Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town...

17
Property inspection Tenant search We alone protect buyers Exclusive TIC benefits for investors Tenant search We alone protect buyers Exclusive TIC benefits for investors Rental support Property inspection Tenant search We alone protect buyers Exclusive TIC benefits for investors Guidance on investment tax benefits Correct loan structure guidance Personal wealth creation plan Cash flow report Rental support Property inspection Tenant search Property search Exclusive TIC benefits for investors Estimated completion date: July 2016 - November 2016 Contact Property Mentor Enterprise Law - Steve Brkic New 27/02/17 Brett Pearce Date Listed Property Type Club Solicitor Inspections Researcher Full stamp Duty paid as well as large price reductions. Now complete. The Wallace consists of 60 units across 6 levels and incorporates a mix of 1bed/1bath, 2bed/1bath and 2bed/2bath units. Listed units include secure carapace and storage cage. Units feature air-con; SS appliances; blinds, timber floors for lounge/kitchen; carpet to bedrooms; stunning roof terrace and private concierge for tenants. Walk to train station. Close to CBD. Licence: via its listing agent Kai Thompson Kapusta (Real Estate Agent License No. 077103L) Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km Location Shopping 7-Eleven North Melbourne - 0.9km North Melbourne Supa IGA - 1.1km Queen Victoria Markets - 1.6km Retail Simonds Catholic College - 1.3km North Melbourne Primary School - 1.6km The University High School - 2.4km Schools Apartment, New Property WEST MELBOURNE 1-2 Price: 1-2 1 Rent Return: $390,000 - $789,000 3.82% - 5.10% Additional Downloads & Documents - Click on link 8 View All - Site/Floor Plans, Documents & Photos 4 Rental Appraisals 4 Special Conditions 4 Photos (general) 4 Star Report 1 of 17 Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date. THE WALLACE 35 Dryburgh St, West Melbourne, VIC

Transcript of Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town...

Page 1: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Property inspection

Tenant search

We alone protect buyers

ExclusiveTIC benefitsfor investors

Tenant search

We alone protect buyers

ExclusiveTIC benefitsfor investors

Rental support

Property inspection

Tenant search

We alone protect buyers

ExclusiveTIC benefitsfor investors

Guidance on investment tax benefits

Correct loan structure guidance

Personal wealth creation plan

Cash flow report

Rental support

Property inspection

Tenant search

Property search

ExclusiveTIC benefitsfor investors

Estimated completion date: July 2016 - November 2016

Contact Property Mentor

Enterprise Law - Steve Brkic

New

27/02/17

Brett Pearce

› Date Listed

› Property Type

› Club Solicitor

› Inspections

› Researcher

Full stamp Duty paid as well as large price reductions. Now complete.The Wallace consists of 60 units across 6 levels and incorporates a mix of 1bed/1bath, 2bed/1bath and 2bed/2bath units. Listed units include secure carapace and storage cage. Units feature air-con; SS appliances; blinds, timber floors for lounge/kitchen; carpet to bedrooms; stunning roof terrace and private concierge for tenants. Walk to train station. Close to CBD.

Licence: via its listing agent Kai Thompson Kapusta (Real Estate Agent License No. 077103L)

Melbourne CBD - 2.6km

Harbour Town Shopping Centre - 1.5kmBourke St Mall - 2.8kmHighpoint Shopping Centre - 7.3km

› Location

› Shopping

7-Eleven North Melbourne - 0.9kmNorth Melbourne Supa IGA - 1.1kmQueen Victoria Markets - 1.6km

› Retail

Simonds Catholic College - 1.3kmNorth Melbourne Primary School - 1.6kmThe University High School - 2.4km

› Schools

Apartment, New

› Property

WEST MELBOURNE

1-2Price: 1-2 1Rent Return:$390,000 - $789,000 3.82% - 5.10%

Additional Downloads & Documents - Click on link

8 View All - Site/Floor Plans, Documents & Photos

4 Rental Appraisals 4 Special Conditions

4 Photos (general) 4 Star Report

1 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

THE WALLACE 35 Dryburgh St, West Melbourne, VIC

Page 2: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

THE W

ALLA

CE 35 Dryburgh St, W

est Melbourne, VIC

Contracts

When contracts are received please check it against the inclusions / schedule of finishes in the profile and if there are any discrepancies please contact the Researcher prior to signing for clarification.

