Two-day Autralian property exhibition in KK
KOTA KINABALU: Over 300 units of the Melbourne Square were already sold during its first launch in Kuala Lumpur.
Juste Land International Pty Ltd chief executive officer (CEO) Datin Julie Chong said that those who invested in the project could receive up to five per cent return of investment through rental.
She said compared to such development projects in countries such as Singapore, Hong Kong and Malaysia the return of investment via rental for Melbourne Square is higher.
Julie further explained that investors would not need to come up with money from their own pocket to finance the property as tenants could pay the loan for them.
She was met during a two-day Australia property exhibition at the Pacific Sutera Harbour here, which started yesterday.
Melbourne Square ¡V a mixeduse vertical development in the Southbank of Melbourne, Australia is the largest integrated development in Southbank, which is a joint venture project between OSK Property and Employees Provident Fund (EPF).
Located at a prime position in Southbank, the iconic RM9 billion development comprises six towers clustered around an impressive 3,700 sqm network of green spaces. Bounded by the Westgate Freeway and Kavanagh, Balston and Power Streets, Melbourne Square is a few minutes’ walk away from Crown Melbourne and the arts precinct as well as a train stop away from the CBD.
A high-end project, Melbourne Square’s expansive network of elevated gardens and parks, which are designed by Cox Architecture (one of the largest and most respected architectural practices in Australia), together with its mix of amenities and convenient location will not only complement the lifestyle of the people in Southbank but will transform the city¡¦s skyline.
Julie also disclosed that one of the big supermarkets in Australia would be an anchor tenant at Melbourne Square which gave convenience to those who live there.
With its unique location of being close to the beach, Julie also said that the developer was giving a lifestyle to Malaysian who wanted to live there, for their kids, investment, retirement home or holiday home as it provides full facilities.
She said that Melbourne Square is located in between the city and closed to St Kilda beach and F1 Albert park.
Phase 1 of Melbourne Square comprises two elliptical designer residential towers defined by shimmering pleated facades, as well as essential amenities including a beautiful urban park, a large format supermarket, a childcare facility, restaurants and cafes, and a comprehensive set of residential amenities.
Future stages will feature a hotel, commercial office tower and apartments within a generous 5acre space.
Melbourne Square with layout size ranging from 500 square feet (sqft) up to 3,000 sqft and price starting from 381,900 Australian dollar, will be an important destination within the world¡¦s most liveable city as it also represents one of the last pieces of sizable prime land available for an iconic development in Melbourne city.
Juste Land, a Kuala Lumpurbased company is an established agency & actively assisting buyers & investors in Australia’s property investment and currently offering special incentives for clients who make purchases during the exhibition.
For further information, call and register at 016-332 6738 or 03-7873 6311.