Apartment
Australia
1 / 6

12/84-90 McLachlan Ave

77
12/84-90 McLachlan Ave, Darlinghurst, NSW, Sydney, Australia

A modern one-bedroom strata apartment in Darlinghurst, Sydney, part of a well-presented block on McLachlan Avenue. It has secure undercover parking and a lounge room that flows onto a good size balcony overlooking Boundary Street. The Sydney CBD is within walking distance, with easy access to public transport.

Property Overview

Bedrooms

1

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,629
$629 (62.90%)
Investment Summary
Asset Price$576,329.00
Share Price$22.43
Annual Yield10.25%
Monthly Rental$1,915.33
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $590,920.20 in total. The property itself is $546,000.00, so 8.2% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $370,500.00 and a $220,420.20 loan covers the rest.

  • Purchase price92.4%$546,000.00
  • Reserves and improvements1.3%$7,831.59
  • Closing and offering costs5.9%$35,068.41

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

$22.43

Shares Available

10,000

Minimum Investment

$22.43

Share Holders

N/A

Platform Fee

0.35%

Management Fee

0.18% a year

Leverage

40% debt

Property Features

Property Type

Apartment

Bedrooms

1

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$576,329.00

Share Price$22.43
Annual Yield10.25%
Shares Available10,000