Property Description

Distance from CBD Melbourne CBD - 2.6km

Nearest major shopping Harbour Town Shopping Centre - 1.5kmBourke St Mall - 2.8kmHighpoint Shopping Centre - 7.3km

Nearest retail facilities 7-Eleven North Melbourne - 0.9kmNorth Melbourne Supa IGA - 1.1kmQueen Victoria Markets - 1.6km

Nearest high school Simonds Catholic College - 1.3kmNorth Melbourne Primary School - 1.6kmThe University High School - 2.4km

Dwellings in development 60

Roof cladding Colorbond

Internal features Mix of 1bed/1bath, 2bed/1bath and 2bed/2bth units across 6 levels. Listed units include secure carspace and storage cage. Units feature air-con; SS appliances; blinds, timber floors to lounge/kitchen; carpet to bedrooms.

Development features Now Complete and registered. Stunning roof terrace and private concierge for tenants. Walk to train station. Close to CBD.

Council rate per annum approx $1500 incl water

Body Corp per annum approx $3100 - $4100, depending on which level.

For more detailed information, please refer to Body Corporate Disclosure Statement attached to Contract of Sale.

When built or completion date 2016. Complete and Registered.

2 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 3: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Finance

Last 3 remaining units.

Large price drops of $79k to $125k.

5% Deposit.

Deposit to be paid within 14 days of finance approval.

Full stamp Duty paid by the Developer.

A12mnth rent guarantee at 5% from settlement with acceptance of utelising On site Manager.

1st years Owner Corp Paid by developer.

Blinds to sliding windows and doors.

Clause 4.1 has been removed in full, with parts of 4.2 remain. Seeing these are finished and registered, this clause does not come into play

REFUSE TENANTIf the landlord refuses to accept a tenant who has been approved in accordance with the normal principles of vetting a prospective tenant that is used by Best Property 4 U, then the guarantee will become void and the Guarantors obligations are at an end.

.

3 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 4: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Characteristics

Number Listing Price Rent Rent Return

Listing Date

Characteristics Listing ID

1.01 $435,000SOLD $360 - $380 4.30% - 4.54%

27/02/2017 East facing 1bed/1bath unit with secure car space and storage cage. with blinds, SS appliances. Aircon to lounge/dining, timber floors, carpet to bedrooms. Stone benchtops. Close to CBD, walk to train. Rooftop terrace and private concierge.

74662

5.05 $537,500SOLD $470 - $500 4.54% - 4.83%

10/12/2015 West facing 2bed/1bath unit with secure car space and storage cage. with blinds and dryer, SS appliances. Aircon to lounge/dining, timber floors, carpet to bedrooms. Stone benchtops. Close to CBD, walk to train. Rooftop terrace and private concierge.

71152

2.05 $560,000SOLD $490 - $510 4.55% - 4.73%

27/02/2017 West facing 2bed/1bath unit with secure car space and storage cage. with blinds, SS appliances. Aircon to lounge/dining, timber floors, carpet to bedrooms. Stone benchtops. Close to CBD, walk to train. Rooftop terrace and private concierge.

74661

4.06 $620,000 $540 - $560 4.52% - 4.69%

06/02/2017 West facing 2bed/1bath+WC, 2 level unit with secure car space and storage cage. with blinds, SS appliances. Aircon to lounge/dining, timber floors, carpet to bedrooms. Stone benchtops. Close to CBD, walk to train. Rooftop terrace and private concierge.

74431

4.09 $620,000 $540 - $560 4.52% - 4.69%

06/02/2017 West facing 2bed/2bath, 2 level unit with secure car space and storage cage. with blinds, SS appliances. Aircon to lounge/dining, timber floors, carpet to bedrooms. Stone benchtops. Close to CBD, walk to train. Rooftop terrace and private concierge.

74433

6.03 $730,000 $590 - $620 4.20% - 4.41%

06/02/2017 East facing 2bed/2bath, 2 level top floor unit with good sized terrace, secure car space and storage cage. with blinds, SS appliances. Aircon to lounge/dining, timber floors, carpet to bedrooms. Stone benchtops. Close to CBD, walk to train. Rooftop terrace and private concierge.

