Apartment - Flat to Buy in Adelaide - South Australia - Ref 445182
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Apartment/Flat Description
Newport Quays provides an exceptional opportunity to purchase a waterfront apartment for capital growth investing. This off-the-plan project is due for completion in late 2008 and is located on the historic Port Adelaide?s harbour front, and is part of a $2 billion waterfront development program. Be part of the initial phases of the project and maximise your upside. Coupled with the $20 billion mining resources boom on Adelaide?s door step, Newport Quays makes for a sound investment opportunity. You can secure a property with only a 10% deposit from £11,000.
Developed by Urban Construct and Multiplex, Newport Quays is the largest redevelopment ever undertaken in South Australia - the ten year project will see 2,000 new properties and 560 marina berths in this unique development. Residents will have exclusive access to the Marina Cove Club with facilities including pool, spa, sauna and gymnasium. You have the ability to secure an apartment now with only a 10% deposit. With no more to pay until completion. This strategy lets you take ownership in a growth asset with minimal cash outlay, securing the upside and pre-construction price. Estimated completion date is November 2008
Price Range: $309,000 - $713,000AUD (£127,000 - £294,000 or ?188,000 - ?433,000 or $257,000 - $598,000USD)
Weekly Rentals: $311 - $687AUD
Key Features: ? 1, 2 & 3 bedroom apartments available ? 6 month rental guarantee at 5% gross for all properties up to $500,000 ? Quality kitchen cabinetry with stone benchtops & Bosch appliances ? Split system air conditioning ? Spa bath & sauna (to selected properties) ? Electric fireplace (to selected properties) ? Access to the Newport Quays club ? $10m committed to public infrastructure including promenade upgrades, boardwalks, & pedestrian bridge ? Private & public mooring berths
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Approximate price of this 2-Bed Unknown
€157,042 EUR |
£127,000 GBP |
US$200,511 USD |
(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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Innovative investment strategies offering 25% annualized returns regardless of market conditions
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Property Characteristics
Map of Adelaide, South Australia, Australia
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Price: £127,000
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Price of Property in Adelaide, Australia
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