End of Financial Year Report 555-565 Flinders Street, Melbourne: 2009 – 2010

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?

Building Facilities:

secure intercom, secure lift access and a building manager.
Building Name: Northbank

Year Built:

Owners Corporation:

MICM –
Level 1, 178 City Road, Southbank VIC 3006
PH: 9697 8888

Building Manager:

Rafael – 9614 0939

No. In Block:

Central Tower – 196
West Tower – 188
Council: City of Melbourne
Zoning: Capital City Zone Schedule 1 http://tinyurl.com/23clumr

 

 

 

 

 

 

 

 

 

 

 

Building Comment:

Northbank Place has been developed on the site of the former Melbourne Fish Market which was demolished in the 1950’s. This valuable site was then used as a car park and a lock up yard for impounded vehicles until its extensive transformation.

The three towers that now reside on the site which cost approximately $200 Million, all have retail shops on the ground level. The east tower is an office tower consisting of 10 stories. Due to the overwhelming success of pre sales of the Central tower which contains 196 apartments over 15 stories they decided that the West tower which was originally meant to be offices was to be residential tower consisting of 188 apartments over 17 stories including a one 3 bedroom penthouse.

Attractions Near By:

The leafy oasis, Batman Park is a great place for residents and business owners to get away from the hustle and bustle of the city beat. Just behind Northbank Place on the banks of the river.

Observation Decks;

The Rialto observation deck which was opened in 1994 (One of Melbourne’s longest standing attractions) and standing 253 meters tall. www.rialto.com.au

Or you have one of Melbourne’s newest attractions, The Eureka Sky deck, one of the highest viewing platforms in the Southern Hemisphere. Eureka’s greatest attraction is the `Edge` which is a glass cube that extends out 3 meters from the building, leaving you suspended almost 300 meters above the ground. http://www.skydeck.com.au

Being within 100 meters of Crown Casino Complex makes everything so much easier. There are a variety of different stores, bars, restaurant along with Village cinemas and of course the Casino gambling floor. If you want everything in place you have it a stone’s throw away from your apartment. www.crowncasino.com.au/

Melbourne aquarium is the most state of the art aquarium in Australia and it is right next door. A must see is the 360 degree display that houses sharks and stingrays. Not to be missed is the live feeding. Also a must see is the Great Barrier Reef exhibit, the touch pools and the colourful coral tropical creatures. www.melbourneagauarium.com.au

Reported Sales Financial Year 2009-2010

Month Apartment Beds Bath Price
May. 2010 1315 1 ? $412,000
April. 2010 903 1 ? $300,000
Mar. 2010 1219 1 ? $416,000
July. 2010 1015 2 ? $690,000
Jan.2010 401 2 ? $500,000
July.09 1310 2 1 $565,000
July.09 1320           ? ? $325,000
Augst.09 804C 1 ? $352,000
Sept.09 909 1 ? $337,000
Sept.09 1017C ? 1 $395,000
Dec.09 1308 1 1 $325,000

Reported Rentals

Month Apartment Bedrooms Bathrooms Rent P/Week
May. 2010 707 1 1 $365pw
May.2010 1002 1 1 $350pw
April.2010 1012 1 1 $360pw
April.2010 711 1 1 $400pw
Jan.2010 704 2 1 $420pw
Jan.2010 1203          1 1 $400pw
Oct.09 1207          1 1 $365pw
Augst.09 1204 1 1 $340pw
July.09 1301 1 1 $360pw
July.09 1218 1 1 $340pw
July.09 1304 1 1 $360pw
July.09 923 1 1 $345pw
July.09 1603 1 1 $350pw
July.09 1126 2 2 $600pw

 

Bob Budd – Harcourts City ResidentialPh: 03 9664 8100Mob: 0411 456 770E: bob.budd@harcourts.com.auWeb: www.cityresidential.harcourts.com.au  MHC_0598_Facebook

 

 

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