Melbourne Property - Off-the-plan - House and Land Packages and Apartments

Investment Properties

Overcoming Your Fears as a First Time Investor

By far the most common and paralysing fear comes when you are approaching the point of commitment to your first investment property purchase. This is really a fear of the unknown.
Fear of the unknown is perfectly natural. You are doing something for the first time and really have no sure way of knowing if it is the right thing or not. History tells you that investing in property over the long term is a good proposition, but you still have doubts.
The best antidote to this fear is research and expert advice:
Your solicitor can help you with clauses in the contract of sale that will protect you from building defects, termites and the inability to get finance.
Your building inspector can protect you from buying an unsound property
Your pest inspector can protect you from buying a termite ridden property.
Your mortgage broker can help you find a loan that you can afford and even lock in the interest rate to remove the fear of rate rises for a period of several years.
Your valuer can determine the fair market value of your property.
Your buyers' advocate (or buyers' agent, a specialist property finder and negotiator) can negotiate a great price and potentially manage some or all of the purchase process for you.
Your professional property manager can help ensure that you always have a tenant, reducing your fear of a vacant property.
Your property insurer can guard against the risk of tenant damage, loss of rent, and total property loss.
Your life or income protection insurer can protect you against the risk of your being unable to work and provide the income needed to service the investment property loan.
Your quantity surveyor can give you an indication of the likely depreciation benefits to help you keep out of pocket costs to a minimum.
Use these experts to help you conquer your fears.

Chapter 2 “Your Pre Property Purchase Team”
Accountant
There are many financial aspects to consider when purchasing and maintaining an investment property (especially at tax time). An accountant will make sure that you structure the purchase appropriately so that you are able to claim deductions in the
optimum manner.
Ideally, your accountant will be an investment property specialist with his or her own portfolio, who will offer you advice that is practical rather than just theoretical.
Buyers' Advocate
You can see that the preparation to buy a property can involve the coordination of a large team of experts, not to mention weeks of your own time spent searching for, negotiating on and then actually purchasing the property. This is where the services of
an expert buyers' advocate can save you time, hassle and money. Over 60 per cent of all property purchases in the United States are managed by a buyers' advocate.
A buyers' advocate can tailor services to your individual needs. If you are a skilled negotiator and have time to manage your pre property purchase team personally, then you may only need the advocate to help search out and shortlist properties for you. However, if this is your first investment property purchase and you are yet to form relationships with a pre property purchase team, a buyers' advocate can offer a complete end-to-end service.
This might include some or all of the following services:
Searching for, inspecting and shortlisting viable properties for your consideration.
Negotiating the price and conditions of a property purchase for you.
Building a picture of short and long term financial impacts of your investment.
Managing the interactions with real estate agents, mortgage brokers, solicitors, building and pest inspectors, quantity surveyors, insurers and accountants.

We can point you in the right direction so you may select a property that suits your current situation.
Other purchases you may consider:


Central Park. Only 20 minutes from the Melbourne CBD House and Land Packages Available


House and Land Packages in Featherbrook from $390,000 all inclusive.


Prahran Studen Accommodation

We have house and land packages in the West - places such as Point Cook, Truganina, Tarneit and Wyndham Springs. The West is growing more than any other area in Melbourne and people are buying there because of the convenience in getting to Melbourne within 30 minutes (in most cases) and prices are still very affordable. Rental yields are between 5 % and 6 % in most cases with good capital appreciation. A lot of new infrastructure is planned for the Western areas of Melbourne, new train stations and shopping centres amongst other things.

We have a few packages left in Truganina from $265,000. But you must be quick!!

The South East is tipped for major growth in 2011, so this is also a great opportunity for the investor with packages starting at about $290,000 (for 4 bedrooms, 2 bathrooms and a double garage on a large block) in areas like Pakenham.

We only use reputable builders so you can rest assured that we will only recommend a good product. With all our house and land packages prices are fixed as all on-site costing has been pre-allowed before pricing.

