1, 2 & 3 bedroom apartment, Melbourne - Pay no stamp duty
Prices from GBP £268,000
Ref: Travancore
1 to 3 Bedroom(s), 1 to 2 Bathroom(s) |
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Everyone wants a piece of Melbourne! The property market is still running hot with very high demand for inner city living. Because of this we are very happy to present a stunning new development only 3km from Melbourne's central business district which will provide a fantastic sense of community.
Nestled amongst parkland and beautifully set around a stunning architecturally designed piazza, Travancore on the Park is apartment living as it should be. This recently completed development offers spacious two and three bedroom apartments finished to a very high standard. All apartments come with their own security car park, air-conditioning and the latest in European-designed kitchens.
The unique combination of parkland surrounds, the community atmosphere and close proximity to the central business district (CBD), the university and hospital precinct, and the airport will guarantee Travancore on the Park attracts great interest from both owner occupiers and the professional rental market.
Pay No Stamp Duty!
We have negotiated for the developer to pay the stamp duty on these apartments. It is estimated that you will save from $29,560 - $42,160, which is a phenomenal saving!
Rental Guarantee!
We have also negotiated a rental guarantee of 5% of the purchase price for two years. This provides you with a guaranteed income of $28,250 - $38,750AUD per year for two years. This is an exceptional offer for the security conscious investor.
Cashflow Positive on Multi-Currency Lending!
For a two bedroom apartment on a 70% multi-currency Swiss franc lend, the property will generate a surplus of a massive $6,500AUD per year (estimated using current exchange rates). Coupled with the low buying costs and the high growth location, you truly are getting the best of both worlds. For more on multi-currency lending please read below....
Price Range:
$565,000 - $775,000AUD
(£268,000 - £367,000 or €339,000 - €464,000 or $527,000 - $723,000USD)
Purchase price is in Australian dollars. All other currencies stated below are a guide for your convenience and are subject to exchange rates
Weekly Rentals:
$550 - $745AUD
The developer is offering a two year rental guarantee at 5% of purchase price. This is a fantastic offer for the security conscious investor.
Key Investment Features of Travancore on the Park:
* Very modern & luxurious, 2 & 3 bedroom home sized apartments
* Convenient location - only 3km from Central Melbourne
* Strong rental market - less than 1% vacancy rate
* Fantastic public transport options right on your doorstep
* Kitchen includes European Blanco appliances, stone bench tops, glass splash backs
* Split system air conditioning
* Full security car park and lifts
* Cabling for broadband and pay-tv
* Terraces overlooking parklands
* Artistic sculpture and landscaped piazza
* Onsite cafes and trattorias
Why invest in Melbourne?
* Melbourne rents have increased by a whopping 12.7% in the last 12 months
* Record low rental vacancy rate at about 1%
* Melbourne is experiencing huge population growth, approx 1000 new residents a week
* Strong capital growth predicted due to growing demand and lack of supply
* Melbourne apartment values increased by approx.18.3 per cent last year
* Robust state economy
* The only city in Australia to offer stamp duty savings by purchasing Off the Plan - saving thousands of dollars
Melbourne is a place of great presence and beauty, enjoying a striking cityscape of fine 19th century buildings, gardens and boulevards, and state-of-the-art architecture. Recognised as the cultural hub of Australia, Melbourne offers a sophisticated arts scene, the country's best shopping, and a lively passion for eating and entertaining.
Situated approximately 3 kilometres to the North of Melbourne’s central business district (CBD), the suburb of Flemmington is characterised by a mix of residential, retail, commercial uses. This location has fantastic accessibility to public transport, shopping, education, leisure activities and entertainment.
Victoria is not only a great place to live and work, Melbourne is among the developed world's least expensive cities in terms of cost of living, while at the same time offering an excellent quality of life - making it one of the world's most liveable cities. No wonder over 1000 people per week choose to move to Melbourne......
Multi-Currency Lending!
Multi-Currency lending is an exciting new avenue for lending money to invest in Australian real estate.
In brief a Multi-Currency loan enables you to lend the money for the property in a different currency. At the moment our clients are lending on the Swiss Franc which has interest rates of only 4.4%. This is a huge saving compared to the current interest rates in Australia of 9.46%, and by structuring your Multi-Currency loan effectively you can make your Australian property cash flow positive.
Travancore on the Park meets most banks requirements and hence is eligible for this type of financing. Currently to be eligible you have to be living outside of New Zealand and Australia.
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