skygardens apartments

 

 

 

 

 

 

 

 

 

 

 

 

Fantastic location with a Walk Score of 100!

• Adjacent to Westfield Garden City which has recently commenced a $400 million expansion adding value to the areaPositioned with easy access to both the Gateway Mororway and the Pacific Highway
  • Westfield Garden City is the 3rd largest retail centre in Queensland
• Well located in Cremin Street, Mt Gravatt
• High rental demand area
• Limited local stock availability
• 400 m to major bus terminal
• Close to private and public schools and the local Griffith university
• Only 12km to Brisbane CBD

 

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skygardens – Garden City is located at 1-5 Cremin Street, Upper Mt Gravatt, 4122  Google Maps

 

Consisting of two apartment blocks with 56 apartments in each block made up of 70% being 2 bed apartments to suit local demographics

Apartments are more than generous in size with the one beds being 70 sq/m;  the two beds 92 sq/m and the 3 beds are a large 120 sq/m

Apartments include ensuites, galley kitchens and dedicated study areas

Quality finishes including tiled floors to living areas, full height tiling to bathrooms, stone benchtops and high ceilings all add value to your investment

Apartments have good natural light with a lot of floor to ceiling glass, quality natural ventilation with most apartments having two sides to prevailing breezes

All apartments come with car parking and storage

Priced from $399,000 to $583,000 averaging just under $5,000 per sq/m is excellent value for your dollar

There are two demographic profiles (singles and couples) in the area and a high need for new apartments to meet the requirements of both singles and couples

Around 60,000 people work witin 10 minute drive creating a strong demand for rental accomodation at Upper Mt Gravatt

 

Real Estate in the area :

• high local median values $495k
  
• tight vacancy rates 1.5%
  
• rising rents
• increased demand
• low supply
• little availability for resales
• Brisbane residential market is in revovery phase
• New infrastructure in Mt Gravatt plus improved local amenities greatly improve the prospect for capital growth
• Local area projected to grow by 2,900 residents per annum
• Around half of existing apartmetns are owner residents, thus widening your target market at time of resale
• Having around 50% being owner occupiers illustrates the strength of the local area

 

Request detailed Investor Report here