End of Financial Year Report 299 Spring St, Melbourne: 2013-2014: Prepared by Dionne Wilson & Esmè Gordon

 

Common-Buyer-Profiles10Common Buyer Profiles

First-Home-Owners-Grant5

First Home Owners Information

Foreign-Investment-Review-Board6

Foreign Investment Review Board

Stamp-Duty-Calculator5Stamp Duty Calculator

Whats-my-property-worth5

What’s my property worth?
INTRODUCTION

[youtube=https://www.youtube.com/watch?v=0EebFSGQW6Y&w=560&h=315&rel=0]

Agent Comment:

“Continuing to be one of the more tightly held blocks on Spring st The Focals sales were slow but steady again this year. Increasing interest in buildings of this age are likely to see an opportunity for growth in values for owners wanting to tap into the lucrative renovators market, who currently are paying above the odds for original condition apartments where they can add value.”

Sales Statistics
299 Spring Street, meloburne 2014

Previous Reports:

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

Building Facilities:

Indoor Heated Pool, Full size Tennis Court, Communal herb garden, Gym
Building Name: The Focal

Year Built:

 1996

Owners Corporation:

MICM Property – Spring Street Office
299 Spring Street, Melbourne
Ph: (613) 8256 7300
Email: leasing@micm.com.au

Building Manager:

No. In Block:

 9 levels
Council: City of Melbourne
Zoning: Capital City Zone Schedule 1 http://tinyurl.com/23clumr
REPORTED SALES – Financial Year 2013-2014 BED BATH Offstreet Price Date
316/299 Spring Street 2 1 1 552,000 17/10/2013
171/299 Spring Street 2 2 1 698,000 21/05/2014
REPORTED RENTALS – Financial Year 2013-2014 BED BATH Offstreet Rent (pw) Date
347/299 Spring Street 2 1 1 555 05/05/2014
345/299 Spring Street 2 1 1 550 24/01/2014
333/299 Spring Street 3 2 1 705 21/01/2014
307/299 Spring Street 2 1 1 511 19/12/2013
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.