A) Established tenants in tail end of lease - therefore renegotiate and secure long-term.
B) Value add via immediate refurbishment and improve annual income.
C) Capitalise on underlying zoning and develop to full potential.
Land area: 1692 m2, with a principal frontage of 35m.
Gross building area: 2469 m2.
Net annual Income: $195,787 currently. $315,287 estimated fully let basis.
Zoned/DDO : Capital City Zone 1. DDO30, permitting up to 30m/8 levels (STCA).
Selling via Expression of interest, Concluding Friday 18th December 3:30 p.m, AEDT.
Remember to mention you found this property on DevelopmentReady
A) Established tenants in tail end of lease - therefore renegotiate and secure long-term.
B) Value add via immediate refurbishment and improve annual income.
C) Capitalise on underlying zoning and develop to full potential.
Land area: 1692 m2, with a principal frontage of 35m.
Gross building area: 2469 m2.
Net annual Income: $195,787 currently. $315,287 estimated fully let basis.
Zoned/DDO : Capital City Zone 1. DDO30, permitting up to 30m/8 levels (STCA).
Selling via Expression of interest, Concluding Friday 18th December 3:30 p.m, AEDT.
Remember to mention you found this property on DevelopmentReady
170-180 Buckhurst Street, South Melbourne VIC, 3205
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis