213 Princes Hwy
A group of six brand new 2-bedroom, 2-bathroom apartments at the Bloom Arncliffe development in Arncliffe, about 11 km south of the Sydney CBD. Each apartment has parking, storage and balconies, with three penthouses enjoying views toward the city and Botany Bay. The building sits above a ground floor marketplace with restaurants and retailers.
Bedrooms
2
Bathrooms
2
Size
N/A
Year Built
N/A
Projected value
The offering costs $3,198,219.31 in total. The property itself is $3,006,900.00, so 6.4% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $2,521,967.50 and a $676,251.81 loan covers the rest.
- Purchase price94.0%$3,006,900.00
- Reserves and improvements1.9%$60,333.00
- Closing and offering costs6.3%$202,234.50
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.
Total Shares
10,000
Share Price
$104.42
Shares Available
10,000
Minimum Investment
$104.42
Share Holders
N/A
Platform Fee
0.47%
Management Fee
0.21% a year
Leverage
22% debt
Property Type
Multi-Family
Bedrooms
2
Bathrooms
2
Size
N/A
Year Built
N/A
Condition
N/A
