Outstanding offerings by Melbourne's listed developer Mirvac| 15 Nov 2018
Crowned the World's Most Livable City by the Economist for seven consecutive years, Melbourne is set to become even more desirable as it derives enormous benefits from a massive urban renewal initiative which will boost the local economy.
For almost three decades, Australia has registered sustained economic growth which outshone every other developed country, even during the global financial crisis. Unsurprisingly, its stellar performance is reflected in an excellent AAA credit rating.
Of late, the Australian dollar has taken a dip, resulting in an attractive 'discount' for overseas investors. With Hong Kong properties soaring to unaffordable levels, Australia has increased its attraction as a reasonable alternative for discerning investors. It is also worth noting that Australia's stamp duty is relatively lower than other popular property investment hotspots, such as Canada.
When the right location meets the right developer
Yarra's Edge is famed as the elite residential hub in Melbourne, with houses often fetching over AUD 1 million. Situated in between the Fishermans Bend and the Melbourne CBD, this ocean-fronting district is favored by those working in the business district, who yearn for tranquility with quick access.
One of the largest in Australia, award-winning listed developer Mirvac already has long had its eyes on this excellent locale. Renowned for its astute investment decisions and high-quality delivery, Mirvac claims over 30% of its property sales come from repeat customers.
A leading developer in the country's high-end real estate market, Mirvac is active in major cities like Sydney, Melbourne, and Brisbane, and its development projects comprise large-scale residences, commercial, retail, and even industrial buildings. These projects often boast a higher rental yield compared with similar developments in Australia.
Voyager & Forge -off the plan and completed condominium in Yarra's Edge
Soon to be towering over Yarra's Edge, Voyager by Mirvac is the epitome of luxury apartment living. The 43-story high water-fronting landmark structure is currently the tallest tower released within this prestigious precinct, and is elegantly appointed with imported European materials, appliances, and fixtures by Smeg and Miele.
The premium lifestyle is in full bloom at its rooftop entertainment area, Societe. With outdoor and indoor amenities adorned by ample greenery, it is an urban oasis in the metropolis.
Located nearby, the completed residential tower Forge has won the Best Apartment Complex Award 2017 by HIA-CSR Victorian and Judges' Award (Metropolitan) by UDIA Awards for Excellence 2017. Endorsed for the stunning interior, units in Forge effortlessly adapt to both traditional and contemporary styling and are cleverly arranged with ample storage. Appliances and fixtures are also by SMEG and Miele.
With a sizable aquarium in the foyer, a bookable cinema, a dining room, and the cozy fireplace and lounge area on the ground level, Forge proves to be a special place to live.
Both apartments provide access to the deluxe facilities at the Wharf Club nearby, including the elegant rooftop lounge with outdoor fire-pit, a bookable dining room, a swimming pool, a gym, a steam room and more for your indulgence. For water-lovers, Ye Marina nearby is an excellent boating location beloved by locals and visitors alike.
Redefining Melbourne for decades to come
To facilitate the city's continued development, the Victorian government announced, in 2016, an urban renewal framework of unprecedented scale for Melbourne - the Fishermans Bend. Laying the foundation for the state capital's dynamic growth up to the year 2050, the project will connect Melbourne's Central Business District (CBD) to the bay area which will be three times as large in area.
The project aims to increase the population in this area to 80,000 residents with the creation of new employment opportunities. The traffic overhaul will be adding two train stations and increase the local tram routes to four, providing speeding transport to the CBD.
One of the most prestigious universities in Australia, the University of Melbourne, has already purchased land in Fishermans Bend to expand the Melbourne School of Engineering and to accommodate large-scale research facilities. The area will also see the addition of four primary schools and one secondary school.
For both properties, new buyers are exempt from legal fees and FIRB (Foreign Investment Review Board) application fees. Visit the exhibition this weekend to find out more.
No. of units: 11(228 in total)
Price: beginning at $496,500 AUD
Address: 81 South Wharf Drive,Docklands, Victoria
Voyager (Off the Plan)
No. of units: 133(315 in total)
Price: beginning at $525,000 AUD
Expected completion date: Mid 2022
Address: 103 South Wharf Drive,Docklands, Victoria
Yarra's Edge (Forge & Voyager) Exhibition
Date: 17th & 18th Nov (Sat & Sun)
Address: Harbour View Room III, 3/F ,The Excelsior, 281 Gloucester Road, Causeway Bay
Contact number: Jason 9187 6057
Stephen 9773 9973
Ivan 9844 5639
*Artist's impression, subject to change. Views are indicative only.*