Single Family
Australia
1 / 6

2/11 Arnold Street

54
2/11 Arnold Street, Kingswood (Adelaide), SA, Adelaide, Australia

A two-bedroom house in Kingswood, an established family suburb of Adelaide, with high ceilings, polished floorboards and a spacious living area featuring an open fireplace. It offers an updated bathroom, an outdoor veranda and pergola, a low maintenance garden and off-street parking, and is a 10 minute walk to Mitcham Square Shopping Centre.

Property Overview

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,298
$298 (29.80%)
Investment Summary
Asset Price$574,260.05
Share Price$35.72
Annual Yield5.35%
Trailing 12-month yield-5.2 pts0.17%
Monthly Rental$1,591.42
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $378,352.81 in total. The property itself is $368,875.00, so 2.6% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $305,500.00 and a $72,852.81 loan covers the rest.

  • Purchase price97.5%$368,875.00
  • Reserves and improvements2.7%$10,075.07
  • Closing and offering costs9.8%$37,212.43

Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.

Shares Information

Total Shares

10,000

Share Price

$35.72

Shares Available

10,000

Minimum Investment

$35.72

Share Holders

N/A

Platform Fee

0.55%

Management Fee

0.18% a year

Leverage

20% debt

Property Features

Property Type

Single Family

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$574,260.05

Share Price$35.72
Annual Yield5.35%
Shares Available10,000