End of Financial Year Report Franklin Lofts / 87 Franklin Street, Melbourne, VIC Report for 2008 – 2009

 

Common-Buyer-Profiles10Common Buyer Profiles

First-Home-Owners-Grant5First Home Owners Information

Foreign-Investment-Review-Board6Foreign Investment Review Board

Stamp-Duty-Calculator5Stamp Duty Calculator

Whats-my-property-worth5What’s my property worth?

INTRODUCTION 

The $60m “Franklin Lofts” offers 189 two story New York Style apartments over 31 floors in the Heart of Melbourne’s northern CBD entrance.Near-by Construction Underway: 19-37 Abeckett St – High residential tower, reaching up to 32 floors, predicted to be finished in mid 2010. It is going to attract mainly international students, who are coming to study in Melbourne.

Forecast for the 09-10 Financial Year: We envisage that continuing first home owner interest and buying power will keep the market buoyant in Melbourne for the remainder of 2009. Dependant on bank interest rates, we could experience a leveling of the market in 2010 in the pre $500,000 range. Investors could well make a comeback in 2010 once first home owners lose their puff and buying power.

franklin lofts 87

Agent Comment:

“…..”

Sales Statistics

 

Future Reports:

2010 Financial Report
BUILDING DETAILS & PARTICULARS

Building Facilities:

Gym, pool and sauna
Building Name: Franklin Lofts

Year Built:

2001

Owners Corporation:

OCV Management Pty Ltd- 9417 9600
– accounts@ocvmanagement.com.au

Building Manager:

Chris- 0424 225 773
– admin@strataprime.com.au

No. In Block:

189
Council: City of Melbourne
Zoning: Capital City Zone Schedule 2 http://tinyurl.com/23clumr
REPORTED SALES – Financial Year 2008 – 2009 BED BATH Offstreet Price
1101 2 1 0 428
405 1 1 1 355
906 1 1 0 310
REPORTED RENTALS – Financial Year 2008 – 2009 BED BATH Offstreet Rent (pw)
1106 1 1 0 430
410 1 1 1 410
2109 2 1 1 530
2109 3 2 2 900
912 1 1 1 380
1903 2 1 1 485
1302 2 1 0 485
2306 1 1 0 360
2506 1 1 0 365
1906 1 1 0 400
707 1 1 0 350
2514 2 1 0 500
1904 1 1 0 440

 

Contact

 

Stuart Kennett – Harcourts City ResidentialPh: 03 9664 8100

Mob: 0497 966 989

E: stuart.kennett@harcourts.com.au

Web: www.cityresidential.harcourts.com.au

 

MHC_7704_72dpi_HS_web

 

 

**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.

4 thoughts on “End of Financial Year Report Franklin Lofts / 87 Franklin Street, Melbourne, VIC Report for 2008 – 2009

    1. Hi There,

      Thanks for your feedback it is much appreciated.

      We are very glad that you enjoy the content. If there is any content that you would like us to cover please let us know.

      The Team at Harcourts City Residential.

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