End of Financial Year Report “The Hero” / 118 Russell Street, Melbourne Report for 2010 – 2011 , Prepared by Bob Budd & Esmè Gordon

 

Common-Buyer-Profiles10

Common Buyer Profiles

First-Home-Owners-Grant5

First Home Owners Information

Foreign-Investment-Review-Board6

Foreign Investment Review Board

Stamp-Duty-Calculator5

Stamp Duty Calculator

Whats-my-property-worth5

What’s my property worth?

 

Agent Comment:

“Located in the Paris End of Melbourne CBD, “Hero” building (118 Russell Street) has been treasured by both its owner occupiers and tenants.  Central to all the amenities Melbourne city has to offer, coupled with rich history and modern architectural design, 118 Russell has truly been a Hero in the city residential market.”

Future Reports:

Financial Report 2012 Financial Report 2013 Financial Report 2014

BUILDING DETAILS & PARTICULARS

Building Facilities:

N/A
Building Name: The Hero

Year Built:

1948 – Refurbished 1999

Owners Corporation:

Gough Partners – Level 1/261 High Street, ASHBURTON   VIC   3147 – 1300 046 844

Building Manager:

Dan Hanily – 0417 124 519

No. In Block:

149 Apartments
Council: City of Melbourne
Zoning: Capital City Zone Schedule 1 http://tinyurl.com/23clumr

Reported Sales: Financial Year 2010-2011

Month Apartment Beds Size m2 Price
Apr 2011 406 2 62m2 $345,000
Apr 2011 1303 3 175m2 $1,380,000
Apr 2011 1302 3 131m2 $1,310,000
Apr 2011 1210 1 56m2 $400,000
Apr 2011 1301 3 164m2 $1,400,000
Mar 2011 1004 2 91m2 $675,000
Mar 2011 713 2 71m2 $455,000
Aug 2010 511 1 55m2 $355,000
Aug 2010 303 2 92m2 $570,000
Jul 2010 805 2 60m2 $480,000
Jul 2010 208 1 TBC $379,000

Reported Rentals: Financial Year 2010-2011

Month Apartment Bedrooms Rent P/Week
Nov 2011 1403 2 $1000.00
Nov 2011 1011 1 $420.00
Sep 2011 809A 1 $600.00
Sep 2011 202 2 $850.00
Sep 2011 204 1 $420.00
Aug 2011 507 2 $550.00
Aug 2011 802 1 $765.00
Jul 2011 413 1 $600.00
May 2011 803 1 $600.00
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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