Single Family
Australia
1 / 7

322 Esplanade East

15
322 Esplanade East, Port Melbourne, VIC, Melbourne, Australia

A fully renovated, single level freestanding Victorian residence in Esplanade East, Port Melbourne, Melbourne. The home offers two bedrooms, two bathrooms including a master en-suite, a gourmet kitchen, generous living and dining areas, and a fully decked private courtyard. It sits 200 metres from the Bay Street shopping precinct and close to beaches, parks and light rail links to the CBD.

Property Overview

Bedrooms

2

Bathrooms

2

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,136
$136 (13.60%)
Investment Summary
Asset Price$979,829.60
Share Price$97.98
Annual Yield2.59%
Trailing 12-month yield-1.3 pts1.32%
Monthly Rental$2,112.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $1,020,500.00 in total. The property itself is $945,750.00, so 7.9% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price92.7%$945,750.00
  • Reserves and improvements0.6%$6,042.27
  • Closing and offering costs6.7%$68,707.73

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

$97.98

Shares Available

0

Minimum Investment

$97.98

Share Holders

N/A

Platform Fee

N/A

Management Fee

0.17% a year

Leverage

Unlevered

Property Features

Property Type

Single Family

Bedrooms

2

Bathrooms

2

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$979,829.60

Share Price$97.98
Annual Yield2.59%
Shares AvailableN/A