RENTAL APPRAISALS
* Artist impression indicative only and subject to change
YSH PROPERT Y
Rental Appraisals Average Agency Taplin LJ Hooker - Mile End Belle Property Glenelg
Agent Gemma Reeve Justin Peters David Ferrari
Low $380 $395 $350 $375
Unit 1-6 High $400 $425 $370 $398
Average $390 $410 $360 $387
Low $360 $375 $330 $355
Units 7+12 High $380 $405 $350 $378
Average $370 $390 $340 $367
Low $350 $355 $290 $332
Units 8-11 High $370 $385 $300 $352
Average $360 $370 $295 $342
Low $360 $375 $330 $355
Units 13-18 High Average $380 $370 $415 $395 $350 $340 $382 $368
RENTAL PRICE EXPECTATION To place your properties at the top of tenants list in the current market, we have devised the following pricing: Apartments 1-6 7 & 12 8 - 11 13 - 18
Unfurnished Price ($ / pw) 395 - 425 375 - 405 355 -385 375 - 415
Furnished Price ($ / pw) 415 - 445 395 - 425 375 -405 395 - 425
The pricing above has been derived from recently leased properties in and around Torrensville as discussed in our face to face meeting. Our office uses Inspect Real Esate (IRE), which enables us to keep an up to date tenant database at all times. We would use this database to attract tenants quickly.
LJ Hooker Mile End & Projects Adelaide
RLA 242629
Eminence Torrensville Proposal
RENTAL
RECOMMENDATIONS RENTAL APPRAISAL 40% of Torrensville is owned by investors who put their properties on the rental market.
► Apt 1-6
$350 - $370 Unfurnished/ $370 - $390 Furnished
► Apt 11-18
$330 - $350 Unfurnished/ $350 - $390 Furnished
► Apt8,9,10
$290 - $300 Unfurnished/ $37 0 - $320 Furnished
► TheTeam
Laura Wilsmore & Nicole Price. We have two full time property managers who look after the portfolio and ensure that all landlords receive the silver service treatment.
► Holiday Let
Apartments 8,9, l 0 appear to be the choice for holiday let or furnished student accommodation.
The Median rent is: $350 Per week. Currently there are only 5 properties listed for rent in Torrensville. We are finding rentals are very busy at the moment with 20 plus groups coming through each open
Market Rental Appraisal 10TH September 2020
Dear Dean, RE: 1A Stephens Avenue, Torrensville At The Taplin Group we understand that when investing in property one of the most important decisions you will need to make is who will manage your property, who you can trust and have confidence in that they will put your interests first. The Taplin Group has the drive, desire, experience and flexibility to meet your goals, we are committed to achieving the results you require and deserve. It is our considered professional opinion that in the current market, the rental ranges for each configuration below should be achievable.
1. 2. 3. 4.
Apartments 1 - 6. Apartments 7 & 12. Apartments 8 - 11. Apartments 13 - 18.
Furnished $ Furnished $ Furnished $ Furnished $
380-400 360-380 350-370 360-380
Please be advised that this rental assessment is an approximation only and is based on current market conditions and property details provided. Take advantage of our one time offer of reduced management fees for your newly refurbished apartments! Enclosed is our Property Management Fee Structure. Should you have any further questions or queries, please do not hesitate to me on 8295 4104. Yours sincerely, Gemma Reeve Business Manager TAPLIN MANAGEMENT PTY LTD*Disclaimer This opinion of market value has been prepared solely for the information of the client and not for any third party. Although every care has been taken in arriving at the valuation, we stress that it is an opinion only and not to be taken as a sworn valuation.