Student accommodation in the heart of Prahran and absolutely close to everything from Swinburne University to Chapel Street and all its shops, the tram practically at the door, easy access to the City, the beach and much more, this investment will return a minimum of 5% with management on site. It is a full renovation and almost ready to settle now. Priced to sell at $258,000 and only one left.


Barton Tower interior


Moorookyle Stage 1


550 Flinders Street Interior

If you prefer to invest in an apartment, we have apartments in the CBD under construction at the moment with great savings on stamp duty and some with rental guarantees at 5% and 6%.

An area which be believe to be a very good investment is Footscray. There is a lot of infrastructure planned for Footscray. A new station, new shops and with what is there already and the close proximity to the City, the apartments which are currently under construction on Hopkins street - all with fantastic views - are an excellent buy at probably never to be repeated prices.

Call us on 9526 8180 (or leave a message for a consultant to call you back). We can assist with finance as well.


550 Flinders Street


Interior architects impression of Doncaster apartments

The Rhapsody on St Kilda Road is another outstanding development. Building to commence soon and designed by Fender Katsalidis Architects - designed to add to Melbourne's dossier of internationally recobnised architectural landmarks. A beautiful building , luxury finishes with soft colour schemes appealing to the classic market. Some apartments have views over St Kilda Road and the CBD, whilst others will have fantastic views of the Albert Park Lake and beyond. Most apartments are 2 bedrooms and 2 bathrooms but we still have some 1 bedroom apartments available, as well as 3 bedrooms - 2 bathrooms. The building will have a gym, pool and a restaurant on site.

The potential for growth is evident. The median apartment price in Melbourne keeps growing and more and more people want to live in the CBD or as close to the CBD as possible. Transport at the door, taxis around the corner at the hotel, the Cricket Ground less than a block away, the Albert Park Lake also about a block away, tennis courts, restaurants, cafes, beautiful Chapel Street with all its charm. St Kilda Road has it all!! Ubertas also has some apartments still available at 505 St Kilda Road, about a block closer to the city on the opposite side of the road. This is probably the most luxurious building in Melbourne. Prices are not cheap, but ... if you want to live in luxury, here is your answer!! Prices for available apartments range between $1,105,000 and $7,500,000

Call us on 9526 8180 (or leave a message and we will call you back!!)


Last apartments available now!!


Melbourne's St Kilda Road


Travencore designed by Fender Katsalidis. Located at the gateway to Melbourne only just 15 Kms from Melbourne Airport and 3 Kms from the heart of the City with the tram at the door. Docklands, the University of Melbourne, Royal Melbourne Hospital, the Melbourne Zoo and Royal Park Golf Course - all just a stonesthrow away!

We also have a handful of apartments already completed in the City. The Eifel Tower Apartments are on the edge of the City overlooking the river from the City side. There are 4x1 1 bedroom apartments left with prices around $400K or $460K including a car park. The building has a pool and gym and body corporate fees are very reasonable. You can move in or rent your apartment straight away. Available apartments are on the upper floors. We also have a 3 bedroom 2 storey apartment available and another 3 bedroom with a huge terrace overlooking the river. Prices range between $1.1m and $1.8mil including car park

See us in our office at 566 St Kilda Road - Melbourne Vic 3004

03 9526 8181 03 9526 8180

FANTASTIC OPPORTUNITY IN QLD. ELYSIUM RISE AT KALLANGUR ON GOOFELLOWS ROAD.

SWIMMING POOL AND OUTDOOR ENTERTIANMENT AREA, LANDSCAPED GARDENS PROVIDING A SOFT AND RELAXED FEEL, AMPLE VISITORS CAR PARKING.

BRAND NEW HOMES DUPLEXES AND TOWNHOUSES - 3 BEDROOMS FROM ONLY $342,000!! SETTLEMENT PROJECTED FOR EARLY MAY 2009.