End of Financial Year Report Franklin Lofts / 87 Franklin Street, Melbourne, VIC Report for 2009 - 2010

 

Common-Buyer-Profiles10Common Buyer Profiles

First-Home-Owners-Grant5First Home Owners Information

Foreign-Investment-Review-Board6Foreign Investment Review Board

Stamp-Duty-Calculator5Stamp Duty Calculator

Whats-my-property-worth5What’s my property worth?

INTRODUCTION

 

Agent Comment:

“The past 12 months have demonstrated a surge in value at Franklin Lofts with the average price of an apartment in the building increasing a massive 36% from the previous year. After discussing this growth with many of the owners in the building, it fair to say that they are delighted with the success of the building thus far.

Generally all of the recent results have displayed that the majority of agents selling in the building have been achieving impressive results however one particular result highlights the consequence of not choosing the most appropriate agent to sell your property.

Apartment 2303 sold in October 2009 for $580,000 which was a fantastic result. However Apartment 2103 which is identical in terms of size and position as Apartment 2303, sold in February 2010 for $390,000. This is a perfect example of how important it is to consider other agents who may be more experienced in the building or general area and know exactly what market value is”

Sales Statistics




Previous Reports:
2009 Financial Report		 UPDATE!:
2011 Financial Report Now Available
BUILDING DETAILS & PARTICULARS

Building Facilities:

Gym, pool and sauna
Building Name: Franklin Lofts

Year Built:

 2001

Owners Corporation:

OCV Management Pty Ltd

- 9417 9600
- accounts@ocvmanagement.com.au

Building Manager:

Chris

- 0424 225 773
- admin@strataprime.com.au

No. In Block:

 189 over 31 levels
Council: City of Melbourne
Zoning: Capital City Zone Schedule 2 http://tinyurl.com/23clumr
   
REPORTED SALES – Financial Year 2009 - 2010 BED BATH Offstreet Price Date
1902/87 Franklin Street 1 1 0 380,000 06/2010
1503/87 Franklin Street 2 1 1 575,000 06/2010
2314/87 Franklin Street 2 1 1 607,000 05/2010
1703/87 Franklin Street 2 1 0 570,000 03/2010
2703/87 Franklin Street 2 1 1 565,000 03/2010
1304/87 Franklin Street 1 1 0 400,000 03/2010
2103/87 Franklin Street 2 1 0 390,000 02/2010
2303/87 Franklin Street 2 1 1 580,000 02/2010
1502/87 Franklin Street 2 1 0 450,000 10/2009
2514/87 Franklin Street 2 1 1 579,950 08/2009
2302/87 Franklin Street 2 1 0 579,950 08/2009
904/87 Franklin Street 1 1 1 368,000 07/2009
REPORTED RENTALS – Financial Year 2009 - 2010 BED BATH Offstreet Rent (pw) Date
??/87 Franklin Street 2 1 1 550 04/2010
??/87 Franklin Street 1 1 1 440 03/2010
1503/87 Franklin Street 2 1 1 - 03/2010
2711/87 Franklin Street 2 1 0 525 02/2010
??/87 Franklin Street 2 1 1 550 01/2010
706/87 Franklin Street 1 1 0 350 01/2010
??/87 Franklin Street 1 1 0 410 12/2009
2107/87 Franklin Street 1 1 1 400 12/2009
1105/87 Franklin Street 1 1 0 400 12/2009

 

Contact

                                                                                  

Stuart Kennett – Harcourts City Residential

Ph: 03 9664 8100

Mob: 0497 966 989  

E: stuart.kennett@harcourts.com.au

Web: www.cityresidential.harcourts.com.au

 

 MHC_7704_72dpi_HS_web
                                                                     

 

**Harcourts City Residential has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts City Residential may not have concluded any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible.

Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the accuracy of the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as advice or fact. If your property is exclusively listed with another agent please disregard this communication.

Own an apartment in Franklin Lofts?

Request an appraisal today.

Stephanie Mackay
admin@melbourneharcourts.com.au 03 9664 8101 03 9664 8100
Over the course of six years, she gained valuable experience in various roles within the industry, including marketing, administration, and accounts for a franchise overseeing 12 offices across the North Island.

Share