Archive for May 10th, 2009

Property investors should be planning ahead to take advantage of the next upturn in the property cycle, that’s according to quantity surveying firm Asset Economics.

“Property booms never last and neither do property busts,” the firm says in its latest newsletter.

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

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

From there, capital growth starts to “ripple outwards!!”

551 Punt Road SOUTH YARRA

Renovated from the ground up with an open mind and an open chequebook, this stunning home has been re-stumped and rewired with new double glazing.  Featuring a stunning gourmet kitchen which opens to a large family room at the rear overlooking the back garden and 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 fall asleep by with the winter impending, stunning new timber floor with brass inlay and ducted heating! 

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

cottage / studio. 

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