CURRENT "group Block" OPPORTUNITIES

Advantage Property Consulting has developed a successful and popular group block strategy where we source and negotiate the purchase of whole blocks of boutique un-renovated apartments on behalf of a syndicate of investors and homebuyers.

For the last five years, we have been having continued success with this strategy and in the last two years have purchased over sixty blocks of apartments. Our Group Block's Strategy continues to be a resounding success with most of our projects allocated quickly with waiting lists and many clients waiting to benefit from our creative group strategy.

                       

OPEN FOR INSPECTION TIMES

  Saturday 19th May

25 Ashleigh Ave, Frankston 12:30-1pm

25-27 Ashleigh Avenue, Frankston

ONLY ONE LEFT $275,000 - Block of four updated villa units and three brand new townhouses situated in Frankston.

   

35 Newcastle Street, Newport

SOLD OUT - Opportunity to secure the last two bedroom villa on this block in Newport with two carspaces.

1-6 / 1 Park Street, Pascoe Vale

SOLD OUT - Block of 6 One bedroom apartments with car spaces. Remaining unit has balcony.

   

1-11 / 24 Wright Street, Clayton

SOLD OUT - opportunity to secure last two bedroom apartment with car parking for $285,000 in Clayton.

Past Projects

We have now completed over 60 successful Group Block Projects and provide the following examples of past projects.

 

 

Our Future Opportunities;

  • Cheltenham - Block of eight 2 bedroom updated 1970s apartments (approximately $350k each).  Growth 15% per annum over last 22 years, Rental $350 + per week when renovated, Walk score 88/100 and close to shops, school and train station. 
  •  Reservoir - Block of almost brand new six 1 bedroom + study units (approximately $270,000 each) and one 2 bedroom unit  (approximately $330k) -only four years old so great depreciation benefits.  Median $360k, Growth 12 % per annum over last 22 years, Rental $270 + per week, Walk score 70/100 and close to shops and transport.
  • Brighton East - Block of eight 2 bedroom villa units (approximately $420k). Median $815k, Growth 29% per annum over last 22 years, Rental $350 + per week, Walk score 58/100 and close to shops, transport and schools.
  • Armadale/Malvern - Block of eight 1970's 2 bedroom apartments (approximately $450K each).  Median $678K, growth 20.4% per annum over last 21 years.  Rental of $400+ per week when renovated.  walk score of 83/100 and close to Malvern Road shops, cafes, parks and transport.
  • St Kilda East - Block of seven 1 or 2 bedroom apartments (approximately $300-$450K each).  Median $452K, growth 14.4% per annum over last 22 years, rental $350-$450+ per week when renovated, walk score 82/100 and close to shops, transport and schools.
  • Prahran/South Yarra - Block of eleven 1970's 1 bedroom apartments (approximately $450K each).  Median $565K, growth 12% per annum over last 22 years, rental $350+ per week when renovated, walk score 93/100 and close to Toorak Road shops, cafes, train and schools.
  • Box Hill - Block of eight 2 bedroom apartments (approximately $340K) and four 1 bedroom apartments (approx $250K).  Median $409K, Growth 11% per annum over last 22 years, Rental $275+ pw or $350+ pw, Walk score 72/100 and close to shops, transport and schools.
  • Highett - "Off the plan" block of seven brand new 1 & 2 bedroom units (approx $430K-$490K each), stamp duty savings and depreciation benefits.  Median $460K, Growth 12.7% pa over last 22 years, Rental $350-$420+ pw, Walk score 88/100 and close to shops and transport.
  • Seaford/Frankston - Block of 2 bedroom villa units (approximately $280K each).  Median $272K, Growth 9% per annum over last 22 years, Rental $280 per week, Walk Score 48/100 and close to shops, transport and schools.
  • Moonee Ponds - Block of ten 1 bedroom apartments (approximately $260k each). Median $439k, Growth 13.8% per annum over last 22 years, Rental $275+ pw, Walk score 88/100 and clsoe to shops, transport and schools.

 For more information regarding any of these opportunities, please contact our office by calling 9531 0155 or email ayaramanis@advantageproperty.com.au.