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Overseas Property News
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Luxury Australia property for less
Country: Australia
28 July 2009 UK developer Laing O’Rourke, one of the UK’s largest privately owned construction companies, is currently building luxurious homes in Australia, which they claim are priced at 30% below those of other beachfront residences in the region. The idea of owning an Australia property near the beach, yet close to the buzz of central Sydney, has long appealed to Britons, but has generally been out of reach for most people. The development, called Latitude 33º, is a boutique selection of 26 interior-designed two and three-bedroom apartments, currently being developed at Manly Beach, one of Australia’s most famous beach-side suburbs. Despite the current economic downturn, buying property in Australia is set to be a solid investment. According to BIS Shrapnel's Residential Property Prospects, 2009 to 2012 report, the Sydney property market will show strong price growth of up to 19% over the next three years. Demand for the scheme, which is located within 100 metres of sand beaches and a 15-minute ferry ride to the heart of Sydney, is proving extremely popular with phase one sold-out within the first eight weeks of launch. Laing O’Rourke Australia Managing Director Matthew Furrer said the company would not only develop the complex but would also use its construction expertise to build the apartments. “Latitude 33º is a high-end development and all aspects including design, construction and interior design, will be of the highest standard,” Mr Furrer said. “This is a development we are very proud of and that will be a testament to the quality of construction for which we are renowned.” The complex comprises two modern pavilions – the Denison and Whistler Pavilions – with the design complimenting the art deco elegance of the 1919 Camelot façade. Latitude 33º will include a mixture of garden, beachside and penthouse apartments, which have an internal floor space of between 904 square feet and 1517 square feet. They range in price from £650,000 to £985,000, which is on average 30 per cent lower than new beach-front apartments. Construction will begin later this year and the complex is due for completion by December 2010.
See Also: Australia, Marc Da-Silva, Sydney
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Price: £194,000
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Type: Land
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Featherbrook at Point Cook – only 25 mins from Melbourne Central Business District
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Price: £207,900
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Type: House
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Bedrooms: 4
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New House and land packages, in the new growth coridor.
600sm 4 bedrooms and 3 baths, lock up garage. Tired of the old houseing style of old Europe. Everything is new, new, new
in Caboolture. Low rates, and maintance
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Price: £214,200
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Type: Apartment
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Bedrooms: 2
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Ocean frontage, 2 bed, 2 bath. 90sm. Near new in well kept resort. 70% Occupany all year around. Low season tariff 145
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Price: £287,500
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Type: House
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Bedrooms: 1/2
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Featherbrook at Point Cook – only 25 mins from Melbourne Central Business District
With its vast open spaces and specially designed recreational areas, Featherbrook, Point Cook offers residents the very best in lifestyle options.
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View details | Enquire further
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Price: s £367,000
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Type: Apartment
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Bedrooms: 1,2,3
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Description - Mainpoint - Melbourne’s newest land mark residential tower is a fantastic opportunity to secure your future.
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