Hi all
I just found this wondeful site and have laerned quite a bit.
I live in Singapore and been on a number of holidays in Australia. My family likes Australia. Hence am thinking of investing in a property. We like Melbourne and when I saw this ad in our local paper on Verve 501 being developed by PDG Corp, my interest is piqued. I’ll be going for the exhibiton tomorrow.
It is located at the junction of Franklin, Victoria and Swanton.I know that area, but can’t say that I am that familiar with it.The devpt will be completed in 2006. It is being priced at A$4,000+ per sq metre.
I am looking for a longer term play here, so timing wise looks fine with me.
Any advise on the developer, location, and price?I was in Melbourne yesterday, and have never seen so many cranes in my life! Some towers are complete, with many more under construction.
I would suggest a research trip to satisfy yourself that Melbourne CBD is not heading for a massive oversupply before buying anything.
The topic ‘Newbie Needs Advice’ is closed to new replies.