74436

6.02 $789,000SOLD $580 - $600 3.82% - 3.95%

06/02/2017 East facing 2bed/2bath, 2 level top floor unit with secure car space and storage cage. with blinds, SS appliances. Aircon to lounge/dining, timber floors, carpet to bedrooms. Stone benchtops. Close to CBD, walk to train. Rooftop terrace and private concierge.

74435

THE W

ALLA

CE 35 Dryburgh St, W

est Melbourne, VIC

4 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

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Sizes

Number Floor Level Design First Floor Second Floor Balcony / Courtyard Garage Area Total Area1.01 1 49.7m2 3.2m2 14m2 66.9m2

5.05 5 55.1m2 6.5m2 14m2 75.6m2

2.05 2 58.1m2 3.5m2 14m2 75.6m2

4.06 4 and 5 35.4m2 35.4m2 8.3m2 14m2 93.1m2

4.09 4 and 5 35.4m2 35.4m2 8.3m2 14m2 93.1m2

6.03 6 and 7 47m2 35.1m2 23.5m2 14m2 119.6m2

6.02 6 and 7 47m2 32.5m2 5.5m2 14m2 99m2

Construction AppraisalUnit 1.01 is a 1 bedroom, 1 bathroom unit.

Units 4.06, 4.09 and 6.03 are all 2 level - 2 bedroom, units.

Units 4.06, 4.09 are 2 bedroom, 1 bathroom + powder room units.

Unit 6.03 is a 2 level - 2 bedroom, 2 bathroom units and are named as Sky Loft apartments as these are the top floor properties.

The Wallace’ is a six level development of 60 apartments in West Melbourne approximately 2km north west of Melbourne’s Central Business District. It will be an example of skilled design, efficient use of internal space and quality interiors. They feature beautifully designed residences with one and two bedrooms and are further complemented by a secure basement car space for each unit.

The carspace is a car stacker function. German engineered, electronic system with multiple bays for very easy to use parking.

The interior spaces feature well thought out floorplans, giving flexibility and great open areas as well as sought after balcony space. Too often, high density living consists of faceless towers stretching skywards but at ‘The Wallace’, the lifestyle is maintained with its timeless facade and clever use of skilled design elements.

This development is built on reinforced concrete slab and footings, with suspended concrete ceilings and floors. The development is to be built of core filled block work. External walls will be constructed of rendered masonry with fire and acoustically rated party walls. The internal walls will consist of plasterboard with a painted finish throughout. Windows are powder coated aluminium. This development will be serviced by a lift to all levels including the 4 undercover car park levels. Carpark levels include storage cages and bicycle storage.

Common areas include a ground floor entrance foyer with security intercom; tiled floor; toilets, windows and wall panelling; lift; toilets and stairways. The ground floor also includes one commercial space.

Kitchens will be superbly appointed with stone benchtops, tiled splashback with plenty of above cupboard space. Quality European stainless steel appliances being cooktop, oven, rangehood and dishwasher will be provided. Kitchen joinery will be of a white 2 PAC finish. All living and dining areas have timber flooring. Wet areas will be fully tiled with a selection of porcelain tiles.

Bathrooms will include frameless fixed glass panels for shower screens as well as chrome plated tap ware and fittings and stone benchtop. Laundry will include a dryer for Property Club members.

5 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 6: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Bedrooms will have white gloss finish wardrobe sliding doors with shelves and hanging rails. The 2 bedroom apartments will have an ensuite off the master bedroom. Carpet will be found in all bedrooms.

The unique difference with this development is that it includes a stunning rooftop terrace with dining areas and BBQ facilities.

A dedicated Services Manager is also included and acts as a private concierge, an onsite point of contact to provide 24/7 security, maintenance and service assistance that makesliving ever so easy at The Wallace.

Cable TV, free-to- air TV, data internet wall points and telephone points will be provided to selected areas. Wall mounted reverse cycle split system cooling and heating units will be installed in the main living area with the condenser located on the balcony.

There will be 1 retail/commercial space as part of this development and these spaces will be included in the same Owners Corporate Scheme.

ABOUT THE DEVELOPER – ALPHA14 PROPERTY GROUP

Alpha14 is a Melbourne based, privately owned Property Development Company specializing in the development of boutique residential apartments within Melbourne's most sought after suburbs and inner city locations.

