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NEW Melbourne City Centre project
Stunning NEW Melbourne City Centre project A Presentation By Mike Bentley
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What a Location! Located in the heart of Melbourne CBD.
A NEW stunning 65 level tower, due to complete in 2020, combining residential apartments, a luxury hotel and retail.
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01 06 02 07 03 08 04 09 05 Key Investment Points Price Developer
Low Rental Vacancy Rates Location 03 08 Falling Supply Views 04 Design & Amenity 09 Rising Population 05 Education
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Apartment Type Summary
Pricing PRICING: Mostly AU$10-11K per sq. metre Min Max Area Range Apartment Type Summary 1 bed $418,800 $545,000 108 2b1b $661,000 $751,000 100 2b2b $651,000 $878,000 362 3b3b+cp $1,729,000 $1,749,000 12 Total= 582 Car parking can be purchased with 2-bedroom apartments for an additional $100,000. Note: 1 bedrooms cannot purchaser car parking.
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Today, vacancy rates have fallen to a low of 2.2%!!
RENTAL VACANCY RATES ARE PLUMETTING TO LOWS!* Today, vacancy rates have fallen to a low of 2.2%!! 2.2%!! *Source: SQM Research June 2019
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17.8% While Rents Rise! Apartment rents have risen by a staggering
over the past 3 years (June 2016-June 2019) as supply drops 17.8%
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Inner Melbourne Supply Pipeline
Source: JLL Research, as at 1Q19 *Projects over 50 apartments are included
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Australia Population Source: | Australian Bureau of Statistics
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20 million 37-49 million STOP PRESS! new migrants coming!
Australia's population: 37-49 million by 2066 (Currently 25.4 Million) 20 million new migrants coming! STOP PRESS!
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Key Points PRICE: 2 Bedroom from LOCATION: $651,000-$878,000
$Central CBD location Emporium, Hardware Lane and Street, Bourke Street Mall, Flagstaff Gardens, Queen Victoria Markets. OPPOSITE MELBOURNE CENTRAL SHOPS AND TRAIN!
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Views East facing
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Views West facing
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& 65 582 52 252 152 Apartments Project Overview
Designed by Elenberg Fraser architects the development consists of 2X Towers 65 Levels 582 Apartments North Tower: Providing & 52 Levels 252 Room 5-star hotel South Tower: 152 Apartments Incorporating
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Project Overview North Tower
Levels 64 & 65: Designated Penthouses Levels 52 & above: have been allocated for 3-bedroom Levels 9-51: One- and two-bedroom apartments Average of 11 per floor 9 Two bedrooms and 2 One bedrooms. Levels 8: Resident’s Gym, Yoga + PT Training area, Cinema room, Bar and Karaoke area Levels 7: Games room, Resident’s Lounge, Indoor Pool, Sauna, Spa, Steam room + Private function rooms with kitchen Ground Floor: Lobby, retail along Timothy Lane + Café
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Level 7 Facilities Plan 25M Pool Sauna & Steam Games rooms Lounge
& bar Function Rooms Outdoor garden & lounge
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Level 8 Facilities Plan Cinema PT Studio/ Yoga room Function room
Karaoke Room Gym Cinema PT Studio/ Yoga room Function room
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Apartments: Timber Flooring (living, dining & kitchen).
Stone Bench Top & Splashback Split System Heating & Cooling (living room provided, bedrooms additional option) Miele appliances: Gas cooking Gaggenau appliances available (Upgrade option) Double Glazed Windows
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Many Feature Stunning Views
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Luxury Bathrooms
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DESIGN: BAY WINDOWS The curves that form the iconic design provide every apartment with a unique experience from the resulting bay window, an idea that maximises the floor space and allows you to surround yourself with the majestic cityscape views
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Developer Over 20 Successfully Completed Past Projects
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Disclaimer IMPORTANT NOTICE:
All information (including but not limited to the property area, floor size, price, address and general property description) in this document is provided as a convenience to you, and has been provided to Citylife International Realty (CIR) by third parties. CIR have no belief one way or the other as to whether the information contained is correct, neither CIR nor its, directors, affiliates or employees have checked the accuracy of the information and do no more than pass it on. They do not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on this presentation. Information contained here should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property or the information about the property contained in this presentation. The information, data and projections should be used as a guide only and should not be relied upon in making investment decisions.
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https://citylifeprojects.net/
Thank You Mike Bentley
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