Harcourts Melbourne City
Statement of Information Single residential property located in the Melbourne metropolitan area Sections 47AF of the Estate Agents Act 1980 Property offered for sale Address Including suburb & postcode 505/238 Flinders Lane, Melbourne 3000 Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting Single price X or range between $1,200,000.00 & $1,300,000.00 Median sale price Median price $555,000 Property type Apartment Suburb Melbourne Period - From 01/10/2020 to 31/12/2020 Source REIV Comparable property sales (*Delete A or B below as applicable) A * These are the three properties sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale. Address of comparable property Price Date of sale 1. 512/238 Flinders Lane $1,192,000 11/03/21 2. 8C/27 Russell Street $1,017,000 01/03/21 3. 105/8 Bligh Place $1,460,000 10/02/21 This Statement of Information was prepared on: 01/04/2021 Harcourts Melbourne City have provided additional information that the purchaser may find informative. Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice. Additional comparable sales Price Sale Date Size Bed Bath Car 4. 2/1 Exhibition Street $1,325,000 05/11/20 116m2 3 2 0 5. 401/118 Russell Street $1,432,500 18/07/20 130m2 3 2 1 6. 1204/118 Russell Street $960,000 06/01/21 91m2 2 2 1 Material Fact to Disclose Current Rent & Lease Expiry Rental Potential (pw/pcm) No N/A $750 / $3258 (COVID Adj.) Property Outgoing Information (approximately per annum) Council Rates Water Rates Owners Corporation Total Fees $2,126.33 $656.74 $6,317.38 $9,100.45 Size Year Built Complex/Block Facilities 115m2 1860's, Refurb.in 1870 & subdivided in 2000 69 / 69 N/A Owners Corporation Chattels Hallmarc - 03 9660 9000 All fixed floor coverings and electric light fittings Building Sale Method Terms Flinders House Deadline Sale 16/04/21 @ 12pm 10% Deposit - Settlement 30 Days 23
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