THIS IS A ONCE ONLY OPPORTUNITY TO SECURE A LUXURY BRAND  NEW ONE BEDROOM APARTMENT IN A PRIME LOCATION NEAR THE MELBOURNE ARTS CENTRE AND YARRA RIVER AT A GENUINE BARGAIN PRICE

UNDER CONSTRUCTION: COMPLETION JULY

Artists impression (for reference only: see developers website below)

Topping out 20 May 2022

OWNER SAYS "SELL!"

Perfect for couples, professionals or singles, this apartment is larger than many on the market at approx. 59 square metres (634 square feet) with higher than normal ceilings (2.7 m) and  floor-to-ceiling windows.

The spacious kitchen comes with shelving & Miele stainless steel appliances as well as a breakfast bar, while the study features an integrated desk.

Artists impression for indication only. Furniture not included.

Located in the heart of Southbank

Approved for Foreign Buyers

Below Replacement Value

Below Valuation

High rental return, estimated at 6%

First $114,000 (approx) capital growth FREE of Capital Gains Tax!

Deposit required to secure A$56,400 (Completion approx. July - August 2022)

Amenities include:

-Hotel-style concierge
- Indoor heated pool
- Fitness room with gym & sauna
- Large theatre
- BBQ

 APARTMENT  FEATURES  INCLUDE


> Rare 2.7m high ceiling
> Private balcony
> Superb kitchen with stone benchtops & Miele appliances
> European style laundry with washer & dryer included
> Light, bright, and quiet
> North facing
> Luxury high rise tower, the apartment is on a Mid floor
> Smart storage & integrated shelving
> Larger than most new 1 bedroom apartments at approx. 630 square feet
> Designed for interior peace & quiet

Established proven developer

FABULOUS  SOUTHBANK LOCATION: WALK TO EVERYTHING!

> Easy access to Melbourne University & RMIT
> 2 mins walk to Yarra River and Southgate restaurants
>6 mins walk to the CBD
>1 min walk to Melbourne Skydeck
>5 mins walk to the Arts Centre
> 5 mins walk to Crown Entertainment Complex
> 10 mins walk to Royal Botanic Gardens
>5 mins walk to St Kilda Road

 PRICING DETAILS

Off-the-plan Original Contract price        $564,000
Sellers DISCOUNT to new buyer:  ($114,000)
Net price:                 AU$450,000

Bank Valaution June 2022 $564,000

Costs:

Stamp Duty : Est $31,000 all buyers

Legal Fees: Est $2,800 all buyers

Foreign Buyers Fee: Est: $45,000 foreign buyers only

Annual Property Fees:
Body Corporate est: $3,200
Water and council rates. Est: $2,400
Rent:
Rent guarantee first12 months $28,200
Current market rent estimated at $23,400

Estimated rent by December 2022 $26,832

(Identical sized new  apartments in the same development SELLING NOW priced between $520,000 (low floor) to $590,000 (high floor)
Project website: https://focusmelb.com.au/


FOR MORE INFORMATION IF INTERESTED, AND CAN MOVE QUICKLY,  WHATSAPP MICHAEL BENTLEY IN HONG KONG ON (+852) 9031 9669

 

 

NOTICE: All information is for  information purposes and for illustrative purposes only. Furniture and display items are not included. We make no representation or warranty about the accuracy of any detail in this material and accept no liability for
any error or change. This material does not form part of any contract for sale and should not be relied upon. Lowered ceilings
to specified areas. All dimensions are approximate. Area shown is the forecast total titled area rounded to nearest whole
number as calculated by the vendor’s surveyor in accordance with the plan of subdivision. Buyers should rely only on the contract of sale.