With a management team boasting more than 50 years collective industry experience and a cohesive relationship with select builders and consultants, the delivery of outstanding projects within short timeframes is a testament to this highly driven team and the company's fast growing success.

Working exclusively with premium suppliers known for their quality craftsmanship and attention to detail, Alpha14 prioritises clean finishes and high-end results. Each development location is strategically sourced, boasting strong potential for solid investment.

Previous developments include:

* 33NORTH – 33 Racecourse Road, North Melbourne – 82 apartments – 12 Property Club Buyers* PRIME TOWER, 47 Claremont Street, South Yarra – 59 apartments* B-BRUNSWICK, 10 – 14 Hope Street, Brunswick – 64 apartments* FAIRFIELD ON THE PARK, 262 Heidelberg Rd, Fairfield – 64 apartments* ALPHINGTON ON THE RIVER, 1 – 3 Rex Avenue, Alphington – 14 apartments

Future projects are already in the pipeline for West and South Melbourne.

ABOUT THE BUILDER – IMAGEBUILD GROUP PTY LTD

Imagebuild Group has been trading since 2010, completing a variety of projects ahead of time and under budget. They specialise in high-density residential developments within two and seven kilometres from Melbourne’s CBD.

THE W

ALLA

CE 35 Dryburgh St, W

est Melbourne, VIC

6 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 7: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Imagebuild Group currently use several state of the art technologies such as bathroom and kitchen PODs. Imagebuild Group is always looking to push the boundaries with innovative construction methods. These methods help eliminate wastage, are efficient and cost effective. Furthermore having our own structure crew makes us have a more competitive edge over most builders in Melbourne.

Our people strive for constant improvement in all areas of our business. The culture we have set empowers and motivates individuals to deliver innovative and customer driven solutions.

Previous developments include:

* 33NORTH – 33 Racecourse Road, North Melbourne* B-BRUNSWICK, 10 – 14 Hope Street, Brunswick* FAIRFIELD ON THE PARK, 262 Heidelberg Rd, Fairfield* ALPHINGTON ON THE RIVER, 1 – 3 Rex Avenue, Alphington* 123 ACLAND APARTMENTS, 123 Acland Street, St Kilda

Location AppraisalPlease view this property location on Google Earth before submitting an Expression Of Interest.

https://www.google.com.au/maps/place/35+Dryburgh+St,+West+Melbourne+VIC+3003/@-37.8062871,144.9388319,16.69z/data=!4m2!3m1!1s0x6ad65d409b294951:0xa3aa7f2da1bd3ea4

West Melbourne is a suburb of Melbourne, Australia, 3 km north-west of Melbourne's Central Business District. Its local government area is the City of Melbourne. At the 2011 census, West Melbourne had a population of 3,744.

West Melbourne is bounded by Victoria Street and the Sunbury/Werribee railway lines in the north, Footscray Road, the Moonee Ponds Creek and the Yarra River in the south. Peel Street and the Flagstaff Gardens help form the eastern boundary, with the western boundary defined by the Maribyrnong River and Coode Island, a locality of West Melbourne.

Being largely an industrial area, a significant portion of West Melbourne is occupied by the Port of Melbourne and the Dynon Railway Yards. It also contains a small pocket of residential and commercial properties, consisting of a mixture of Victorian single and double storey terrace houses and converted warehouses at the north-west corner of the Melbourne CBD. It is also adjacent to the Queen Victoria Market, located on corner of Victoria and Peel Streets.

The area bounded by Railway Parade and Spencer Street has undergone significant change since 2000. While the region has always been mixed industry and residential, the industrial flavour of the area has diminished rapidly, as West Melbourne's population increases. In Dryburgh, Laurens, Ireland, Stanley and Adderley Streets, the majority of the warehouses have been converted to townhouse developments. The development nearby of the Docklands has had a significant impact on the perceived prestige of the area, and it is rapidly losing its status as one of the most affordable precincts with such proximity to the CBD.

West Melbourne lays claim to the southern side of Victoria Street, meaning that a small range of restaurants and shops lie within its boundaries. Otherwise it has no shopping area of its own. However, the Direct Factory Outlet development on Spencer Street in the CBD, and Errol Street, North Melbourne are just outside the boundary of West Melbourne.

