Apart­ment op­por­tu­nity

Western Suburbs Weekly - - Residential -

LJ HOOKER Clare­mont di­rec­tor Vivien Yap says if peo­ple are in­ter­ested in apart­ment liv­ing in the western sub­urbs, now is the time to buy as there is lim­ited avail­abil­ity.

“Clare­mont is a very niche mar­ket and you can’t build apart­ments ev­ery­where,” she said.

“The apart­ment buy­ing mar­ket in this area will re­main lim­ited and con­trolled in terms of devel­op­ment. Land is rare and not cheap, so buy­ing at some­where like Clare­mont on the Park is a unique op­por­tu­nity.”

Mrs Yap is prac­tis­ing what she preaches and has just bought a onebed­room apart­ment in Mir­vac’s The Re­serve com­plex.

“We chose an apart­ment at Clare­mont on the Park as an in­vest­ment op­por­tu­nity that we can also use for our chil­dren to live in when they go to univer­sity,” she said.

“As an in­vest­ment it is the per­fect lo­ca­tion and that is what sold it for me.

“There is lots of po­ten­tial for rental.”

Con­struc­tion has started on The Re­serve and it is ex­pected to be com­pleted in early 2019. ■

An artist’s im­pres­sion of The Re­serve at Clare­mont on the Park.

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