End of Financial Year Report 2009-2010: Port Authority Building: 29-31 Market Street, Melbourne

 

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Building Comment:

Although only a small number of transactions occurred within the Port Authority walls over the past financial year, all owners continued to experience exceptional capital growth on their properties.

The lucky new owners who were able to purchase into the building this financial year are now joining other happy property owners who are able to boast of their sound investments and their fabulous addresses.

I am honoured and privileged in being able to work with the lovely vendors within the building in assisting them with the sales of their properties and look forward to continuing to do this throughout the present financial year.

 

‘Melbourne’ Apartment Sales Statistics

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‘Port Authority’ Sales Statistics

 Future Reports: Financial Report 2011                   Financial Report 2012
BUILDING DETAILS & PARTICULARS

Building Facilities:

N/A
Building Name: Port Authority Building

Year Built:

1929 converted to residential 1999-2000

Owners Corporation:

LR Reed
Level 1, 405 Collins St
Melbourne, 3000

Building Manager:

Don & Marie  Ph: 0410 640 317

No. In Block:

105 Apartments over 11 floors
Council: City of Melbourne
Zoning: Capital City Zone Schedule 1 http://tinyurl.com/23clumr

Reported Sales Financial Year 2009-2010

Month Apartment Beds Size m2 Car Price
Jun. 2010 206 1 46m2 $361,500
May. 2010 505 2 81m2 $680,000
May. 2010 1003 109m2 $800,00
Mar. 2010 806 1 49m2 $345,000
Nov. 2009 506 64m2 $435,000
Aug. 2009 409 62m2 $405,000
Aug. 2009 706 1 49m2 $330,000
Aug. 2009 208 1 47m2 $325,000

 

Reported Rentals

Month Apartment Bedrooms Size m2 Car Rent P/Week
Jun. 2010 1003 109m2 $650
May. 2010 309 62m2 $350
Apr. 2010 1001 112m2 $695
Oct. 2009 812 2 85m2 $520

 

Contact

 

Bob Budd – Harcourts City Residential

Ph: 03 9664 8100

Mob: 0411 456 770

E: bob.budd@harcourts.com.au

Web: www.cityresidential.harcourts.com.au

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**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.

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