 4th December 2017





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.)

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 Current Current Rental 03.12.2018 $600 / $2607 $600 / $2607 Lease Expiry (per week/calendar month) (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 700,000

or range X between

&

X

Median sale price Median price $531,995

*Unit X

Period - From 01/10/2016 to 30/09/2017

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

Size

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

2

2

2

4. 405/1 Acacia Place

$750,000

31/03/17

2

2

1

5. 104/13 Acacia Place

$702,000

28/04/17

2

2

1

6. 303/88 Trenerry Crescent

$600,000

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.



Collingwood 209/40 Stanley Street

2

1

1

Chic pad in one of Melbourne’s most popular locales North facing, perfectly positioned and walking distance to some of Melbourne’s best bar & dining precincts such as Gertrude, Smith & Brunswick Streets. This property will forever be attractive to both investors & owner occupiers looking to secure outstanding returns or long-term capital growth. • • • • • • •

Generous living/dining that opens out on to a sunny spacious balcony Separated galley style kitchen with an abundance of storage Reverse cycle heating and cooling Extra storage on title Underground secure car park & security swipe access with intercom Public transport at your door On-site building manager

Stuart Kennett

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

7


209/34 STANLEY STREET, COLLINGWOOD

BALCONY

LIVING/ DINING

CARSPACE

(NOT IN POSITION)

BEDROOM

:x:

STORAGE

p ENTRY

C r-:

c:,

o:::

BEDROOM

(NOT IN POSITION)

a:l

�

EVERY CARE HAS BEEN TAKEN TO VERIFYTHE ACCURACYOF INFORMATION PROVIDED. PROSPECTIVE PURCHASERS ARE REQUIRED TO TAKE SUCH ACTION AS IS NECESSARYTO SATISFYTHEMSELVES IN ALL RESPECTS.

Collingwood 209/40 Stanley 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 209/40 Stanley Street, Collingwood VIC 3066 Address Size (approx.) 61m2 + Balcony 8m2 Year Built

2009

Zoning Mixed Use Zone Facilities Guest parking & storage cage

Owners Corporation Council Rates $ 1059 (pa approx.)

# Apartments in 87 / 87 Complex/Block

Building Name Marque

Water Rates $ 662 (pa approx.)

Current 14-12-2017 Lease Expiry

Total Outgoings (pa approx.)

Owners Corporation $ 4570 Fees (pa approx.)

Current Rental (per week/calendar $441 / $1916 month)

$ 6291

Rental Potential $530 / $2303 (per week/calendar month)

Method of Sale

Auction 14 Dec 2017 6:00 PM

Chattels

All fixed floor coverings, electric light fittings blinds and 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) or range $ 500,000 between

Single price X

&

$ 535,000

Median sale price Median price $612,500 Period - From 1/10/2016

*Unit X to 30/09/2017

Suburb Collingwood 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. * 307/34 Stanley Street, Collingwood

$ 529,500

Date of sale

08/09/2017

Size

68m2

2

1

2

2. * 202/6 Mater Street, Collingwood

$ 552,500

05/09/2017

59m2

2

2

1

3. * 403/6 Mater Street, Collingwood

$ 480,000

09/08/2017

64m2

2

1

0

4. 4/67 Easey Street, Collingwood

$ 535,000

06/05/2017

57m2

2

1

1

5. 204/40 Stanley Street, Collingwood

$ 486,000

23/05/2017

59m2

2

1

1

6. 507/70 Stanley Street, Collingwood

$ 537,500

25/07/2017

58m2

2

1

1

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1. 105/40 Stanley Street

$ 525 / $2281

2

1

2. 6/185 Stanley Street

$ 500 / $2173

2

1

1

3. 507/60 Stanley Street

$ 500 / $2173

2

1

1

consumer.vic.gov.au/

July 2016.

9

This guide must not be taken as legal advice.



