Threeworld home
Single Family
Australia
1 / 4

10 Waterman Drive

37
10 Waterman Drive, Clyde North, VIC, Melbourne, Australia

A four-bedroom house with two bathrooms and a double garage at 10 Waterman Drive, Clyde North, south east of Melbourne. The home offers open plan living, a walk-in pantry, alfresco area and theatre room, and sits within the Eliston estate masterplan community. It is leased to developer Mahercorp for use as a display home.

Property Overview

Bedrooms

4

Bathrooms

2

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,728
▲ $728 (72.80%)
Investment Summary
Asset Price$548,570.10
Share Price$37.63
Annual Yield11.56%
Trailing 12-month yield-8.0 pts3.58%
Monthly Rental$3,626.46
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $448,637.33 in total. The property itself is $435,175.00, so 3.1% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $311,992.38 and a $136,644.95 loan covers the rest.

  • Purchase price97.0%$435,175.00
  • Reserves and improvements2.3%$10,530.00
  • Closing and offering costs8.6%$38,537.38

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

$37.63

Shares Available

0

Minimum Investment

$37.63

Share Holders

N/A

Platform Fee

1.99%

Management Fee

N/A

Leverage

31% 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

$548,570.10

Share Price$37.63
Annual Yield11.56%
Shares AvailableN/A

Property Resources