L1/1058 Dandenong Road
A newly refurbished first floor office in Carnegie, a South-east Melbourne suburb about 12km from the CBD. The property offers a gross building area of 565m² plus a 66m² terrace and ground floor lobby, 17 undercover car park spaces and two large terrace areas overlooking Dandenong Road. It sits within the '1060' mixed-use development and is within walking distance of Carnegie Station and Koornang Road.
Bedrooms
N/A
Bathrooms
N/A
Size
6082 sq ft
Year Built
N/A
Projected value
The offering costs $1,794,117.00 in total. The property itself is $1,690,000.00, so 6.2% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $1,001,000.00 and a $793,117.00 loan covers the rest.
- Purchase price94.2%$1,690,000.00
- Reserves and improvements1.4%$24,232.00
- Closing and offering costs7.3%$131,768.00
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
$77.35
Shares Available
10,000
Minimum Investment
$77.35
Share Holders
N/A
Platform Fee
0.92%
Management Fee
0.19% a year
Leverage
47% debt
Property Type
Commercial
Bedrooms
0
Bathrooms
0
Size
6082 sq ft
Year Built
N/A
Condition
N/A