East Melbourne 309V/162 Albert Street

2

1

1

Stunning Abode, Ideal Location Boasting a prominent light filled corner position, residence 309V is now available for your consideration. Situated in the heart of East Melbourne, the location and size of this wonderful property will leave you wanting for nothing. • • • • • • • •

Dual aspect of natural light Two very generous bedrooms with built in robes Galley kitchen with ample storage, island bench and breakfast bar Natural light and fresh air to both bedrooms Innovatively positioned study space Onsite building managers Outdoor heated pool, work-out room and sun-deck Public transport at the door

Stuart Kennett

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

11


East Melbourne 309V/162 Albert 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 309V/162 Albert Street, East Melbourne VIC 3002 Address Size (approx.) 79m2 Year Built

2004

Zoning Mixed Use Zone

Owners Corporation Excel Strata

Facilities

Council Rates Water Rates $ 1342.07 $ 726 (pa approx.) (pa approx.) Current N/A Lease Expiry

# Apartments in 440 / 211 Complex/Block

Building Name The Victoria

Gym, Pool, Sun deck, onsite building management, Plaza shops

Owners Corporation Fees (pa approx.)

Total Outgoings (pa approx.)

$ 3616.40

$ 5684.47

Rental Potential $520 / $2259 (per week/calendar month)

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

Method of Sale

Auction 09 Dec 2017 at 12:00 noon

Chattels

All fixed floor coverings, electric light fittings, blind 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 $610,000 between

&

$660,000

Median sale price Median price $836,000

*Unit X

Period - From 01/10/2017 to 30/09/2017

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. * 113M/201 Powlett Street, E Melb

$ 655,000

Date of sale

16/10/2017

Size

79m2

2

1

1

2. * 902V/162 Albert Street, E Melb

$ 655,000

11/19/2017

66m2

2

1

1

3. * 702V/162 Albert Street, E Melb

$ 600,000

07/07/2017

66m2

2

1

0

4. 109V/162 Albert Street, E Melb

$ 610,000

09/06/2017

79m2

2

1

1

5. 101/166 Wellington Parade, E Melb

$ 660,000

16/06/2017

74m2

2

2

1

6. 1005/166 Wellington Parade, E Melb

$ 670,000

20/06/2017

76m2

2

2

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1. 311V/162 Albert Street

$505 / $2194

2

1

1

2. 315V/162 Albert Street

$510 / $2216

2

1

1

3. 802V/162 Albert Street

$500 / $2172

2

1

1

consumer.vic.gov.au/

July 2016.

13

This guide must not be taken as legal advice.



Melbourne 806/11 Cohen Street

1

1

0

Modern trend in the Paris end Picture perfect and sure to impress this unit is unashamedly sleek and modern juxtaposed with views over historic Chinatown. Seconds to Melbourne’s finest dinning and cultural experiences a truly exciting place to live. Recently remodeled there’s nothing to do but move in. • • • • • •

Open plan living space with separate study nook Modern sleek kitchen with double fridge space Balcony overlooking Melbourne’s vibrant Chinatown Oversized bedroom with full robes Sleek bathroom with Euro laundry Air conditioned ideal for the coming warmer months

James Edmundson

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

15


Melbourne 806/11 Cohen Place

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 806/11 Cohen Place, Melbourne VIC 3000 Address

Year Built

# Apartments in 116 / 35 Complex/Block

Building Name Cohen Residences

Size (approx.)

2000

Zoning Capital City Zone – Schedule 1 Facilities pool, gym

Owners Corporation Council Rates $ 768.63 Water Rates $ 662.49 (pa approx.) (pa approx.) Current N/A Lease Expiry

Total Outgoings (pa approx.)

Owners Corporation Fees (pa approx.) $ 2060.42

Rental Potential $390 / $1694 (per week/calendar month)

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

Method of Sale

Auction 09 Dec 2017 3:00 PM

Chattels

All fixture and fittings of a permanent nature.

