Lot 2413B - West Place Side - Melbourne
Melbourne, Melbourne, VIC, 3000$ 723,000
Overview
Property ID: LA-12315
- SMSF Single Contract
- Property Type
- 2
- Bedrooms
- 1
- Bathrooms
- 0
- Cars
- N/A
Details
Updated on Apr 03, 2025 at 01:00 pm
| Property Type: | SMSF Single Contract |
|---|---|
| Price: | $ 723,000 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 705 |
| Gross Per Annum: | $ 31,304 |
| Gross Yield: | 5.07% |
| Capital Growth 12 Months: | 30.00% |
| Capital Growth 10 Year Annualised: | 2.66% |
| Vacancy Rate: | 5.45% |
| Property Size: | N/A |
| Land Area: | N/A |
|---|---|
| Bedrooms: | 2 |
| Bathrooms: | 1 |
| Parking: | N/A |
| Title Status: | N/A |
| Property ID: | 12315 |
| 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*
Discover our exceptionally appointed apartments, thoughtfully designed to accommodate your lifestyle. With various configurations, including a potential study for remote work, these apartments offer versatility and style with every layout. Located on the corner of Spencer and Lonsdale Streets, West Side Place is Melbourne’s largest residential development to date, with 2895 apartments, a diverse retail precinct, a network of landscaped leisure spaces, and home to the emblematic Ritz-Carlton and Dorsett hotels.
West elevation THE MELBOURNE SKYLINELocated in the heart of the CBD on the corner of Spencer and Lonsdale streets, West Side Place isthe epitome of indulgent living. Boasting four striking towers, the tallest extending to 81 floors, this luxury development offers stunning one, two and three bedroom residences with expansive views across the bay and cityscape. Anchored by the proposed Ritz-Carlton hotel the top premium hotel brand in the world .
West Side Place is truly synonymous with luxury. Inspired by the hotel’s exceptional amenity offerings, residents can expect high-quality residential facilities including pools, gymnasiums, lounges, dining rooms, kitchens, club lounge, karaoke and mahjong rooms, cinema, virtual golf, library, function rooms and more. With a new central laneway connecting Lonsdale and Little Lonsdale streets, residents and passers-by can enjoy an extensive network of garden and leisure spaces as part of the 475sqm of parks and open spaces available on the ground floor of this precinct. Upon completion West Side Place will host two new arcades, with over 1500m2of ground floor retail space in Stage 1 anticipated to offer a selection of specialty retail, food & beverage, and service offerings to complement the existing retail network across the road.
Get a foothold in the property market or invest in a new property. Located on the corner of Spencer and Lonsdale Streets in Melbourne's CBD, West Side Place connects you to everything Melbourne has to offer. Artist's Impression. Why rent when you can buy in the CBD?Get a foothold in the property market or invest in a new property. Located on the corner of Spencer and Lonsdale Streets in Melbourne's CBD, West Side Place connects you to everything Melbourne has to offer. Make West Side Place your home. Own Melbourne. West Side Place sits proudly at the heart of a diverse, livable and vibrant neighborhood. Enjoy the best of urban living, plus fabulous amenities including sky gardens, pools, gyms, lounges, cinema and even virtual golf
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt :($2,000 Reference: WSP [Unit number] Buyer Surname)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 2413B - West Place Side - Melbourne
City
Melbourne
State
VIC
Postcode
3000
Suburb
Melbourne
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Aus investment Properties 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.
This property is a single-contract property suitable for an SMSF.
