Our client engaged us to add to previous purchases we have made for him. This purchase needed to be hybrid – an investment for now and potentially a residence in Sydney for the future. We were able to secure this asset in the right pocket of the Advanx development and secure a tenant for 12 months prior to settlement. With a growing baby boomer population empty nesting over the next 10 years, developments like this one are undervalued today (in my opinion) and will really come into there own in the next 5-10 years as demand for easy living luxury apartments grows with easy access to amenity, parks, transport and well managed and built buildings with manageable levies. Not all units in any development are the same, knowing the best ones to buy and why are keys to preserving value and supporting future growth.
Contact Stuart Jones to discuss how he can help you with your next property acquisition.