SALES BROCHURE
ARTIST IMPRESSION OF APARTMENT TYPE A
GO WHERE THE GROWTH IS Investing in Kedron is investing in a growth area – one the State Government has identified as of significant importance. Parkside Kedron is a carefully planned apartment development with an outstanding location at Kedron’s highest point. It brings a new standard of product to the area, with a considered and thoughtful design that takes advantage of the views, breezes and 10 hectares of parkland at the back fence. Parkside Kedron provides an opportunity for the astute investor, capitalising on the billions of dollars that have recently been spent on infrastructure in the immediate area.
SNAPSHOT • Positioned on elevated land in Kedron. • Oversized generous apartments with modern contemporary design. • 1 x 1-bedroom apartment – priced at $374,000. • 42 x 2-bedroom apartments – priced from $432,500. • 2 x 3-bedroom apartments – priced from $549,000. • High quality finishes. • Construction start forecast: 2nd qtr 2015. • Construction completion forecast: 2nd qtr 2016.
OR DINKS (DOUBLE INCOME NO KIDS) CLOSE PROXIMITY AND ACCESS
TO BRISBANE’S NEW ROAD NETWORK INFRASTRUCTURE
- CLEM 7, AIRPORT LINK AND THE NORTHERN LINK
- ALLOWS FOR SPEEDY ACCESS TO DESTINATIONS
AROUND THE METROPOLITAN AREA
REALESTATE.COM.AU ADVISES
ARE COUPLES WITH CHILDREN
CURRENT RENTAL YIELDS OF 5.5%
63% OF THE HOUSEHOLDS
AND AN AVERAGE OF 163 VISITS PER UNIT
FAST FACTS
40% OF OCCUPIED DWELLINGS
IN KEDRON ARE RENTALS AND KEDRON’S CURRENT VACANCY RATE IS 0.81%
THE LOCATION PROVIDES
EXCELLENT ACCESS
TO RETAIL AND ENTERTAINMENT FACILITIES BOTH CURRENT AND FUTURE THE LEVEL OF UNDER-SUPPLY IN THE AREA
IS RESULTING IN HIGH RENTAL DEMAND
THE LEVEL OF AFFORDABILITY OF THE DEVELOPMENT
IS BETTER THAN THAT OF THE SURROUNDING AREA AND COMPETING DEVELOPMENTS
APARTMENT FEATURES Parkside Kedron is designed to provide quality living with very low body corporate fees and ongoing maintenance.
FEATURES INCLUDE: • Large kitchens designed for functional living.
• Split-system air-conditioning in living room.
• Kitchens feature stone bench tops with stainless steel European appliances including dishwasher.
• High speed internet and Foxtel provision. • Separate internal laundry.
• Generous balconies for outdoor entertaining.
• Secure undercover basement parking with automated roller door.
• Spacious internal living areas.
• Security intercom.
• Generous sized bedrooms and walk in robes to most rooms.
ARTIST IMPRESSION OF APARTMENT TYPE A
10
1
Parkside Kedron
2
Bradbury Park (10 ha)
3
Prince Charles Hospital + Holy Spirit Northside Hospital
4
Westfield Chermside
5
Chermside Bus Interchange
4 5
3
7
Padua College + St Anthony’s Primary School
8
Wavell State High School
RD
RODE RD 8
GYMPIE RD
Burnie Brae Park
HAMILTON
6
2
6
11
9
AIRPORT 15mins T
T
9
Somerset Hills Primary School
10
Chermside Medical Centre
11
Kedron Wavell Services Club
7
CBD 8mins T
Bus Station Train Line T
Train Station
T
WHAT MAKES KEDRON A GREAT INVESTMENT LOCATION? THE LOCATION
EXCELLENT TRANSPORT LINKS
• Parkside Kedron is positioned 9km from the heart of the CBD, conveniently located close to shopping centres, schools, universities, community facilities and major transport routes.
The location of Parkside Kedron sits within a 10-minute walk of Chermside Bus Interchange with over 1000 buses departing weekly, giving access to all locations 24 hours a day. From here there is immediate access into the CBD in less than 15 minutes via the Northen Busway.
• Behind the property (over the back fence) is Bradbury Park with 10.86 hectares of walking, playgrounds, sports fields and picnic areas. • 1.5km to Westfield Chermside Shopping Centre, the largest shopping centre in Queensland with over 400 retailers, food courts, pubs and cinemas. • 100m to Gympie Road, a significant transport route. • 900m to Prince Charles Hospital. • 900m to Holy Spirit Northside Hospital. • 1.7km to Kedron Wavell Services Club. • 1.1km to the Chermside Bus Interchange. • 1.7km to Chermside Aquatic Centre and the Chermside Library. • Brisbane’s International and Domestic Airports are only 15km away.
CURRENT REAL ESTATE MARKET The current major cycle of growth in Kedron is due, in part to its proximity to Chermside, which is a Principal Centre within South-East Queensland, and in part for its provision of affordable living in the inner north. The inner north is on the rise as a premier lifestyle precinct of Brisbane. With the announcement of a $300 million extension to Westfield Chermside it will continue to develop into a key city fringe precinct with a critical mass of white collar employees.
INVESTMENT INFORMATION
LOCATION
RENTS
Part of the main link from the CBD to the desirable inner-ring northern suburbs and on the main arterial route to the Brisbane International Airport.
The prevailing situation, with relatively little new supply identified for delivery in 2015, will exacerbate the shortage of quality rental properties and underpin rent growth in Kedron.
DEMAND Residential properties in Kedron have experienced a strong underlying demand owing to the suburb’s popular location. Evidence of this is rising prices and the continuing emergence of higher quality projects.
VACANCY RATES There is currently a 0.81% vacancy rate in the Kedron area. This should continue to support strong rental increases, increasing overall returns to property owners.
YIELDS Based on stable price growth and increasing rents, yield has improved to approximately 5.5%. There is the expectation of improving yields over the short to medium term, with price growth lagging behind the increase in rents and a tight vacancy situation with near-full occupancy expected.
ABOUT THE DEVELOPER Limitless is a property developer and builder of residential projects, with an unparalleled track record stretching 18 years in the residential apartment and luxury housing markets. Collaboration with leading contemporary architects and designers has allowed Limitless to move through different markets, delivering a range of residential offerings at the forefront of design and combining creativity with practicality. Limitless aims to make every property, whether it be an investment unit or a luxury house, something that people enjoy coming home to, while delivering a finished product which is always different from the competition. Because Limitless Constructions (the building division) holds an in-house open building license, the company can provide a seamless, reliable process. This ensures consistent and accountable project delivery at the highest level of quality while maintaining flexibility throughout the project. “Limitless takes exceptional pride in their projects and strives to provide ongoing assistance in their completed buildings to drive repeat purchase and loyalty�.
CONTACT Director: Nick Barr limitless.com.au