Af­ford­able Lux­ury Apart­ments: Live In or In­vest

Herald Sun - Property - - NEWS -

h,OCATED IN ONE OF -EL­BOURNE S HIGH­EST REN­TAL GROWTH AR­EAS 4HE #LARENCE IN -ALVERN %AST TICKS ALL THE BOXES OF A PRIME REAL ES­TATE IN­VEST­MENT !STUTE PUR­CHASERS WILL ALSO WANT TO TAKE AD­VAN­TAGE OF THE CUR­RENT LOW IN­TER­EST RATES AND SUB­STAN­TIAL TAX DE­PRE­CI­A­TION OVER A NUM­BER OF YEARSv SAYS 0AUL #ASTRAN OF #ASTRAN 'ILBERT 2EAL %STATE -AR­KET CON­DI­TIONS ARE IM­PROV­ING RAPIDLY AND THERE HAS BEEN NO BET­TER TIME TO BUY #UR­RENT IN­TER­EST RATES ARE THE LOW­EST THEY HAVE BEEN SINCE 3EPTEMBER AND MANY ARE PRE­DICT­ING FUR­THER RATE CUTS 2ATES WILL PROB­A­BLY RE­MAIN COM­PA­RA­BLY LOW FOR SOME TIME TO COME WITH DI­RECT BENEl TS TO MORT­GAGE LOANS 9OU CAN OB­TAIN A HOME MORT­GAGE FROM A BANK FOR AS LIT­TLE AS WHICH APART FROM A BRIEF PE­RIOD DUR­ING THE GLOBAL l NAN­CIAL CRI­SIS IS CHEAPER THAN AT ANY TIME SINCE THE S h2ATES MAY NEVER BE THIS LOW AGAIN FOR A LONG TIMEv ADDS #ASTRAN !S AN IN­DI­CA­TION DE­PRE­CI­A­TION BENEl TS FOR 4HE #LARENCE OVER THE LIFE OF THE BUILD­ING WOULD BE AS HIGH AS FOR A ONE BED­ROOM

CAR SPACE APART­MENT AND AS HIGH AS FOR A TWO BED­ROOM CAR SPACE APART­MENT #OMBINE THIS DE­PRE­CI­A­TION BENEl T WITH SIGNIl CANT STAMP DUTY SAV­INGS OF UP TO

AND YOU HAVE A WIN­NER 4HE #LARENCE IS SIT­U­ATED IN THE IM­ME­DI­ATE VICIN­ITY OF THE -ONASH 5NIVERSITY #AULl ELD CAM­PUS #AULl ELD 2ACECOURSE #AULl ELD 4RAIN 3TATION TRAMS TO THE #"$ 7AVERLY 2OAD SHOPS AND CAFES AS WELL AS PIC­TURESQUE PARK­LANDS IN­CLUD­ING #AULl ELD 0ARK TO THE WEST AND #EN­TRAL 0ARK TO THE NORTH -ONASH &REEWAY AND $ANDENONG 2OAD PRO­VIDE EX­PE­DITED AC­CESS TO THE #"$ AND THE REST OF -EL­BOURNE 4HE DEVEL­OP­MENT PRO­VIDES FOR EX­EM­PLARY CON­TEM­PO­RARY LIV­ING AT AN AF­FORD­ABLE PRICE TAG )NVESTORS AND OWNER OC­CU­PIERS CAN SE­CURE THEIR DREAM LUX­URY PROP­ERTY WITH ALL THE TRIM­MINGS FROM FOR A ONE BED­ROOM APART­MENT AND

FOR A TWO BED­ROOM APART­MENT h4HIS IS A GREAT OP­POR­TU­NITY FOR PUR­CHASERS TO GET THEIR FOOT IN THE DOOR IN ONE OF -EL­BOURNE S BEST SUBURBSv MAR­KET­ING AGENT -ARK &ORYTARZ SAYS #OMPRISING OF ONLY APART­MENTS 4HE #LARENCE OF­FERS A MIX OF ONE AND TWO BED­ROOM

APART­MENTS #OM­PLE­TION IS DUE EARLY TO MID 0RE AP­PROVAL l NANCE WITH COM­PET­I­TIVE AND AT­TRAC­TIVE TERMS IS ALSO AVAIL­ABLE FOR 4HE #LARENCE PUR­CHASERS SUB­JECT TO A SAT­IS­FAC­TORY FULL CREDIT AS­SESS­MENT THROUGH (AWKINS &INANCIERS MEM­BERS OF THE -ORTGAGE &INANCIERS !SSO­CI­A­TION OF !US­TRALIA $IRECTOR 2ICK (AWKINS EN­COUR­AGES PROSPEC­TIVE PUR­CHASERS TO HAVE AN OBLI­GA­TION FREE CHAT WITH HIM ABOUT SE­CUR­ING l NANCE FOR PUR­CHASE 4HE ON­SITE DIS­PLAY SUITE AT $ANDENONG 2OAD -ALVERN %AST IS OPEN 3ATURDAYS AND 3UNDAYS FROM PM AND WELL WORTH A VISIT #ALL

OR FOR MORE IN­FOR­MA­TION

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.