newmarket apartments
DESCRIPTION
Newmarket Apartments consist of a combination of: → 38 X 1 BEDROOM APARTMENTS STARTING FROM $379,000 → 15 X 2 BEDROOM APARTMENTS STARTING FROM $562,000. The development is architecturally designed and is an appropriately targeted offering, supported by strong location, design amenities and view attributes.TRANSCRIPT
MODERN AND STYLISH APARTMENTS ON THE CITY FRINGE
LOCATION: Newmarket Apartments is located at 255 Racecourse Rd.
Kensington – a popular tree lined inner city suburb less than three kilometres
to the North West of Melbourne. Within easy access to Melbourne’s tram
network, it adjoins the Kensington coffee/retail strip,is 500metres from the
Newmarket railway station and a Safeway supermarket is only a further 250
metres. It is also less than 1 kilometre to the North and South entries of the
M1 freeway.
THE DEVELOPMENT:
Newmarket Apartments consist of a combination of:
→ 38 X 1 BEDROOM APARTMENTS STARTING FROM $379,000
→ 15 X 2 BEDROOM APARTMENTS STARTING FROM $562,000
The development is architecturally designed and is an appropriately targeted
offering, supported by strong location, design amenities and view attributes.
SUBURB PROFILE: Kensington continues to emerge as one of Melbourne’s
most popular inner-city suburbs. Providing an array of retail, commercial and
lifestyle amenities which fully supports the requirements of an increasing
medium density market characterised by both investors and entry-level owner
occupiers.
CURRENT MARKET TRENDS:
The maturity and depth of the Melbourne property market has been resilient
and has generally out performed analysts’ expectations. The investment
fundamentals remain strong, particularly from a rental perspective which
remains at historically high levels with inner urban location. It is predicted that
the population could increase by in excess of 700,000 people over the next 10
years, which is going to place enormous pressure on housing and associated
infrastructure. Melbourne is experiencing unprecedented population growth.
The city was due to hit 4 million people by 2015 but it hit this target six years
early in 2009.
Indicative of a 2 bedroom apartment (north facing). For illustrative purposes only and not to scale. Apartment option packages available upon request.