Apartment
Australia
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4/6 Miller St

25
4/6 Miller St, Prahran, VIC, Melbourne, Australia

A two-bedroom, one-bathroom townhouse in Prahran, Melbourne, architecturally renovated to a high standard with two car spaces. It features an open-plan kitchen and living area opening onto a private deck, custom built-in wardrobes, ducted cooling and a flexible garage space. The suburb is close to Chapel Street, St Kilda Beach and transport links to Melbourne's CBD.

Property Overview

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,269
$269 (26.90%)
Investment Summary
Asset Price$755,170.00
Share Price$61.10
Annual Yield4.88%
Trailing 12-month yield-2.4 pts2.47%
Monthly Rental$2,484.30
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $799,500.00 in total. The property itself is $747,500.00, so 7.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price93.5%$747,500.00
  • Reserves and improvements1.1%$8,654.61
  • Closing and offering costs5.4%$43,345.39

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

$61.10

Shares Available

0

Minimum Investment

$61.10

Share Holders

N/A

Platform Fee

0.51%

Management Fee

0.26% a year

Leverage

Unlevered

Property Features

Property Type

Apartment

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$755,170.00

Share Price$61.10
Annual Yield4.88%
Shares AvailableN/A