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€235.000 (approx £163.193) |
Overview
With record low occupancy rates driving up rents there has never been a better time to invest in the Australian property market. Demand is expected to grow, but supply is limited and this cycle is expected to lead to significant price growth, with Melbourne being the most advanced in this scenario. Comprising of 69 one and two bedroom apartments, IVY is superbly located opposite the St Kilda Botanical Gardens, and just 550 meters from St Kilda beach. A boutique development by Fridcorp, Ivy offers absolute park frontage in a sought after location. Superior finishes compliment the park vistas, as Ivy becomes the first development in the street to mark the gentrification of Herbert Street.
This development is selling very fast with already 50% sold. If you are looking for a superb quality apartment in a boutique building located in one of the most sought after locations in Australia the IVY could be just the thing for you.
Completion is not due until late 2008 so there are still huge Stamp Duty savings and a local managing agent is happy to offer investors a 6 month rental guarantee.
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- Development : IVY
- Country : Australia
- Completion : Last Quarter 2008
- Financing : Available up to 80%
- Rental Program : Guaranteed
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