2/5 Ramsgate Avenue
A two-bedroom, one-bathroom Art Deco apartment in a small security block of four in Bondi Beach, Sydney, renovated to a high standard while preserving original features. It has a CaesarStone kitchen, north-east facing sunroom/study, internal laundry and access to a shared garden, and sits a short stroll from Bondi Beach and local amenities.
Bedrooms
2
Bathrooms
1
Size
N/A
Year Built
N/A
Projected value
The offering costs $912,434.25 in total. The property itself is $877,500.00, so 4.0% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $624,000.00 and a $288,434.25 loan covers the rest.
- Purchase price96.2%$877,500.00
- Reserves and improvements1.4%$12,321.99
- Closing and offering costs5.8%$52,678.02
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
$49.99
Shares Available
10,000
Minimum Investment
$49.99
Share Holders
N/A
Platform Fee
0.36%
Management Fee
0.16% a year
Leverage
33% debt
Property Type
Apartment
Bedrooms
2
Bathrooms
1
Size
N/A
Year Built
N/A
Condition
N/A
