Artist’s impression of Yarra One.
SIBU: A roadshow on Melbourne’s Yarra One, a 26-storey block of condominium in an affluent and prestigious location, South Yarra is being held at RH hotel – Alamanda room (level 1) until today from 10am to 6pm.
According to Peggy Tang, the marketing consultant of SGP Esteem Pte Ltd, the product has great capital growth and rental demand potential.
It is because of the train station and the block is only two stops from the Central Business District (CBD), she said.
In addition, there are trams along Toorak Road and next to Chapel street are cafes, restaurants, shopping malls, cinemas and supermarkets, among others.
The project comprising 268 apartments would start off in September and expected to be completed middle of 2020, she said.
At the moment only 77 units of apartments are still avalable for sale.
Yarra One is of top quality fixtures and fittings with Germany Top brand Miele applicances, timber flooring to living and dining area and was designed by award-winning architect Fender Katsalidis who is an Australian.
Yarra One comprising large one, two and three-bedroom apartment as well as penthouse, and the starting price is A$455,000.
Investors who buy the apartments before July 1 will save a subsatantial amount on stamp duty.
It is a hassle-free investment from purchase to settlement and rental, with only 10 per cent of the purchase price deposited and the balance payment upon project completion. There will be no progressive payments.
For sale enquiry call 012-2126283.