Lot 803 - The Mercer - Geelong
Geelong, Geelong, VIC, 3220$ 749,000
Overview
Property ID: LA-4911
- SMSF Single Contract
- Property Type
- 2
- Bedrooms
- 2
- Bathrooms
- 0
- Cars
- N/A
Details
Updated on Nov 07, 2024 at 01:03 pm
Property Type: | SMSF Single Contract |
---|---|
Price: | $ 749,000 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 620 |
Gross Per Annum: | $ 30,160 |
Gross Yield: | 4.30% |
Capital Growth 12 Months: | 2.94% |
Capital Growth 10 Year Annualised: | 7.28% |
Vacancy Rate: | 2.67% |
Property Size: | N/A |
Land Area: | N/A |
---|---|
Bedrooms: | 2 |
Bathrooms: | 2 |
Parking: | N/A |
Title Status: | N/A |
Property ID: | 4911 |
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*
“Completed and Tenanted”
A central address sets you right at the heart of a vibrant metropolis and waterfront destination with Australia’s world famous coastline at your feet. The Mercer is seaside sophistication, a perfect panorama of city living by the bay.
Friendly foreshores and iconic surf beaches are a backdrop for Victoria’s second largest city, alive with ingenuity and a relaxed and cultured lifestyle that’s hard to beat. Ocean views and coastal breezes set the tone for a sunny outlook just an hour from Melbourne.
Local life gives you so many reasons to step outside. Long walks on the pier, laps at lunchtime and weekends sailing into the endless blue are all part of your neighbourhood’s appeal.
Across 14 levels, a selection of 1, 2, 3 and 4 bedroom apartments and penthouse residences are thoughtfully placed to maximize natural light entry and aspect while expansive terraces and cantilevered balconies capture uninterrupted views of the bay and surrounding landscapes. Activating a ground level presence, a private lobby and premium retail spaces add modern amenity to the local street scene. Basement levels present secure and allocated parking for cars and bicycles with lift access to all levels.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt :(amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
**Completed in 2020
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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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.