Low Cost Australian Apartment - Flat On Sale - Ref 475159
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Apartment/Flat Description
Trinity Apartments is a newly completed development in the heart of Melbourne city. Located only 800m from Melbourne?s central business district the suburb of Carton is an upmarket cosmopolitan place to live.
Nestled amongst the thriving hub of Carlton the Trinity Apartments are close neighbours with the Melbourne Hospital, Melbourne University, Metro Central Station, Queen Victoria Market and the Museum & IMAX Cinema complex. In addition these apartments are right in the heart of the restaurant and café district.
Trinity provides investors with immediate tax benefits and secure tenancies already in place.
Trinity Apartments is comprised of 45 apartments over 7 levels, each with their own balcony. All apartments have superior high end furnishings and are currently tenanted by the developer. With the Melbourne vacancy rates at an all time low and apartments currently producing above average rental yields the Trinity Apartments makes for a very sound investment.
Price Range:
$275,000 - $365,000AUD
(£119,000 - £158,000 or ?165,000 - ?220,000 or $245,000 - $326,000USD)
Weekly Rentals: $275 - $330AUD
Key Features:
? 1 bedroom apartments available
? 5% cash deposit with settlement in 90 days
? Fantastic inner city location
? Apartments are already tenanted
? 6 month rental guarantee at market rate
? Quality kitchen appliances
? High end furnishings
? Split system air conditioning
? Car parking available to selected apartments
Why invest in Melbourne?
? Median house price in Richmond increased by 27% in the last year
? Inner city residential vacancy rate is at a 25 year low at 0.9%
? Gross rental yields have increased by 6.9% in the last year
? Strong capital growth predicted due to growing demand and lack of supply
? Robust State economy
? Strong population growth- approx. 1000 people per week move to Melbourne
? The only city in Australia to offer stamp duty savings by purchasing Off the Plan
? Strong demand for quality rental accommodation close to the city
Melbourne is a place of great presence and beauty, enjoying a striking cityscape of fine 19th century buildings, gardens and boulevards, and state-of-the-art architecture. Recognised as the cultural hub of Australia, Melbourne offers a sophisticated arts scene, the country's best shopping, and a lively passion for eating and entertaining.
Richmond is located just 2 kilometres from Melbourne's central business district and is a vibrant suburb renowned for its shopping and dining. Richmond is characterised by an eclectic mix of expensively converted warehouse residence, apartments and terrace housing. Due to its location, accessibility to public transport, shopping, education, leisure activities and entertainment Richmond is home to a multitude of young professionals.
Victoria is not only a great place to live and work, Melbourne is among the developed world's least expensive cities in terms of cost of living, while at the same time offering an excellent quality of life - making it one of the world's most liveable cities. No wonder over 1000 people per week choose to move to Melbourne
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Approximate price of this 1-Bed Unknown
€147,150 EUR |
£119,000 GBP |
US$187,881 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment/Flat |
| Bathrooms |
1 |
| Bedrooms |
1 |
| Category |
Off plan |
| Listed |
over 1 year ago |
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Property Characteristics
- Pool: No
- Views: city
- Kitchen: yes
Map of Melbourne, Victoria, Australia
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Price: £119,000
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 |
735,000 |
152,000 |
396,822 |
* Calculations based on 1 properties for sale in Melbourne and 16 properties for sale in Australia |
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