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110/5-9 Blanch Street, Preston, VIC 3072

$279,000 Negotiable

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Prestigious Apartment - a gem for all home owners and investors

Phone enquiries - please quote property ID 16640 Key features High rental returns on invetment The only apartment building in the area with two commercial lifts The only apartment building in the area with a dedicated self cleaning bin chute / system Low body corporate fees of around $1600 pa. for a one bed apartment This developer generally retains 20 to 30% of all projects meaning that the upkeep of the building will be great and body corporate fees will stay low 24 hour surveillance to common areas Coded access to residential foyer Secure storage area for each apartment Solar power to common area Energy efficient climate control Combination of acoustic, laminated and double glazed windows General terms to buy are: 10% deposit Construction has now commenced and set to be completed the early to mid of 2017 we can assist with finance we can assist with arranging legals / conveyancing Construction commenced with a proven team behind the project. Both project managers and the builder have decades of construction and management experience to ensure the project quality and success. Charming in the day and at night, the building is an elegant landmark that you will be proud to call your own now and for many years to come. All of our developments are designed to enhance safety and security. Entry to Bellview Apartments is via strategically landscaped area with forecourt leading into a secure lobby providing an urban feeling on arrival. With dual elevator access to each level. Security features include: SECURE LIVING Security code access for entry to buildingSecurity color video intercom at main entry connects all apartments allowing easy communication to the lobby and the ability to open the entry door to guestsSecurity access to basement car parking with remote controlled gatesCamera system provides additional security with 24 hour access to body corporate management INNOVATIVE INTERIORS Designed with careful detail and achieving 6 star energy rating to the building, Bellview Apartments contain high quality gloss enamel joinery, stone benchtops and quality European designer appliances, providing endless comfort and convenience to homeowners and reassurance to investors. COSY APARTMENT LIVING Meticulously designed to maximise convenience and practicality, Bellview Apartments offer stylish apartment living with high quality finishes. Living, dining and kitchens are light-filled and bedrooms are good-sized for young couples, small families and singles alike. BUYING OFF THE PLAN Buying apartments off the plan can significantly reduce financial barriers to property investment and reap greater capital rewards. Up to $25, 000 Stamp duty savings are available when purchasing prior to construction. Buying brand new also means more eligible depreciations to claim against tax. From a capital growth perspective, prices often rise once construction commences and are higher upon settlement, kick-starting your capital gains. A SOUND INVESTMENT Investing in brand new apartments allow investors to claim the maximum amount of depreciation. The tax benefits coupled with robust growth in the suburb makes Bellview Apartments an excellent investment choice. ROBUST SUBURB PROFILE Preston is one of the most walkable neighbourhoods in Melbourne with 29,925 residents. Unit prices have grown: 13.1% over the last 12 months 22.47% over the last 5 years. STAGE 1 SOLD OUT - CONSTRUCTION COMMENCED - STAGE 2 NOW SELLING

First listed on 22 January, this property has been on Realty for 403 days. There has been 5 other 1 bedroom house in Preston that have recently been sold. There are currently 8 properties for sale in Preston.
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Bathrooms: 1
Bedrooms: 1
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