Full Description

Theodore Apartments are a new development in the Brisbane inner city suburb of Kelvin Grove (only 2km from the city centre).  This very modern and appealing building is offering a mix of 1,2 & 3 bedroom designs to accommodate a diverse community.  There are 69 boutique apartments spread over 8 levels which will all be finished to a very high standard.  These apartments are purely off the plan with estimated completion date of late 2009.

Given the superb location of Theodore Apartments we expect these to sell out very quickly!

Each apartment comes with oversized balconies - most over 20sqm and some even 52sqm.  This is a fantastic point of difference!  Combined with the outdoor pool and recreational area these apartments make the most of Brisbane's warm climate.

Strong Capital Growth Potential!

Over the past year the Brisbane property market has seen double digit growth which is set to continue as the Queensland economy goes from strength to strength.  Properties in Kelvin Grove have averaged 10.16% in capital growth over the past 10 years.  Huge population increase and a looming housing shortage crisis are other factors contributing to this high growth and a very strong rental market.  An important trend to note is the number of owner-occupiers of inner city apartments has been increasing in recent years which is squeezing the rental market even tighter with record low vacancy rates across the city.

The location of Theodore Apartments in the Kelvin Grove Urban Village will ensure a high demand for the rental market especially the city professionals preferring to live in close proximity to their place of work.

You can secure an apartment today with a 10% cash deposit or by way of deposit  bond.  This is an exciting new avenue for purchasing off the plan properties using the equity in your own home as security thus paying little or nothing until completion.  This strategy lets you take ownership in a growth asset with minimal cash outlay, securing the pre-construction price and watch your property grow in value over the build programe.

Price Range:
$430,000 - $720,000AUD
(£202,000 - £339,000 or €257,000 - €431,000 or $401,000USD - $673,000USD)

Weekly Rentals:
$395 - $600AUD - these are estimates only

Key Investment Features of Theodore Apartments:

• Secure a prime apartment in a high growth location with little money down till late 2009!
• 6 month rental guarantee
• Central location will ensure high rental demand
• Record low 1% vacancy rate for inner city Brisbane
• Very modern and appealing luxurious apartments
• Large apartments with oversized balconies
• Kitchen fitted with quality appliance and stone bench tops
• Be part of an exciting new urban village only 2km from Brisbane city centre
• Split system air conditioning
• Swimming pool and BBQ facilities with communal outdoor entertaining area
• Close proximity to gymnasium and sports centre
• Secure basement parking with storage
• Full security system to car-park and lifts
• Onsite manager and caretaker
• Local amenities include restaurants, cafes & specialty shops
• Appealing property for the professional occupant

Why Invest in Brisbane & Kelvin Grove?

• Fastest growing city in Australia!
• Properties in Kelvin Grove have averaged 10.16% in capital growth over the past 10 years!
• Record low 1% vacancy rate for inner city Brisbane
• Fantastic subtropical lifestyle
• Gateway to the Gold Coast & Sunshine Coast
• Voted "most livable city in Australia"
• Very strong state economy
• Solid property market
• Strong tenant demand for quality properties

What makes Brisbane Australia's "most liveable" city is climate, geography and natural beauty. There are the amenities you would expect from a large urbanized city, minus the hustle and bustle, high property prices and rents you find in most other capital cities. Set around the Brisbane River it is Australia's fastest growing city.

The master planned Kelvin Grove Urban Village is an exciting first for Queensland. This diverse city fringe community is only a few kilometers from Brisbane's central business district and will offer unique living solutions. This award-winning development is setting a new benchmark for inner urban development.

After many years of consistent property growth the state of Queensland has embarked on a period of phenomenal growth. Over the next 25 years, more than a quarter of all of Australia's population growth is expected in The Sunshine State. Brisbane will be pushed ahead of Melbourne as Australia's second city......
 
Deposit Bond Investing!
By using a Deposit Bond instead of cash, there is no need for you to withdraw the cash required from other investments or out of equity in other property assets to secure an off plan property purchase.

Rather than paying the deposit amount required in cash, you only pay a small premium for the Deposit Bond, which the seller or developer accepts in lieu of cash.

When you use a Deposit Bond you satisfy the vendor's deposit requirements by the issue of what is essentially a deposit guarantee.

Deposit Bonds can be issued from 3 months to as long as 3 years, which means you can keep your money working for you right up until closing, when you will be required to pay the property's full purchase price....