$ 3491.54

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 $ 360,000 between

&

$ 400,000

Median sale price Median price $ 495,000 Period - From 1/10/2016

*Unit X to 30/09/2017

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. * 13/287-293 Exhibition Street

$ 390,000

Date of sale

02/09/2017

2. * 41/287 Exhibition Street

$ 384,000

03/08/2017

3. * 71/172 William Street

$ 350,000

4. 11/4 Bank Place

$ 405,000

5. 105/368 Little Collins Street

$ 450,000

6. 2601/288 Spencer Street

$ 375,000

Size

1

1

0

1

1

1

16/10/2017

1

1

0

16/10/2017

1

1

0

14/10/2017

1

1

1

09/10/2017

1

1

0

53m2

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1. 808/11-17 Cohen Place

$ 430 / $1868 (furnished)

2. 707/ 11-17 Cohen Place

$ 466 / $2025 (furnished)

3. 702/11-17 Cohen Place

$ 430 / $1868 (furnished)

consumer.vic.gov.au/

July 2016.

17

This guide must not be taken as legal advice.



Melbourne 42/287 Exhibition 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

Facilities N/A

Council Rates Water Rates $ 779.30 $ 649.00 (pa approx.) (pa approx.) Current N/A Lease Expiry

# Apartments in 55 / 55 Complex/Block

Building Name Exhibition Apartments

Total Outgoings (pa approx.)

Owners Corporation $4482.40 Fees (pa approx.)

$5910.70

Rental Potential $375 / $1629 (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 $350,000

or range X between

&

X

Median sale price Median price $495,000

*Unit X

Period - From 01/10/2016 to 30/09/2017

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. * 13/287-293 Exhibition Street

$390,000

02/09/2017

1

1

0

2. * 41/287 Exhibition Street

$384,000

03/08/2017

1

1

1

3. * 71/172 William Street

$350,000

16/10/2017

1

1

0

4. 11/4 Bank Place

$405,000

16/10/2017

1

1

0

5. 105/368 Little Collins Street

$450,000

14/10/2017

1

1

1

6. 2601/288 Spencer Street

$375,000

09/10/2017

1

1

0

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 909/68 La Trobe Street

2

2

1

Elevated Corner with Irreplaceable Views • • • • • •

Large open plan living room enjoying protected views courtesy of its heritage neighbours Two bright light bedrooms, the master with ensuite and stunning views of the State Library Entertainers kitchen with gas cooking, electric oven & expansive bench space. On the edge of Melbourne’s stunning theatre district dining experiences Secure Car space on title Security entrance, Concierge, Pool, Gym, BBQ and gardens

James Edmundson

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

23


Melbourne 909/68 La Trobe 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 909/68 La Trobe Street, Melbourne VIC 3000 Address Size (approx.) 106 m2 Year Built

# Apartments in 259 / 399 Complex/Block

Building Name Concept Blue

2004

Zoning Mixed Use Zone

Owners Corporation Knights Alliance-03 9509 3144

Facilities BBQ Area, Gym, Pool, Sauna Total Outgoings (pa approx.)

Owners Corporation Fees (pa approx.) $7655.24

Council Rates $1718.39 (pa approx.)

Water Rates $674.47 (pa approx.)

Current N/A Lease Expiry

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

$10048.10

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

Method of Sale

Private Sale

Chattels

All fixtures and fittings of a permanent nature

Terms 10% Deposit – Settlement 90 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 $800,000

or range X between

&

X

Median sale price Median price $ 495,000

*Unit X

Period - From 01/10/2016 to 30/09/2017

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. * 1911/199 William Street

$ 710,000

Date of sale

20/09/2017

Size

2

2

1

2. * 2010/199 William Street

$ 800,000

08/09/2017

2

2

1

3. * 1006/11-17 Cohen Place

$ 700,000

28/08/2017

2

2

1

4. 1/1-9 Exhibition Street

$ 704,000

22/07/2017

2

2

1

5. 2101/25 Therry Street

$ 720,000

11/07/2017

2

2

1

6. 1223/422-428 Collins Street

$ 750,000

03/07/2017

2

2

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

2. ?/601 Little Lonsdale Street

$ 720/3128

2

2

1

2. 2003/68 La Trobe Street

$ 700/3041

2

2

1

3. 208/61 McKenzie Street

$ 650/2824

2

1

1

consumer.vic.gov.au/

July 2016.

