Wednesday, June 11, 2014

Art on the Park - Melbourne

The wife and I are currently vacationing in Australia and have spent the past 2 days in Melbourne.

We happened to chance upon the advertising below for Art on the Park, a completed project that is located next to our hotel at Williams Street. Williams Street is just a couple of blocks away from Melbourne CBD and there is a beautiful park (Flagstaff Gardens) just across from Art on the Park. The famous Queen Victoria Market is a mere 5 minutes' walk away.

The sales office was closed but a search over the internet revealed that the current asking price for 1-bedroom apartment of about 545sqft is around A$456,000. So the gross rental yield is just a tad over 4.3%.

Those interested can access information about Art on the Park by clicking on the link below:


Anonymous said...

Singapore Private resale home prices down 1%..29 May 2014

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