WEST MELBOURNE PARK EXPANSIONExtending the green spaces available to residents, the City of Melbourne proposes to introduce additional parkland, mature tree plantings and expanded open spaces right on thedoorstep of The Wallace. The project will maximize recreational spaces in the area, adding pedestrian and cycle paths and introducing extra parking for local residents and businesses.Environmental incentives will include increased tree canopies, informal sports areas, outdoor seating and storm water collection to sustain the new

7 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

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landscapes that will enhancethe liveability of the neighbourhood.

Connecting Docklands to West Melbourne; E-GATE PRECINCTA game changing project that will complete West Melbourne’s transformation into a world leading destination. Set to repurpose West Melbourne’s rail yards into a thriving mixed-use precinct, the E-gate Proposal will be a $3-4billion investment to convert 22 hectares into a modern residential, commerce and recreational destination. A series of connected landscaped parks and public spaces will connect West Melbourne and Docklands residents while also linking to key northern precincts including Queen Victoria Market and Victoria Street zones. It’s anticipated that the E-Gate urban renewal project will bring another 10,000 residents into theprecinct, boosting economical activity, also resulting in high capital growth for owners at The Wallace.

Coode Island is a locality in West Melbourne's industrial zone. It is unusual in that although it is a locality of West Melbourne, with the creation of Melbourne Docklands and the Bolte Bridge, the area has become completely disconnected from the main area of the suburb.

Located right on the north-west of the city, West Melbourne isn’t a cosy residential hub by any means – it’s more of a city fringe enclave that segues into the semi-industrial sprawl of rail lines and shipping containers that meets up with Footscray – but it does have all the city charms literally on its doorstep.

West Melbourne is well-suited for those looking for a more independent lifestyle without the need for family-friendly amenities, so the majority of West Melbourne residents tend to be single or couples with no children, but you will find a few families raising their kids here too.

West Melbourne has the advantage of a little bit more elbow room when it comes to city fringe living. Flagstaff Gardens provide relaxing green space and nearby Victoria Market means fresh produce is always close to hand. The waterfront at Docklands is an easy saunter for restaurants and events, while North Melbourne’s Errol Street is your closest set of neighbourhood strip shops, with cute cafes and a couple of small supermarkets.

Being right on the edge of town means you can use any city transport – North Melbourne and Flagstaff train stations are close by, as are trams and buses, but you’ll probably find yourself walking to most amenities.

When it comes to houses in West Melbourne, you’ll see a small portion of pretty Victorian terraces, both single- and double-storey, in sections of Victoria Street and the cross-streets towards North Melbourne.

More commonly now, you’ll see new apartment complexes and, in a nod to its industrial heritage, also a lot of warehouses that have been converted into snappy city pads.

If you want to live close – but not that close - to the action, West Melbourne is worth exploring. This semi-industrial enclave, with its trend for new apartment complexes, is well-located for the CBD and the neighbourhood charms of North Melbourne, and makes the rest of the West – Footscray, the Maribyrnong River – a breeze to get to.

8 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 9: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Comparison Appraisal Growth Appraisal15/14 Lancashire Lane North Melbourne.2bed, 1bth, 1car - unit with bedroom loft.Sold 08/16 - $650,000.Built in 1993.Slightly larger as a loft apartment.Wood floors, nice finishes.Comparable location, slightly larger.Considered inferior finishes and amenities.

28/60 Oshanassy Street North Melbourne.2bed, 1bth, 1car - unit.Sold 08/16 - $575,000.Built in 2004.Comparable size.Comparable location,Inferior finishes and amenities.

6/166 Stanley Street West Melbourne.2bed, 2bth, 1car - 2 level unit.Sold 11/16 - $670,000.Built in 2004.Comparable size.Comparable location,Inferior finishes and amenities.

3/20 Mansion House Lane West Melbourne.2bed, 2bth, 1car - Unit.Sold 11/16 - $850,000.2 level unit.Nice wood floors.Quiet location. warehouse conversion in historical building.Comparable location. No views though.Inferior finishes and amenities.

