6/10A Challis Avenue
A one-bedroom art deco apartment with a study in Potts Point, Sydney, part of a secure block of 27 units on Challis Avenue. It features high ceilings, timber floorboards, a north aspect, leased parking and a common rooftop terrace with city views. The apartment is within walking distance of the Sydney CBD and close to cafes, transport and parkland.
Bedrooms
1
Bathrooms
1
Size
N/A
Year Built
N/A
Projected value
The offering costs $620,903.40 in total. The property itself is $575,250.00, so 7.9% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $429,000.00 and a $191,903.40 loan covers the rest.
- Purchase price92.6%$575,250.00
- Reserves and improvements1.2%$7,490.83
- Closing and offering costs5.8%$36,091.67
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
$31.53
Shares Available
10,000
Minimum Investment
$31.53
Share Holders
N/A
Platform Fee
0.33%
Management Fee
0.18% a year
Leverage
33% debt
Property Type
Apartment
Bedrooms
1
Bathrooms
1
Size
N/A
Year Built
N/A
Condition
N/A
