End Of Financial Year Report – 31 Spring Street, Melbourne 2013-2014

 

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First Home Owners Information

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Foreign Investment Review Board

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What’s my property worth?
INTRODUCTION

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Agent Comment:

“With Construction underway across the road Apartment sales on the north side of the building have tapered away but the building remains highly sought after due to its excellent position. Owners may see a bump in values in the next few years in line with the first resales of 35 Spring st as supply struggles to keep up with demand”

Sales Statistics

 

31 spring st, 2014

 

Previous Reports:

 Financial Report 2009 Financial Report 2010  Financial Report 2011  Financial Report 2012 Financial Report 2013
BUILDING DETAILS & PARTICULARS

Building Facilities:

Rooftop swimming pool with amazing city views, security entrance and under cover secure parking
Building Name: The Philadelphia

Year Built:

 Converted from 12 storey Office block from 1998-2001

Owners Corporation:

BENCORP OCM Pty Ltd
71 Palmerston Crescent
SOUTH MELBOURNE
P O Box 173
SOUTH YARRA   VIC   3141Phone  +61 3 9696 4811Fax       +61 3 9696 4855Email   info@bencorpocm.com.au

Building Manager:

Ph: 0433 195 709philadelphia@focusedfm.com.au

No. In Block:

 110 over 27 levels
Council: City of Melbourne
Zoning: Capital City Zone Schedule 2 http://tinyurl.com/23clumr
REPORTED SALES – Financial Year 2013-2014 BED BATH Offstreet Price Date
1803/31 Spring Street 2 2 1 975,000 31/01/2014
1003/31 Spring Street 2 2 1 801,000 04/12/2013
902/31 Spring Street 2 2 1 695,500 23/11/2013
1902/31 Spring Street 1 1 1 690,000 05/09/2013
2103/31 Spring Street 2 2 1 1,160,000 14/08/2013
1107/31 Spring Street 1 1 0 455,000 14/03/2014
1208/31 Spring Street 1 1 1 480,000 29/01/2014
1206/31 Spring Street 1 1 1 450,000 7/10/2013
1705/31 Spring Street 1 1 1 490,000 12/11/2013
REPORTED RENTALS – Financial Year 2013-2014 BED BATH Offstreet Rent (pw) Date
905/31 Spring Street 2 1 1 522 22/04/2014
705/31 Spring Street 2 1 1 525 25/03/2014
1202/31 Spring Street 2 1 1 570 13/03/2014
606/31 Spring Street 1 1 0 440 07/02/2014
1702/31 Spring Street 1 1 0 550 14/01/2014
1308/31 Spring Street 1 1 0 525 18/11/2013
601/31 Spring Street 2 1 1 682 08/11/2013
1806/31 Spring Street 1 1 1 522 08/11/2013
1005/31 Spring Street 2 1 1 520 22/10/2013
807/31 Spring Street 1 1 0 380 09/10/2013
1902/31 Spring Street 1 1 1 550 22/08/2013

 

Contact

 

James EdmundsonSales Agent – Harcourts City ResidentialPh: 03 9664 8100       Mob: 03 9664 8116E: james.edmundson@harcourts.com.au Web: www.cityresidential.harcourts.com.au

 

 

**Harcourts City Residential has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts City Residential may not have concluded any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible.

Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the accuracy of the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as advice or fact.

If your property is exclusively listed with another agent please disregard this communication.