22D/312-328 Dryburgh Street North Melbourne2bed, 2bth, 1car - Unit.Sold 12/16 - $880,000.3 level unit.Built circa, 2001.Original condition.Quiet location.Comparable location. No views though.Inferior finishes and amenities.Inferior external appeal.

28/60 Oshanassy Street North Melbourne.2bed, 1bth, 1car - unit.Sold 07/14 - $520,505. Level 3 unit.Re Sold 08/16 - $575,000.Built in 2004.Comparable size.Comparable location,Inferior finishes and amenities.

3/20 Mansion House Lane West Melbourne.2bed, 2bth, 1car - Unit.Sold 03/05 - $393,000.Re Sold 11/16 - $850,000.2 level unit.Nice wood floors.Quiet location. warehouse conversion in historical building.Comparable location. No views though.Inferior finishes and amenities.

32/101 Leveson Street North Melbourne.2bed, 2bth, 1car - Unit.Sold 02/07 - $450,000.Re Sold 10/16 - $670,000.Original Condition.Quiet location. Comparable location. No views though.Inferior finishes and amenities.

6/43 Rosslyn Street West Melbourne, VIC, 3003Sold 02/03 - $405,000.Re Sold 04/15 - $645,000.Older building built in 2005.Smaller unit development.Considered inferior fixtures and fittings.No rooftop terrace or concierge.Comparable locationInvestor.

9 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 10: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Rental Comparison6/18 Ireland Street West MelbourneLarger 2bed, 1bath, 1car. Larger terrace also.Inferior inclusions.No rooftop terrace or concierge.Rents for $550pw.

109/35 Dryburgh St, West Melbourne.Within listed development.2bed, 1bth, 1car.Rents for $500pw.

12/49 Stawell Street West MelbourneVery close by.2bed, 2bth, 1car.Slightly larger than the 1 level 2 bed units.No rooftop amenities.Enclosed balcony.Rents for $550pw.

6/55 Stawell Street North Melbourne.Very close by.2bed, 2bth, 1car.Multi level unit.Comparable in size to listed multi level in.No rooftop amenities.Enclosed balcony.Rents for $590pw.

6/166 Stanley Street West MelbourneClose by.2bed, 2bth, 1car.Multi level unit.Comparable in size to listed multi level in.No rooftop amenities.Enclosed balcony.Rents for $600pw.

Local FacilitiesEDUCATION

- Childcare* Curzon Street Children’s Centre – 0.7km* Lady Huntingfield Children’s Centre – 1.0km* Bright Sun Family Day Care – 1.3km* St Mary's Kindergarten – 1.4km

-Primary* North Melbourne Primary School – 1.6km

10 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

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* St Michael’s Catholic Primary School – 2.1km* Kensington Primary School – 2.5km

- Secondary* Simonds Catholic College – 1.3km* St Aloysius College – 2.1km* The University High School – 2.4km

- Tertiary* The University of Melbourne – 2.0km* RMIT University Melbourne Campus – 2.9km* Victoria University Footscray Nicholson Campus – 4.4km* Victoria University Footscray Park Campus – 4.8km

HEALTHCARE

* Errol Street Medical Centre – 0.9km* Melbourne North Medical Clinic – 1.8km* The Royal Melbourne Hospital – 1.8km* The Royal Children’s Hospital – 2.0km* Melbourne Private Hospital – 2.1km* The Royal Victorian Eye & Ear Hospital – 3.4km

SHOPPING

* North Melbourne Supa IGA – 1.1km* Harbour Town Shopping Centre – 1.5km* Queen Victoria Market – 1.6km* Coles Supermarket & Southern Cross Station – 2.0km* Costco – 2.2km* Bourke Street Mall – 2.8km (CBD Shopping)* Highpoint Shopping Centre – 7.3km (Big W, David Jones, Harris Scarfe, Target, Myer, Woolworths, 500+ specialities) (3rd largest shopping centre in Australia)

TRANSPORT

-RAIL* North Melbourne Railway Station – 0.2km

-TRAM* Victoria St Tram Stop – 0.7km

-ROAD* Citilink Toll Road – 0.9km

-CYCLE PATHS11 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such

property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 12: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Capital City Trail – 0.8km* 29km path that circles the Melbourne city centre and some inner eastern and northern suburbs of Melbourne

