Single Family
Australia
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48 Lionsgate Crescent

39
48 Lionsgate Crescent , Tarneit, VIC, Melbourne, Australia

A two-storey, four-bedroom house with a double garage in the Newgate estate at Tarneit, on Melbourne's outer western fringe. The home features walk-in robes to every bedroom, open plan living, stone benchtops and landscaped gardens, and is leased as a display home. Tarneit sits 30km from the city, close to Werribee and Hoppers Crossing.

Property Overview

Bedrooms

4

Bathrooms

2

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,818
$818 (81.80%)
Investment Summary
Asset Price$500,200.35
Share Price$32.80
Annual Yield12.70%
Trailing 12-month yield-9.1 pts3.65%
Monthly Rental$3,471.01
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $427,949.94 in total. The property itself is $416,520.00, so 2.7% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $284,500.45 and a $143,449.49 loan covers the rest.

  • Purchase price97.3%$416,520.00
  • Reserves and improvements1.2%$5,265.00
  • Closing and offering costs8.2%$34,965.45

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

$32.80

Shares Available

0

Minimum Investment

$32.80

Share Holders

N/A

Platform Fee

2.01%

Management Fee

N/A

Leverage

34% debt

Property Features

Property Type

Single Family

Bedrooms

4

Bathrooms

2

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$500,200.35

Share Price$32.80
Annual Yield12.70%
Shares AvailableN/A