Chance to invest in Melbourne


  • News
  • Saturday, 18 Apr 2015

Modern appeal: A recently completed Central Equity apartment in Southbank, Melbourne.

IF YOU are keen to invest in property in Melbourne, you might want to make time this weekend to drop by the Le Meridien Hotel near KL Sentral, for Australian property developer Central Equity’s Melbourne Property Expo & Info Sessions, held in conjunction with its Malaysian agent Rhema Realty.

The exhibition, held today till tomorrow, showcases the first preview of a new landmark apartment project in Melbourne.

On offer is Central Equity’s new one-, two- and three-bedroom freehold apartments that come with a range of designs and views.

Prices start from AUD$429,000 (RM1,215,956). Early off-the-plan buyers in the project can save up to AUD$48,000 (RM136,051) in government stamp duty.

This project is on a prominent corner in Melbourne’s Southbank and is only a short walk to the city centre, Arts precinct, South Melbourne shops, market and transportation.

Scenic: A view of Yarra River at dusk with the city centre in the background from Alexandra Gardens, which is adjacent to Southbank.
Scenic: A view of Yarra River at dusk with the city centre in the background from Alexandra Gardens, which is adjacent to Southbank.

Residents will also have easy access to RMIT and Melbourne University.

Melbourne is one of Australia’s most dynamic cities and is experiencing the largest population growth among the country’s capital cities.

For each of the past 12 years, it has experienced the largest population increase of all Australian capital cities.

Although the broader metropolitan area has been growing steadily for some time, the most noticeable recent population growth has been in the CBD (central business district) and the inner-city areas adjoining the CBD.

So what is drawing people to live in the Melbourne inner city?

People from all around Victoria, interstate and overseas are attracted to the lifestyle, education and employment opportunities available here.

Melbourne has proved to have a resilient economy and an enviable lifestyle. And this is helped by a competitive and successful business environment, its thriving arts and cultural scene, burgeoning diverse ethnic communities, exceptional food and wine scene, world-class education, exciting sports and entertainment as well as reliable infrastructure.

Australian-owned and Melbourne-based Central Equity has been pioneering the trend towards city living in Melbourne over 25 years, developing new apartment towers to house the growing population.

According to the company, people considering an off-the-plan purchase should think about who would be managing their property and what kind of tenant they hoped to attract.

It said Southbank was an area that was very popular with renters who wanted properties close to employment and lifestyle opportunities.

Central Equity was the first major residential developer in Southbank, starting in the early 1990s, and has developed approximately 60% of the residential properties in the area.

The Central Equity Group is a one-stop shop for Melbourne property and can provide the full range of property services from the initial off-the-plan purchase right through to property management, leasing, owners corporation and maintenance services.

For details, call Central Equity at 012-337 4767 or visit www.australianpropertyexpo.com.


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