FACILITIES/RECREATION

* North Melbourne Football Club – 0.9km* North Melbourne Recreation Centre – 0.9km* Melbourne Tigers Basketball Club – 0.9km* Arts House North Melbourne Town Hall – 1.0km* Flagstaff Gardens – 1.6km* City of Melbourne Bowls Club – 1.6km* Queen Victoria Market – 1.6km* Etihad Stadium – 1.7km* Melbourne University Rugby Football Club – 3.2km* State Netball/Hockey Centre – 3.4km* Melbourne Zoo – 3.6km* Royal Park Golf Club – 3.7km* Flemington Racecourse – 4.3km* Melbourne Showgrounds – 4.8km* Melbourne Cricket Ground – 4.9km* Riverside Golf & Tennis Centre – 6.5km

Schedule of FinishesSometimes a builder changes inclusions in a contract and does not inform the researcher. Members must check their contract to see if there are changes to the list of inclusions below.

Contact your SM if you have any concerns about the inclusions written on your contract and your SM will liaise with the researcher.

Please do this before you sign the contract. Once the contract is signed you will be accepting the inclusions list as it is written in that contract.

KITCHEN

Floor - Timber floor boards - Grey whitewashBench top - Stone - WhiteJoinery - 2 PAC finish - WhiteSplash back - Tiles - SilverstoneCooktop - European appliance - GlassDishwasher - European appliance - Stainless steelOven - European appliance - Stainless steelRangehood - European appliance - Stainless steelSink – Under-mount - Stainless steelTapware - Mixer - ChromeLighting - Pendant - Glass (Pendant lighting above island bench only)

LIVING ROOM

Walls - Matte finish - White

12 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 13: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Skirtings, doors & architraves - Semi gloss - WhiteCeilings - Matte/flat paint finish - WhiteStudy Desk - 2 PAC satin finish - WhiteFloor - Timber floor boards - Grey whitewash

BEDROOM

Floor - Carpet - GreyRobe front - Mirror finish - WhiteWalls - Matte finish - WhiteSkirtings, doors & architraves - Semi gloss - WhiteCeilings - Matte/flat finish - White

BATHROOM

Wall Tile - Porcelain - Cream latteFloor tile - Porcelain - Cream latteBasin - Modern rectangular - Ceramic whiteVanity benchtop - Stone - WhiteVanity joinery - 2 PAC finish - WhiteVanity tap ware - Mixer - ChromeToilet - Ceramic & cistern - WhiteShower screens - Frameless - GlassShower mixer - Mixer with rose and hand piece - ChromeAccessories - Towel rail, toilet holder & hand towel - Chrome

LAUNDRY

Tapware - Mixer - ChromeSink - Laundry through - Stainless steel

BALCONY

Balcony Tile - Porcelain - Cream latte

BUILDING SERVICES

Air conditioning/ heating - Wall mounted reverse cycle split system to living area (condenser located on balcony)Hot water - Gas hot water systemLighting - LED down lightsSecurity/access - Audio intercom system with security access to the buildingPower points - Selected power point to all roomsCommunication/IT TV outlets - Selected power point, free to air, provision installed for future NBN & pay TVDoors (external) - Solid doorsDoors (internal) - Semi glossDoor hardware - Selected chrome lever handle

13 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 14: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Building and Pest InspectionN/A

Other

Artist Impression - Lounge North Melbourne Train Station - 200m

14 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 15: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Artist Impression - Bedroom

Foyer

THE W

ALLA

CE 35 Dryburgh St, W

est Melbourne, VIC

15 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 16: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

16 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price:

Page 17: Price: $390,000 - $789,000 Rent Return: 3.82% - 5.10% 1-2 ... · Melbourne CBD - 2.6km Harbour Town Shopping Centre - 1.5km Bourke St Mall - 2.8km Highpoint Shopping Centre - 7.3km

Location Maps

THE W

ALLA

CE 35 Dryburgh St, W

est Melbourne, VIC

17 of 17Legal Notice: We have taken significant care to bring together this information from the vendor and reliable third parties. If you are interested in this property you need to assure yourself that buying such property will meet your investment needs and that the information presented is both accurate and up to date.

1-2 1-2 1$390,000 - $789,000 Rent Return: 3.82% - 5.10%Price: