Apartment
Australia
1 / 6

2/120-124 Commonwealth Street

64
2/120-124 Commonwealth Street, Surry Hills, NSW, Sydney, Australia

A two-bedroom townhouse in Surry Hills, Sydney, with secure parking and a paved courtyard. Both bedrooms have lofty ceilings and air conditioning, and the open plan living and dining areas flow out to the courtyard. It is within walking distance of the Sydney CBD, Central Station and local cafes and shops.

Property Overview

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,393
$393 (39.30%)
Investment Summary
Asset Price$976,643.20
Share Price$44.48
Annual Yield6.85%
Monthly Rental$2,540.63
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $876,915.00 in total. The property itself is $845,000.00, so 3.8% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $617,500.00 and a $259,415.00 loan covers the rest.

  • Purchase price96.4%$845,000.00
  • Reserves and improvements2.0%$17,557.83
  • Closing and offering costs5.8%$50,692.17

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

$44.48

Shares Available

10,000

Minimum Investment

$44.48

Share Holders

N/A

Platform Fee

0.34%

Management Fee

0.14% a year

Leverage

31% debt

Property Features

Property Type

Apartment

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$976,643.20

Share Price$44.48
Annual Yield6.85%
Shares Available10,000