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Lot Lot 5702 – West End – West Melbourne

  • $1,280,000
SMSF Friendly
West Melbourne, Melbourne, VIC, 3003
SMSF Friendly
West Melbourne, Melbourne, VIC, 3003
  • $1,280,000

Overview

Property ID: LA-530982
  • Apartment
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms

Details

Updated on September 20, 2024 at 9:44 am
  • Property Type: Apartment
  • Price: $1,280,000
  • Gross Per Week: $780
  • Gross Per Annum: $32,240
  • Gross Yield: 3.17%
  • SMSF Deposit: $256,000
  • Capital Growth 12 Months: 9.09%
  • Capital Growth 10 Year Annualised: -0.96%
  • Vacancy Rate: 2.04%
  • Bedrooms: 3
  • Bathrooms: 2
  • Parking:
  • Title Status:
  • Floor Plan: -
  • Investor Type: -
  • Property ID: LA-530982
  • SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

A prominent position in West Melbourne, this gleaming tower of glass and brass is set to become the tallest and most magnificent building in the luxurious West End complex.

An elegant choice of spacious two and three bedroom apartments with vibrant amenity at your door. Open plan living extends seamlessly into a generous balcony terrace where you can take in the optimal views of the Docklands, Flagstaff Gardens and the Melbourne city skyline, whilst exceptionally high ceilings deliver a real sense of space which you can make your own.

Relax and unwind within the Contemplation and Meditation Gardens where you can linger with a good book and enjoy a BBQ with friends or head upstairs to the Podium rooftop to use the world-class spa or swimming pool.

This is a statement of bold elegance inside out and a new benchmark for sophisticated living not to be missed.

Address

Open on Google Maps
  • Address Melbourne, West Melbourne, VIC, 3003
  • City Melbourne
  • State VIC
  • Postcode 3003
  • Suburb West Melbourne

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

 

Latitude Property has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

 

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

 

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

 

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

 

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

SMSF Friendly

This property can be converted to a single contract suitable for an SMSF at a cost.

SMSF Single Contract

This property is a single-contract property suitable for an SMSF.

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