25

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 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

27


Melbourne 38/24 Little Bourke 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 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 Eagle Strata Management

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 $495,000 Period - From 01/10/16

*Unit X to 30/09/17

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.

29

This guide must not be taken as legal advice.



Melbourne 43/24 Little Bourke Street

2

1

Significant ground floor residence in the Paris End • • • • • • • • •

High ceilings throughout rarely found in modern apartments North facing windows in every room. Ground floor position Excellent layout maximises living space Two bedrooms both with large windows Ducted heating cooling system Heritage charm Vacant possession provided at settlement from Jan 25th Features in the building include pool, gardens and cafe.

James Edmundson

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

31


Floor plan coming soon

Melbourne 43/24 Little Bourke 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 43/24 Little Bourke Street, Melbourne VIC 3000 Address Size (approx.) 76 m2 Year Built

1884

Zoning Capital City Zone – Schedule 1

Owners Corporation Eagle Strata Management

Facilities BBQ, Pool, Gardens Total Outgoings (pa approx.)

Owners Corporation Fees $ 6875.44 (pa approx.)

Council Rates $ 1129.37 Water Rates $ 750 (pa approx.) (pa approx.) Current N/A Lease Expiry

# Apartments in 85/85 Complex/Block

Building Name Gordon House

$ 8754.81

Rental Potential $550 / $2390 (per week/calendar month)

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

Method of Sale

Auction 16 Dec 2017 at 1:30 PM

Chattels

All fixtures and fittings of a permanent nature

Terms 10% Deposit – Settlement 25/1/2018

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 $600,000 between

&

$650,000

Median sale price Median price $495,000 Period - From 1/10/2016

*Unit X to 30/09/2017

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. * 306/9 Degraves Street

$ 655,000

Date of sale

17/10/2017

Size

83m2

2

2

2. * 602/501 Little Collins Street

$ 642,000

29/09/2017

90m2

2

2

0

3. * 203/118 Russell Street

$ 640,000

20/09/2017

92m2

2

1

0

4. 41/18 Bennetts Lane

$ 540,000

12/10/2017

64m2

2

1

1

5. 331/67 Spencer Street

$ 682,000

23/10/2017

84m2

2

1

1

6. 3/114 Hardware Street

$ 536,000

21/09/2019

93m2

2

1

0

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1. 212/118 Russell Street

$530 / $2303

2

1

0

2. 41/1 Exhibition Street

$582 / $2529

2

2

0

3. 604/115 Swanston Street

$500 / $2172

2

2

0

consumer.vic.gov.au/

July 2016.

33

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

35


Melbourne 604/408 Lonsdale 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 604/408 Lonsdale Street, Melbourne VIC 3000 Address Size (approx.) 40m2 Year Built

# Apartments in 219 / 219 Complex/Block

Building Name

1973

Zoning Capital City Zone – Schedule 1

Owners Corporation LR Reed Council Rates $576.64 (pa approx.)

Facilities None

Water Rates $662.49 (pa approx.)

Current 30-11-2017 Lease Expiry

Owners Corporation $5204.32 Fees (pa approx.)

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

Total Outgoings (pa approx.)

$6443.45

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 $ 270,000

or range between

&

Median sale price Median price $495,000

*Unit X

Period - From 01/10/2016 to 30/09/2017

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.

37

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

39


Floor plan coming soon

Melbourne 623/33-71 Spencer Street

40


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 $350,000

or range between

&

Median sale price Median price $495,000

*Unit X

Period - From 01/09/2016 to 30/10/2017

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.

