Single Family
Australia
1 / 2

8 Waterman Drive

40
8 Waterman Drive, Clyde North, VIC, Melbourne, Australia

A two-storey, four-bedroom house with a double garage in the Eliston estate masterplan community at Clyde North, south east of Melbourne. The master suite has His & Her walk-in wardrobes and an adjoining ensuite, with stainless steel appliances, stone bench tops and fully landscaped gardens. Eliston is built around 3 parklands and 3 major sports ovals, with a future town centre and Clyde train station planned.

Property Overview

Bedrooms

4

Bathrooms

2

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,880
$880 (88.00%)
Investment Summary
Asset Price$549,686.80
Share Price$35.79
Annual Yield13.46%
Trailing 12-month yield-8.8 pts4.61%
Monthly Rental$4,015.92
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $505,297.10 in total. The property itself is $481,910.00, so 4.9% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $337,206.90 and a $168,090.21 loan covers the rest.

  • Purchase price95.4%$481,910.00
  • Reserves and improvements1.2%$5,845.36
  • Closing and offering costs8.2%$41,201.54

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

$35.79

Shares Available

0

Minimum Investment

$35.79

Share Holders

N/A

Platform Fee

2.01%

Management Fee

N/A

Leverage

35% 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

$549,686.80

Share Price$35.79
Annual Yield13.46%
Shares AvailableN/A