Martin and Powlett – situated in beautiful Heidelberg – is in an excellent location, just 100m from the Austin Hospital. There is currently unprecedented demand for housing in the medical precinct, fuelling rental demand and creating unparalleled investment opportunities.
One of the most famous investment quotes is by Warren Buffett – “be fearful when others are greedy, and greedy when others are fearful”. It is this approach combined with an incredible deal on offer that has seen Martin and Powlett as one of the fast selling projects in Melbourne during COVID-19. The possibility of a cash-flow positive investment from day one has also been a huge driver for investors in the project*.
At the end of the day, when we take stock and look closely at our property market, the fundamentals are still incredibly strong. There is unsurpassed levels of net population growth sitting at over 140,000 per annum for Victoria – which is understandably driving demand for housing.
The supply of new apartment dwellings has diminished significantly in recent years, with new apartment sales dropping from 51,480 in 2015 down to just over 12,000 in 2019. This resulted in record low vacancy rates and climbing rents prior to COVID-19.
Martin and Powlett Heidelberg is one of the best investments in the Melbourne market, offering outstanding value – with large two bedroom apartments priced from $568,000. Each of the two buildings has a breathtaking rooftop garden with BBQ areas, and resident’s cinema – which is sure to attract high-calibre renters and owner-occupiers. The striking architecture is the work of acclaimed architects CHT, and the design of Martin and Powlett was inspired by the spectacular views and the leafy, tree-lined streets that Heidelberg is known for.
The developer, Blue Earth, has worked to de-risk this opportunity for investors offering a number Coronavirus Guarantees for a limited time, including a job loss guarantee; where if over the duration of COVID-19 lockdowns you lose your job, Blue Earth will give you a full refund on your purchase, and a 12 Month Rental Guarantee; with rent guaranteed at 4.5% minimum.
A buyer’s market is when smart investors build their fortunes. Don’t just rely on your own research to find the best deals in the market – the experienced team behind Martin & Powlett are partnering with leading property advocates and experts to help clients capitalise on this time of opportunity in the market.
Enquire today to find out more about Martin and Powlett or to book an appointment to receive a FREE personalised investment strategy from one of Australia's leading property advocates, valued at $1,000.
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For more information on how you can secure your dream apartment at Martin & Powlett, click here.
*Positive cash-flow factoring negative gearing subject to personal situation and property selected.
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