68 Smile Crescent
A three-bedroom house with double garage on Smile Crescent in Wyndham Vale, Melbourne, part of the Jubilee Estate. The master bedroom has an ensuite and WIR, and the kitchen/living area opens onto an alfresco area with stainless steel appliances and stone benchtops. The home is leased to developer Mahercorp as a display home in an outer-western suburb about 35km from the city.
Bedrooms
3
Bathrooms
2
Size
N/A
Year Built
N/A
Projected value
The offering costs $325,675.44 in total. The property itself is $305,890.00, so 6.5% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $202,738.25 and a $122,937.19 loan covers the rest.
- Purchase price93.9%$305,890.00
- Reserves and improvements1.3%$4,261.40
- Closing and offering costs8.9%$29,086.85
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
$20.31
Shares Available
0
Minimum Investment
$20.31
Share Holders
N/A
Platform Fee
1.95%
Management Fee
N/A
Leverage
40% debt
Property Type
Single Family
Bedrooms
3
Bathrooms
2
Size
N/A
Year Built
N/A
Condition
N/A
