Apartment
Australia
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4/8 James Street

25
4/8 James Street, Manly, NSW, Sydney, Australia

A two bedroom, two bathroom Art-Deco garden apartment in Manly, Sydney, in a boutique block of four on James Street. It has 65sqm on title, 3.3 metre high ceilings, timber floors, a CaesarStone kitchen and bi-fold doors opening to a covered rear deck and courtyard. It is a short walk from Manly Cove, The Corso and Manly Wharf.

Property Overview

Bedrooms

2

Bathrooms

2

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,237
$237 (23.70%)
Investment Summary
Asset Price$818,703.60
Share Price$56.68
Annual Yield4.35%
Monthly Rental$2,056.17
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $787,505.55 in total. The property itself is $721,500.00, so 9.1% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $565,500.00 and a $222,005.55 loan covers the rest.

  • Purchase price91.6%$721,500.00
  • Reserves and improvements1.2%$9,645.42
  • Closing and offering costs5.5%$43,589.59
  • Other1.6%$12,770.55

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

$56.68

Shares Available

0

Minimum Investment

$56.68

Share Holders

N/A

Platform Fee

0.36%

Management Fee

0.13% a year

Leverage

31% debt

Property Features

Property Type

Apartment

Bedrooms

2

Bathrooms

2

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$818,703.60

Share Price$56.68
Annual Yield4.35%
Shares AvailableN/A