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RENTED OUT Rent To Own | | Property type: | Apartment | | Price: | $400,000 Owner provided home loan - 9% Vari. Intrst | | Address: | SOUTH MELBOURNE VIC 3205 |
EXCLUSIVE, 1 Bedroom apartment, secure internal car park, gymnasium, views, never to be built out, style and class.
Seconds to transport....10 Minutes walk to downtown Melbourne.....Seconds to the tram....Across the road from Govt. House and the Kings Park War Memorial....1 building back from St.Kilda Road...
Rent it now for reasonable rent, equivalent to mortgage payments, and have an option to apply part of the rent towards owning... make a deposit... let it count towards the purchase... see OPTIONS 1 and 2
OWNER PROVIDED FINANCE...YOU'LL BE DELIGHTED HOW FAST AND EASY IT IS TO OWN THIS PROPERTY...A HOME LOAN TAILORED TO YOUR CIRCUMSTANCES… do you need a new start?
...if you don't ask how... you will never know.
Make an offer... here's a starting point...
OPTION 1. Get title in your name immediately, held as security for the loan... 10% deposit and $567 per week which includes 7% variable rate of interest, subject to Reserve Bank variations... get a normal bank loan at anytime... do the right thing and I'll help re-establish your credit if need be... see terms below.
OPTION 2. Get title in your name AFTER 18 months, held as security for the loan... 5% deposit and $567 per week for 78 weeks of which $263 per week builds your deposit up to 10%... then OPTION 1 kicks in... new price and terms if you exceed 78 weeks.
TERMS
1. You can walk away at anytime but there will be NO refunds.
2. 10% will be added to any late periodic payment after 5 days past the due date.
3. Irrevocable eviction proceedings will be started on the 10th day past the periodic payment due date.
4. You pay all out goings... like rates, corporate body fees, etc. (approx $3,000 per year and can be added to the periodic payment by arrangement.)
5. As of 17/3/08 Vic. Stamp duty is $20,260 on this unit and can be capitalized.
6. The above options and price will be revised June 2008
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Map for 902/8 Dorcas Street, SOUTH MELBOURNE, Victoria
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Property details |
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Bedrooms: | 1 |
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Bathrooms: | 1 |
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Heating: | Reverse Cycle Air Cond. |
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Cooling: | Air Conditioner(s) |
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Hot water service: | Electric |
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Year built: | 2004 |
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Floor: | 9 |
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Garage: | 1 car attached |
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Floor area: | 58 Sq. Metres approx. |
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| Property features |
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 | En Suite |
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