41



North Melbourne 101/704 Victoria Street

1

1

0

North Melbourne chic with a heritage twist Rarely offered and totally unique this spacious residence in the North Melbourne’s industrial quarter leaves all the others wanting. Circa 1929 on the site of former Mulcahys Hotel, featuring a heritage facade beautifully contrasted by the innovative modern interior this really is something special. • • • • • • •

Dual aspect of natural light Private balcony with leafy aspect Light and bright bedroom with heritage feature window Heritage listed, boutique block of 21 Super low owner’s corporation fees Moments for North Melbourne station and Errol Street 24 concierge and security swipe access with intercom

Stuart Kennett

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

43


North Melbourne 101/704 Victoria Street

44


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

Sections 47AF of the Estate Agents Act 1980

Property offered for sale 101/704 Victoria Street, North Melbourne VIC 3051 Address Size (approx.) 50m2 Year Built

1929

Zoning Capital City Zone – Schedule 1 Facilities NA

Owners Corporation Council Rates Water Rates $ 960.71 $ 662.49 (pa approx.) (pa approx.) Current N/A Lease Expiry

# Apartments in 21 / 21 Complex/Block

Building Name Mulchays Hotel

Total Outgoings (pa approx.)

Owners Corporation $2014.86 Fees (pa approx.)

$3638.06

Rental Potential $ 400/ $ 1738 (per week/calendar month)

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

Method of Sale

Auction 07 Dec 2017 6:00 PM

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 $365,000 between

&

$395,000

Median sale price Median price $550000

*Unit X

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

Suburb North 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. * 13D/312 Dryburgh Street, N Melb

$423,000

Date of sale

28/09/17

Size

73

1

1

2. * 103/33 Wreckyn Street, N Melb

$342,000

22/09/17

47

1

1

0

3. * 105/493-499 Victoria Street, W Melb

$388,000

01/09/17

50

1

1

1

1

4. 405/162-174 Rosslyn Street, W Melb

$435,000

11/08/17

52

1

1

1

5. 108/475-485 Cardigan Street, Carlton

$425,000

22/07/17

42

1

1

1

6. 35/101 Leveson Street, N Melb

$422,000

17/07/17

50

1

1

1

Comparable property rentals Address of comparable property

Rental (per week/calendar month)

1. 806/93 Flemington Road, N Melb

$ 410/$ 1781

1

1

0

2. 3 Cullens Lane, North Melbourne

$ 380/$ 1651

1

1

0

3. 109/25 Byron Street, N Melbourne

$ 390$ $ 1964

1

1

0

consumer.vic.gov.au/

July 2016.

45

This guide must not be taken as legal advice.



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

47


West Melbourne 1104/420 Spencer Street

48


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 VIC 3003 Address Size (approx.) 62.5m2 Year Built

2017

Zoning

Owners Corporation VBCS Council Rates TBA (pa approx.)

# Apartments in 445 Complex/Block

Building Name Spencer

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 $500,000

or range between

Median sale price Median price $650,000

*Unit X

Period - From 01/10/2017 to 30/09/2017

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

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

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.

49

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

51


Floor plan coming soon

West Melbourne 2703/420 Spencer Street

52


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.)

Facilities Pool, Gym, Lounge

Water Rates $ 455.35 (pa approx.)

Current Vacant Lease Expiry

Owners Corporation $ 2719.68 Fees (pa approx.)

Total Outgoings (pa approx.)

TBA

Rental Potential $630 / $2737 (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 $600,000

or range between

&

Median sale price Median price $650,000

*Unit X

Period - From 01/10/2016 to 30/09/2017

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

Date of sale

Size

1. * 125/33 Jeffcott Street, W Melbourne

$670,000

08/07/2017

2

1

1

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

15/05/2017

2

1

1 1

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

$626,500

13/05/2017

2

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

Comparable property rentals Address of comparable property

consumer.vic.gov.au/

Rental (per week/calendar month)

$620 / $2694

July 2016.

53

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

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paign; to provide you with copies of

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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-

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They are: to inform our vendor or land-

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