2 Bed 1 Bathroom Apartment - Flat for Sale in Melbourne | Victoria - Australia - Ref 614717
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Apartment/Flat Description
CENTVM Overview:
Located at the bustling heart of Preston just 8km north of the CBD, the architecturally stunning CENTVM will comprise of 109 apartments in total. A mix of very spacious 1-bedroom + study and 2-bedroom + study apartments, ranging in size from approximately 52 square metres to 95 square metres internally.
Each apartment will also have its own balcony or terrace area, separate storage facilities and secure undercover car parking. CENTVM will offer buyers plenty of choice with 32 different floor plans available.
Secure your Melbourne investment now with a 10% deposit and no more to pay until completion in approximately January 2011!
CENTVM is within strolling distance of stylish boutiques, cafés, restaurants, the South Preston Shopping centre, and the cosmopolitan Preston farmers’ market. Public transport is superb - tram on the doorstep and walking distance to 2 train stations. Commuting to the CBD, Melbourne University, RMIT and the Hospital district will be a breeze.
CENTVM offers an affordable opportunity both for owner occupiers and investors to buy into an area that will undergo a major rejuvenation and transformation over the next few years (Principal Activity Centre under Melbourne 2030 plan) which will definitely be the catalyst for strong price growth. Buying a Centvm apartment now will leave you in a terrific position to get in at the very initial stages and reap the benefits of price growth over the coming years as Preston is transformed.
Price Range
$399,000 - $495,000AUD
(£229,545 - £284,774 GBP or $511,119 - $634,095 SGD)
Research:
Preston units have averaged 10.66% capital growth per annum over the past 3 years (source: APM suburb search).
The median unit price in Preston as at August 09 is $356,000.
It is expected that the population of Preston will reach 84,830 persons by 2011. This represents an increase of +2.0% (or +0.4% per annum) from 2006 estimates.
CENTVM will command strong rental demand & yields due to its proximity to the CBD, major employment generators such as Melbourne's main hospitals, Melbourne University and RMIT, the strong transport infrastructure and proximity to a large range of amenities.
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AU$399,000 |
€322,268 | £269,513 | US$425,039 (Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment/Flat |
| Bathrooms |
1 |
| Bedrooms |
2 |
| Category |
Off plan |
| Listed |
over 1 year ago |
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Property Characteristics
- Parking: 1 car-space included
- Distance to Shops: 100 metres
Map of Melbourne, Victoria, Australia
Towns located close to Melbourne, Australia
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Price: AU$399,000
Latest Property News in Australia
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Price of Property in Melbourne, Australia
| (All prices in EUR) |
Melbourne |
Melbourne |
Melbourne |
| Apartment/Flat |
370,000 |
164,000 |
370,000 |
850,000 |
152,000 |
396,822 |
* Calculations based on 1 properties for sale in Melbourne and 18 properties for sale in Australia |
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