For one weekend only! Find out about investing in one of Melbourne’s most sought after, high end eastern suburbs – without paying the 7% Foreign Purchaser Additional Duty!
Botanica Balwyn is a high-end luxurious apartment project featuring practical layouts, lush greenery and private gardens, developed by Melbourne-based Blue Earth Group and designed by Jack Merlo. There is a gym, private dining and theatre areas; and lush greenery and seating pods in open courtyards which all complement the liveable space at Botanica.
The development which comprises of 196 apartments is spread across four 3 to 6-storey blocks and is located in the upper middle class suburb of Balwyn, one of Melbourne’s richest and most desired suburbs. It is also nestled among several top schools in Melbourne such as Fintona Girls School, Camberwell Grammar College, Balwyn Primary School and Scotch College. Both the location and high quality fitout of these apartments will appeal to both investors and owner occupiers. Launched in May 2014, Botanica Balwyn was sold out completely within a few weeks. Median unit prices in Balwyn were at $650,000 on 5th Dec 2016 (source: SQM Research). This is a suburb that has shown good long-term capital appreciation and is projected to continue to do so in the future.
Botanica Balwyn, Melbourne
Botanica Balwyn is a high end luxurious apartment project featuring practical layouts, lush greenery and private gardens developed by Melbourne based Blue Earth Group and design by Jack Merlo.
Apartments at Botanica have been designed to meet the demands of urban lifestyle. Stunning architecture with a unique hanging garden in the lobby wall making a grand entrance at Botanica. All of the apartments come with a balcony, a covered car park and storage cage. The layouts offer a clever use of space and make the apartments more liveable. The developer has used high-quality oak flooring for the living and dining areas with quality fittings and SMEG appliances.
The vendor received blanket approval from the Foreign Investment Review Board (FIRB) for the sale of apartments at Botanica Balwyn to non-residents of Australia in mid-2014, allowing foreigners to purchase apartments at the project without the need to apply for FIRB Approval. Hence, there is no Foreign Purchaser Additional Duty to be paid by the purchaser, which means a savings of 7% of the full contract price. There’s never been a better time to invest in Melbourne than now.
To find out more about this unique opportunity come and meet with the team from Melbourne on 25th and 26th February, 2017 at the Radisson Hotel. There are only a handful of units available for sale, so don’t miss this chance to buy into a GREAT LOCATION, with a GREAT PRODUCT at a GREAT PRICE! A solicitor will be in attendance to explain the relatively straightforward sales process; a finance broker will be there to assess available credit facilities; and a property consultant will be on hand to discuss the project and the availability with you. As they say in Australia, first in, best dressed!