Hi all,
I am thinking about purchasing a property on one of the towers in the Peninsula, Burswood Western Australia.
650k for a level 7 apartment 2 bed. Pay 10% deposit now and settlement is for 2 years.
I want to pay for the deposit now, hold it until 2 years and sell it.Has anybody bought in places like these?
or is this a death trap only for the filthy rich?thanks,
Hong Tran
Hi K3ymaker,
We use to deal with ,and reside next to, the firm that was behind Burswood Towers that is being built just back from the Pensiula.
From what I gathered (this was a few months ago) the demand for purchase of the properties off the plan was quite high and they had some interest from overseas.
There’s quite a bit going on in and around the Burswood area from the new hotel, to the upgrade and construction of apartments along Great Eastern Highway (backing onto the river) and there was talk of some re-zoning around the Pensiula itself (where its currently light-industrial I think).
Was pretty ‘gossip-based’ what I heard but from an observational stand point things definately look like they are moving in and around the area.
Not sure if that helps? Hope so.
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