End of Financial Year Report “Park Tower” 201 Spring Street, Melbourne Report for 2012 - 2013 , Prepared by Dionne Wilson & Esmé Gordon

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INTRODUCTION

[youtube=http://www.youtube.com/watch?v=9G3Y71KHRxY&w=420&h=315&rel=0] With 35 Spring st and the Windsor hotel redevelopment both due to start before the end of next year a renewed focus on Spring st has driven prices up across the board at this end of town, However owners at Park Tower continued to hold.

SALES STATISTICS

BUILDING DETAILS & PARTICULARS No of apartments: 113 apartments over 18 Levels Year built: Late 1960's Building name: Park Tower Council: City of Melbourne Zoning: Capital City Zone Schedule 2 http://tinyurl.com/23clumr Apartments: City and park facing 1,2,and 3 bedroom residences. Owners Corporation: Ken Stout -  Phone: 9662 23266  Email: 6093359@bigpond.net.au Facilities: Yes: Function room, caretaker, and underground secure parking.

REPORTED SALES - Financial Year 2012-2013

Date	Address				Price
18/07/12	410/201 Spring Street	2	2	1	525,000

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REPORTED RENTALS - Financial Year 2012-2013

Date	Address				Price
19/03/2012	71/201 Spring Street	1	1	1	$480pw
09/01/2013	84/201 Spring Street	2	1	1	$495pw
17/12/2012	24/201 Spring Street	2	1	1	$520pw
06/08/2012	23/201 Spring Street	1	1	0	$390pw*
19/07/2012	83/201 Spring Street	1	1	0	$350pw

*Fully/partially furnished

James Edmundson Sales Consultant/Auctioneer – Harcourts City Residential Ph: 03 9664 8100 Mob: 03 9664 8116 E: james.edmundson@harcourts.com.au Web: www.jamesedmundson.harcourts.com.au

*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.