Single Family
Australia
1 / 6

1104 Havelock Street

67
1104 Havelock Street, Ballarat North, VIC, Melbourne, Australia

A three-bedroom, one-bathroom family home in Ballarat North, Melbourne, with one carpark and a recently renovated modern kitchen with new appliances and gas stovetop. The kitchen and living areas back onto a large landscaped garden and patio, and the property is an 8 minute drive or 14 minute cycle to the Ballarat CBD.

Property Overview

Bedrooms

3

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,428
$428 (42.80%)
Investment Summary
Asset Price$378,807.00
Share Price$18.77
Annual Yield7.38%
Monthly Rental$1,154.83
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $282,152.78 in total. The property itself is $262,600.00, so 7.4% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $219,706.50 and a $62,446.28 loan covers the rest.

  • Purchase price93.1%$262,600.00
  • Reserves and improvements4.1%$11,507.60
  • Closing and offering costs8.6%$24,378.90

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

$18.77

Shares Available

10,000

Minimum Investment

$18.77

Share Holders

N/A

Platform Fee

0.53%

Management Fee

0.24% a year

Leverage

24% debt

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$378,807.00

Share Price$18.77
Annual Yield7.38%
Shares Available10,000