Archive for May 10th, 2009

Property investors should start planning now and take advantage of the next upturn in the property cycle, according to quantity surveying firm Asset Economics.

“Property booms never last but neither do property busts.”

To take advantage of the next boom, investors need to make sure they’re buying for long-term capital growth remembering to take in account the ripple effect.

As our next property cycle comes around, it‘ll be the most desirable and sought-after areas that start growing first, and these are generally the most affluent suburbs too.

From there, capital growth starts to ripple outwards!!

551 Punt Road SOUTH YARRA

Renovated from the ground up with no expense spared, this stunning home has been re-stumped and rewired with new double glazing.  It features a stunning gourmet kitchen opening on to a large family room at the rear and overlooking a picturesque back garden with entertaining area …accommodation includes three huge double bedrooms plus study (master with ensuite) formal sitting room, all with 12 ft plus ornate Victorian ceilings!

There’s 4 open fire places perfect to share a glass of red and fall asleep in front of, stunning new timber floors with brass inlay and ducted heating! 

There’s off street parking for  a number of cars including a car port, as well as a double storey

cottage / studio. 

This beautiful home is a truly beautiful example of a timeless triple brick “Victorian” superbly decorated with feature gold leaf!