LIVE A LIFE OF LUXURY NEAR THE YARRA RIVER!
Exquisite location on the banks of the Yarra River
(From approx. HKD 2.6 M ) Deposit required 25%, balance by way of cash or finance at around 4% interest rate for investors, 3% if moving in yourself, 30 year term, no age restriction. Must have proof of income. Australian citizenship not required. Repayments less than rent)
MOVE IN OR COLLECT RENT IN 60 DAYS TIME!
TREMENDOUS IN DEMAND LOCATION, Investment Assured. Huge rental demand. Rarely Seen Yarra River Opportunity.
Why Rent When You Can Buy? 50
50 % Stamp Duty Developer Incentive* on Completed 1 & 2 Bedroom Apartments
Timeless design by award-winning architects SJB
Only a 15min tram ride to the Paris-end of Collins St
Beautiful wide engineered Oak floors
Sustainable 6+ Star Green Living inside and out including 2x electric vehicle charging stations in carpark
World-class resident facilities
Superior Gaggenau Appliances
A warm interior sanctuary designed by notable Carr Design Group
Included in price at no extra cost: Security intercom; remote controlled security door to car park; storage enclosure; timber floor to living areas, kitchen; 4 plate gas burner cook top; electric oven; dishwasher; stone benchtops; air conditioning unit;
240m from Victoria Gardens Shopping Centre (supermarkets, café’s, IKEA etc.)
Appointment of accountants, solicitors, termite and pest inspectors and other professional services as needed.
Schools located within 5 Kms (Under 15 mins. drive) include: St Leonards, Glen Waverley; Holy Family School, Mount Waverely; Salesian College, Chadstone; Cheshire School; Good Sheaors, Wheelers Hill; St Josephs, Primary; St Johns Vianney, Mulgrave; Sacred Heart, Oakleigh; St Andres School; St Peters, School; Minaret College, Sprngvale; Killestar College, Springvale
Mortgage loans available up to 80% of purchase price, interest rates below 5%, up to 30 years available, no age restriction. Only available to residents located in Australia, New Zealand, Hong Kong, Singapore, Malaysia and Macau.
(Source of distances and times: Google Maps)
FLOOR PLANS BUILDING A
Click here to see floor plans for building A
FLOOR PLANS BUILDING B
CLICK HERE TO SEE FLOOR PLANS FOR BUILDING B
Contact us for individual prices and availability
HOW IT WORKS:
1 Select Property
Find the right property and pay reservation fee in order to reserve your preferred property. This transaction will ensure your preferred property is taken off the market and no one else can purchase it during the reservation period.
2 Sign Contract
Appoint a Melbourne solicitor to review the contract, if all in order, sign the Contract of Sale.
3 First Payment
Transfer 10% deposit into Vendor’s solicitor trust account. The balance of the full purchase price will be made upon the completion of property.
4 Refund Registration Fee
Once the deposit transaction have been made successfully, the reservation fee will be fully refunded at this stage.
We suggest you you prepare your mortgage application immediately. We can also connect you with some of the reputable banks and mortgage brokers. Indicative approval for finance at up to 80%, interest rate under 5% , within 48 hours.
On the day of settlement/final completion, (between 30 to 60 days upon your choice) you will then make the final payments. Transaction is completed and you now have the ownership of your freehold property.
7 One Stop Service
Citylife International Realty, with 35 years experience, offers property management and inspection services to all clients as well. Please feel free to contact us for more information.
- EXTRA COSTS ON PURCHASE: ALL IN AUD
- LEGAL FEES PAID TO YOUR SOLICITOR (THE DEVELOPER HAS THEIR OWN SOLICITOR) APPROX AU$2,500.
- DISBURSEMENTS, SUCH AS TITLE SEARCHES, SEWERAGE SEARCHES, ADJUSTMENT OF ANNUAL RATES PAID ETC APPROX. $500-$1,000.
- GOVERNMENT STAMP DUTY AUSTRALIAN CITIZENS SLIDING SCALE AROUND 5.5% OF PRICE.
- BLINDS TO ALL WINDOWS APPROX $3,000
- BUILDING INSPECTION REPORT IF REQUIRED APPROX. $600
- AGENTS FEES : NIL
- FOREIGN INVESTORS ARE REQUIRED TO PUY FOREIGN INVESTOR DUTY AROUND 8%, PLUS APPLY TO THE FIRB FOR PERMISSION TO PURCHASE, APPROX $8,000.
INVESTMENT CASH FLOW: indicative only -AUD
Purchase price one bedroom AU$470,00
Deposit say 25% $117,500
Mortgage loan $352,500
Rent $1,560 per month*
Loan repayments: $1,683 per month**
(*Gross rent before Council Rates, Body Corporate etc)
(**30 years, interest rate 4%, principal and interest loan)