【Prime Residence】A new benchmark for sophisticated living
Golden location at the western side of Melbourne CBD！Key development area to capture the investment opportunities！
The project is located at the western side of Melbourne central business district, a waterfront area that is known as a famous business and financial district. It is in close to numerous shopping and leisure spots such as Victoria Market, providing high convenience to the residents.
The project is planned and developed by Trenerry Property, a renowned property developer in Australia, with various famous architectural design brands. With interiors by highly acclaimed Carr Design, Adderley is a statement of bold elegance from the inside out, a new benchmark for sophisticated living.
The prominent position with government’s strong incentive of development and investment, approximate AUD $8.8 billion has been put on the infrastructures, and a value of an extra AUD $17.5 billion projects will be invested in 2025. Besides, West End has become a hub of various corporate headquarters such as Lend Lease, ANZ, NAB, Myer and Ericsson, that fuel its rental markets.
Thanks to the fast-economic growth and the prosperity, the population growth increased rapidly of 8.2%, comparatively higher than inner cities. It has been offered 460,000 job opportunities in 15 km currently and expected additional 60,000 vacancies more in 2025. The development supports the rental market grows steadily, the average rental rate of residential units is 13% (1-bedroom) – 29% (2-bedroom) higher than inner cities.
The project possesses good city connections where Southern Cross Railway Station is only a few minutes’ walk away. Residents can choose from a number of railways and bus routes to different areas, fulfills the needs of professionals from different districts and attracts tourists.
The Adderley offers comprehensive living amenities with various restaurants, café, laundries and supermarkets. Fresh fruits and seafood is available at the Victoria Market nearby. The sophisticated living style is the strong attraction in the rental market with high potential of investment.
The project is also nearby a number of renowned universities. For example, it just takes 10 minutes to go to University of Melbourne, and RMIT university. Other educational institutions include Central Queensland University, Victoria University, etc.
• Property: West End – Adderley
• Location: 185 Rosslyn St, West Melbourne
• Developer: Trenerry Property
• Deposit: HKD $240,000 up*
• Expected increment: expected can reach 10%* every year
• Expected date if completion: 2019
• Apartments: 1- to 3- bedroom
• A series of 5 stars amenities and leisure facilities provided: swimming pool, spa, gymnasium, cinema/theatre, medical centers, pet cares, 5000 sq feet garden, BBQ yard, yoga area and 5000 sq feet supermarket.
• Intelligent smart home experience and security service.
AP Assets Ltd (Estate Agent Company License C-072047). Property information in this presentation is provided by exclusively for AP Assets’ clients and has not been verified. Recipients of this presentation are advised to inspect the property, take measurement and obtain legal and professional advice to verify the information provided herein. AP Assets shall not be liable for any loss, damage, cost or expense suffered or incurred in connection with any use of or reliance on such information. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. Some of our sales persons are not licensed to deal with any property situated in Hong Kong. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. Purchasers are acquiring an interest in the land, the building to be erected thereon, a right to use and occupy the properties in the building. Price correct at time of issue. Images are CGIs and figures are for indicative purposes only. Please be advised, Purchasers should check with banks, finance companies or the vendor/developer concerned directly on whether they will be able to obtain the needed mortgage loan to purchase the property/development
AP Property ID: AUM202005