I trust you have noticed an advertisement published by Reapfield about marketing NV Apartments located within the Perth CBD area on 26 and 27 Sep’20 + 3 and 4 Oct’20.
If you have not gotten a chance to come over to our first and second invitation, I would like to invite you again for this exciting investment opportunity.
I have done an executive summary of investing this newly completed freehold apartment in Perth CBD location for your consideration.
Point 1 – Be Part of the Perth CBD Growth Phrase
A new billion-dollar partnership between the City of Perth, Commonwealth Government and State Government has been finalised, unlocking numerous economic benefits and opportunities for the Perth CBD.
The $1.5 billion City Deal will re-energise Perth, bringing government and private investment into the CBD, creating almost 10,000 jobs and encouraging more people back into the city.
Under this plan more than 25,000 students and staff will be brought into the city and the construction of the campuses will bring over $1 billion of investment to Perth’s CBD. It is estimated this will create more than 4,100 construction jobs and nearly 1000 ongoing direct jobs.
Prime Minister Scott Morrison said Perth would benefit for generations to come from the game-changing investment in education, culture, jobs and lifestyle.
Point 2 – Vacancy Rate Has Dropped
It is always a good news for real estate investors when they heard vacancy rate has dropped.
From my blog article ‘Case Study of Vacancy Rate in Perth Rental Market’ which I published on 29 Sep’20, vacancy rate has dropped from 1.6% in Aug’20 to 1.3% in Sep’20. What does it mean? It means that fewer and fewer properties would be left empty. To quote Martin Berry (owner of The Professionals in Rockingham) from the August article, she said that she had not seen anything like the current market in her 16 years in the industry. Her company had 720 properties on their books – two are vacant.
Interestingly, from the 2 articles, it brought up this particular residential property called NV Apartments located at Perth CBD as a case study. In the August article, there was such a high demand of NV apartments that there was a tenant waiting list, whereas in the September article, an inspection held for 2 apartments has attracted 35 people as shown in the picture on the article.
Clearly, the rental market has tightened. If you have a property that is ready now for leasing, you bet there would be tenants knocking at your door.
Point 3 – Ready, Get Set, Go
Ready - NV Apartments (freehold) at 380 Murray Street are newly completed in year 2020. As investors, you do not need to wait 3 years for construction to be completed. You literally can touch and feel your physical property asset now. As a result, your risk or worry about “abandon project” is eliminated.
Get Set - We have assembled a local property management team based in Perth to manage your NV Apartment. The team has already gotten a waiting list of potential tenants asking for this apartment leasing. Once you have purchased and settle the payment of your chosen unit, the property management company would be ready to put the tenant for rental.
Go - Select the unit now within your investment budget. Let us, your local team in Singapore to work together with you to start your investment journey in this Australian real estate market.
Let’s meet up and discuss how this investing a newly completed freehold apartment unit in Perth CBD can preserve your real estate wealth portfolio today.
Call Simon at 8100 3386 now.
No comments:
Post a Comment