Economic
News relating to
Property and Construction Market -
Opportunity
to invest in property development of upmarket attached luxury homes development
project in Sydney Australia -
AAPAC
Group is inviting sophisticated and experienced investors to invest in property
development of an
upmarket boutique attached luxury homes development project in the eastern suburb of Maroubra in
Sydney Australia
The attached luxury homes
development project
The
attached luxury homes development project is located in a quiet spot in
the
southern end of Maroubra, a coastal eastern suburb of Sydney. The
development project is to develop four 3 bedroom attached luxury
homess. Each attached luxury home will be of 3 levels (above
ground) and will consist of 3
bedrooms, 2 bathrooms, lounge, dining/family, open kitchen, private
courtyards, balconies, roof terraces, 2 car garages in basement with
direct access to each property.
The attached luxury homes development project is located within
- 15
min. walk to water front (Maroubra beach south or Malabar beach)
- 3
min. walk to green open space
- 10
min. walk to coastal national park
- 3
min. walk to bus stop on main road (Anzac Parade)
- 10
min. walk to local shopping centre (South Maroubra Shopping Centre with Woolworths)
- 3
min. drive to major shopping mall (Eastgardens)
- 3
min. drive to Maroubra Junction business precinct
- 10
min. drive to Sydney Airport (International and Domestic)
- 6
min. drive to freeway that links to north, west and south of Sydney
- 15
min. drive to Sydney CBD (via freeway)
- 12
min. by bus to major university UNSW.
The project is
also only 2 km (3 min. drive) from two upmarket residential
communities with multi-million dollar homes - Prince Henry (newly
developed) and Little Bay Cove (being developed) ; and only 2.5 km
from world renowned coastal golf courses, including NSW Golf Club, St
Michaels Golf Club, and Coast Golf Club.
The
project site is situated in a quiet, relaxed and green spot at the
beginning of a cul-de-sac with no through traffic. It is with
easy access to water front but sheltered from salty
sea wind.
The project is in design stage at the moment. It is planned that
construction will be started in the second half of 2015 and be completed before end of 2016.
Investment in property development of the attached luxury homes development project
Sale
price of each attached luxury home is estimated to be A$1.45M+.
Recent transaction record shows that 10 years old 3 br
townhouse in the same area was sold for A$1.15M in Nov 2014. Sale
price of properties in the area has since increased by a further
10%. The
GRV (Gross Realization Value) of the project is estimated to be A$5.8M.
It is estimated that the ROI (Return On Investment) will be
around 38% in 2 years. Based on a more conservative
estimation, the ROI should still be over 25% for the same period.
Sophisticated investor who has expressed interest to us about
investment in property development project and who is interested to
learn more about the
opportunity of investing in the attached luxury homes property development project
can
contact us by email to mail@aapacgroup.com.
Fabian Chan
Source: AAPAC
Group - 2.4.2015
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