Ascot Vale investment opportunity (Melb)

Today we secured another development - this one is in Ascot Vale. This project has awesome park and river views and come with big balconies to enjoy the views. Details are as follows:

27 Harold Street, Ascot Vale - almost completed therefore short term settlement - date TBC
5 apartments in total - all with large balconies.
High quality fixtures and fittings
Entry level: 2 bedder, 1 car park, 61.3 sqm (+ 16 sqm balcony), total area 77.3 sqm. Selling @ $365k
Top end: 2 bedder + study, 1 car park, 84.7 sqm (+ 30.4 sqm balcony), total area 115.1 sqm. Selling @ $390k
Prices quoted are @ $7k - $20k below bank valuations - copies available on request
Demographic breakdown for Ascot Vale: (Source: Home Price Guide)
Median prices (units) in past 12 months: + 38%
"lone person" most common family unit.
"Professional" most common occupation.
"Bachelor Degree" most common education level.
"rented" most common nature of occupancy.

There is high interest in this particular project given the suburb it is located in and especially the views with it. If you or someone you know would be interested in discussing things further, please feel free to call me ASAP. With only 5 apartments in total, this project will sell out fast.
 
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