Completing in just 12 months, do not miss your opportunity to secure something in this project.
Best $/sqm buying of any of our capitals right now, its only got one direction to go.
Project Summary:
- Project spanning over 3 buildings, nicely spread out and now dense towers. Allows for a nice “village” style set up with huge amounts of recreational and garden areas in between the buildings
- Towers 1 and 2 available now. Tower 3 is reportedly only being sold closer to completion and the idea is that they will be increasing the prices.
- District Views of beautiful Canberra and the hills
- 1 bed, 1 bath, 1 car from $535,000
- 2 bed, 2 bath, 1 car from $720,000
- 2 bed, 2 bath, 2 car from $705,000
- 10 min drive to Canberra CBD
- Anticipate rental returns of 5% or more
- Vacancy rate <2%
- Walking distance to a Westfield Shopping Centre & Hospital precinct (ACT’s largest hospital)
- Locally based Builder & Developer, very well regarded long standing locally based group
- Construction well underway with completion estimated in just 12 months time (all 3 buildings being delivered together), see construction image below from May 2024:
Key Investment Features:
- Strong performing market
- Premium apartments, great finishes and superior amentoy to anything else in the area
- High rental yields 5-5.5%
- Lower stamp duty costs for foreign investors
- 5% deposits available
- Past clients have made hundreds of thousands from past off the plans with this same developer (examples available on request)
- Stamp duty is tax deductible (only ACT)
- Lowest Stamp Duty in Aus
- High demand rental market
- Highest wages in the country
Sample Apartments:
$535,000 (podium level)
1 bed, 1 bath, 1 car
54sqm + 28sqm
$720,000
2 bed, 2 bath, 2 car
84sqm + 10sqm
Level 7
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DISCLAIMER: This disclaimer is a requirement of the Securities Industry Legislation Act. The information, statements and opinions expressed are intended only as a guide as to some of the important considerations to be taken into account relating to property investment. I strongly suggest that you consult with licensed professionals such as accountants, Lawyers, Valuers, Development Consultants, Quantity Surveyors and others, BEFORE signing any contracts or other binding documents.