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Newport Quays provides an exceptional opportunity to purchase a waterfront apartment for capital growth investing. This off-the-plan project is due for completion in late 2008 and is located on historic Port Adelaide’s harbour front, and is part of a $2 billion waterfront development program. Be part of the initial phases of the project and maximise your upside. Coupled with the $20 billion mining resources boom on Adelaide’s door step, Newport Quays makes for a sound investment opportunity.
Developed by Urban Construct and Multiplex, Newport Quays is the largest redevelopment ever undertaken in South Australia - the ten year project will see 2,000 new properties and 560 marina berths in this unique development. Residents will have exclusive access to the Marina Cove Club with facilities including pool, spa, sauna and gymnasium.
You have the ability to secure an apartment now with only a 10% deposit. With no more to pay until completion. This strategy lets you take ownership in a growth asset with minimal cash outlay, securing the upside and pre-construction price. Estimated completion date is November 2008
Price Range:
$309,000 - $713,000AUD
(ÂL127,000 - ÂL294,000 or €188,000 - €433,000 or $257,000 - $598,000USD)
Weekly Rentals:
$311 - $687AUD
Key Features:
� 1, 2 & 3 bedroom apartments available
� 6 month rental guarantee at 5% gross for all properties up to $500,000
� Quality kitchen cabinetry with stone benchtops & Bosch appliances
� Split system air conditioning
� Spa bath & sauna (to selected properties)
� Electric fireplace (to selected properties)
� Access to the Newport Quays club
� $10m committed to public infrastructure including promenade upgrades, boardwalks, & pedestrian bridge
� Private & public mooring berths
Disclaimer:
Purchase prices are in Australian dollars. Prices advertised may vary according to current exchange rates. Advertised prices are taken at exchage rate 1 AUD = 0.4117 GBP or 0.607 EUR or 0.8299 USD as of 29 August 2007.
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