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 409/118 Russell Street, Melbourne 3000 Indicative selling price For the meaning of this price see consumer.vic.gov.au/underquoting Single price X or range between $440,000 & $480,000 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. 2/1 Exhibition Street $480,000 27/11/20 2. 407/296 Flinders Street $460,500 14/12/20 3. 32/1 Exhibition Street $480,000 03/12/20 This Statement of Information was prepared on: 17/03/2021 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. 815/422 Collins St $474,000 05/08/20 54m2 1 1 0 5. 710/118 Russell St $585,000 02/12/20 65m2 1 1 0 6. 504/68 La Trobe St $500,000 08/07/20 65m2 2 1 1 Material Fact to Disclose Current Rent & Lease Expiry Rental Potential (pw/pcm) No N/A $350-375 / $1520.83-1629.46 Property Outgoing Information (approximately per annum) Council Rates Water Rates Owners Corporation Total Fees $1532.67 $1004.14 $4669.20 $7206.10 Size Year Built Complex/Block Facilities 65m2 1954 – Refurbished in 2002 149 / 149 None Owners Corporation Chattels Fawkner May – 1300 798 299 All fixed floor coverings, electric light fittings & window furnishings Building Sale Method Terms Hero Deadline Sale – 15/04/21 @ 12pm 10% Deposit - Settlement 30 Days 47