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Real Estate Finance and Investment

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Submitted By lsszhaozhao
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Pages 9
Victoria Park
82/3 Defries Avenue Zetland NSW, 2017
Valuation Report

Property Overview
This spacious apartment is located within the Form building in Victoria Park. The current rental price is $640 per week with $2,560 bond. This property is on level 1 of the building with an open plan living and dining area that flows effortlessly out onto the oversized balcony. The apartment includes two double sized bedrooms each with built-in wardrobes and main with en-suite, one separate study area, two bathrooms, luxurious gourmet kitchen equipped with stainless steel appliances and Caesar stone bench tops, internal laundry and single secure undercover car space.

The Victoria Park is equipped with gym, swimming pool, spa, barbeque area, and excellent security system and identification locking system.

In this report, we used three main valuation approaches from the views of developers, investors and owner-occupiers to value the property.

Location and Transportation
Surrounded by natural beauty, Zetland is the ideal location to make a home. Two of Sydney’s finest golf courses, The Australian Golf Club and Moore Park Golf Club are a mere pitching wedge away. Nearby, the Sydney Cricket Ground and The Sydney Football Stadium cater for spectator needs, and Randwick racecourse is just down the road when people are in the mood to step out in the season’s latest fashion, or to have flutter each way on the fillies. Zetland has many schools surrounded such as James Cahill Pre School, Green Square School, Taylors College and also has hospitals surrounded such as Sydney Children’s Hospital, Prince of Wales Hospital.

Form is one of an ensemble of projects located within Victoria Park at the fringe of Green Square. It is a large, mixed-use development encapsulating retail and residential components that offers a relaxed lifestyle for residents in a relaxed parkland

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