APPROX 6% INVESTMENT RETURN
Unit 13 - $219,000 Rental Valuation $265 pw
Unit 12 - $225,000 Rental Valuation $265 pw
FINISHED UNITS READY TO INSPECT & OCCUPY - NOW INCLUDING FURNITURE & INVESTOR PACKAGE (FRIDGE, TV, MICROWAVE, ETC)
Units 1-14 - Stage 2 of Oxford Green Highton.
KEY REASONS TO INVEST
-Geelong is becoming a University town where student population is expected to increase to 20,000 in the next decade
- Take advantage of the unrequited demand for student accommodation in this unique development.
- Immediate access to Waurn Ponds campus
- Close proximity to Epworth teaching hospital
- Low vacancy rates in stage 1 Oxford Green
- Sold fully furnished, ready to occupy
Many smart investors have already recognised this excellent investment opportunity - Buy for $219,000 rent out for $265pw, consider also the potential tax benefits and depreciation on a new property, do the numbers and see that the returns here are outstanding!
Predicted growth of Deakin Uni and educational facilities in the immediate area means high demand in the future. Rental applications are currently being taken for these last available units. If you have a student to accommodate or are in the market for an investment property, look no further.
OXFORD GREEN - THE EDUCATED INVESTMENT
These eye-catching buildings consist of architectural designed one-bedroom residences that represent a unique concept. The apartments are designed specifically to address a shortage of independent rental units in the area surrounding Deakin University Waurn Ponds Campus. In fact the units are the FIRST private development in Geelong specifically designed for student rental, an amazing fact given the huge current unrequited demand for housing from the constantly expanding student population.
Residents at Oxford Green can also enjoy views of the native parkland and ornamental lake that surround the spacious playing fields of the university, contributing to a remarkable feeling of space and tranquillity. The apartment building is situated in the final stage of the residential subdivision known as University Park directly opposite the campus, this area has proven to be one of the most dynamic, high growth real estate zones in Geelong, with immediate access to the university, transport, shopping centres, and the new ring road that links directly to Melbourne in one direction and the Surf Coast in the other. These furnished apartments are designed to be highly functional with open plan living areas combining seamlessly with balcony and courtyard garden areas, bathing the living spaces in natural light. The apartments are fully self-contained with a separate bedroom with BIR and double bed, a separate stylish and modern bathroom and a living/dining/kitchen area that boasts modern appliances and furnishings. There is plenty off-street private parking, a generous storage unit for each apartment and bicycle lock-ups for the more active resident. All apartments are fully wired for telephone, television and internet communications.
The Geelong economy has been undergoing a metamorphosis, for many years known as a blue-collar manufacturing centre dominated by Ford and Alcoa, the new Geelong economy paints a very different picture. The growth industries within the City of Greater Geelong are now health care and associated bio-tech industries, tourism, higher education and public administration. The most dynamic drivers are:
1. State Government initiatives to regionalise Government administrative entities, resulting in a significant increase in this sector of the economy residing in Geelong.
2. Higher education - with Geelong becoming a University Town. The city boasts two constantly expanding campuses of Deakin University, the new Epworth Teaching Hospital at Deakin Waurn Ponds and the large Gordon TAFE campus.
Higher Education is of enormous benefit to the Geelong economy.
BY EXAMPLE THE CURRENT STUDENT POPULATION AT DEAKIN'S GEELONG CAMPUSES IS 6400 STUDENTS, THIS IS PROJECTED TO INCREASE TO 20,000 STUDENTS IN THE NEXT DECADE.
Oxford Green apartments have been specifically designed and located to take advantage of this projected increase in rental demand and will be the first option for those wanting to lease close by the hospital in particular, and the expanded campus in general. Currently, students attending the Deakin campuses are scattered all over Greater Geelong in a variety of less than satisfactory housing options. Oxford Green will offer the premium option for those choosing to live close by the Waurn Ponds campus and new teaching hospital, underpinning the success of this extraordinary investment opportunity.
Epworth/Deakin Teaching Hospitalhttp://www. geelongadvertiser.com.au/artic le/2010/10/14/218891_news.html
Deakin Student Numbers
Artists impressions and photos displayed are indicative of Stage 2 Oxford Green Apartments.