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House-Home For Sale 1 bed in Boronia Victoria Australia find Boronia properties in GRIFFITH, New South Wales for sale

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type: 1 bedroom apartmentaustralian buy-to-let investment apartmentsin melbourne – one of the most popular cities in the world to live and investfeature summaryone two bedroom apartments that are excellent buy-to-let investmentspriced from $269,000 £109,796 exchange rate $2.45 to £1two year rental guarantee from completion 8 per annum75 loan to value mortgages available subject to status12 to 18 month build time with down-payment installment planonly £3000 deposit required to reserve apartment25 down-payment staged over approx 9/10 months split into 5 x 5 installmentsinstant equity compared to other properties in the area priced at around $420,000, so our units represent up to a 20 off plan discount plus potential capital growth over the build timelarge luxury apartments located in an up and coming area with balconies and secure parkingreserve yourself a fantastic apartment in one of the bestperforming real estate markets in australiaabout the projectexclusive to knight knox international – the dorset road project is a uniquely designed 3 level, 29 unit apartment building with secure basement car park and roof terrace. the project is to be constructed in a popular melbourne suburb called boronia which is located conveniently within the commuter transport routes.the project offers high potential capital growth and a cash flow positive buy-2-let investment built by a leading local builder with a long standing track record. the land is fully owned and the project is already financed to build and the developer aims to sell only two thirds of the units to individual buyers and keep a third himself for the future, this is a reassuring fact for any potential purchaser.development features• large apartments up to 123 square metres plus balconies• rental guarantee for 2 years at 8 which creates a cash flow positive buy-2-let• located in a good superb of the prestigious city of melbourne, australia• exclusive development of only 29 luxury apartments, with only 20 for sale• large communal roof top terrace with barbeque area• air conditioning included in price and units fully finished to a high specification• prices up to 20 less than comparable properties in the area• stylish communal areas and gardens• secure under ground allocated parking spaces• an established developer with over 2,000 properties built• only 25 deposit required paid over 9-10 months in installments• 75 ltv mortgages available subject to status• build time between 12 to 18 months completion expected middle to late 2010• a stable and sophisticated property market with high capital growth expectations• only £3,000 required to reserve a property today and only available through knight knoxwhy invest in this project?with only 25 down-payment required and your deposit spread across 10 months you can leverage your capital and should have already secured a high return on investment by completion.you then receive a 2 year 8 rental income which is guaranteed and enables a further 2 years potential capital growth whilst being a cash flow positive buy-2-let investment. this is rare in australia especially with the relatively high interest rates at in summary; these apartments are a fantastic addition to any buy-to-let portfolio and offer you the chance to invest in a sophisticated market with only 25 deposit.you stand to make great capital returns on investment, whilst enjoying positive cash flow rental returns and the satisfaction of owning a fantastic second home in one of the worlds most popular cities.investment in melbournemelbournes property market performed strongly in recent years, supported by solid economic growth and increasing numbers of international qualified migrants.the continued growth of melbournes population and its popularity as an emigration destination looks set to underpin its property market in the years ahead.highly sought after and affluent suburbs that are accessible by transport routes and not far from the cb Property Id:707352