There’s great news for property buyers and investors as iBuyNew Group Limited is now expanding its off the plan property sales to South Australia
Initially concentrating on the apartment market, iBuyNew will be offering its first apartment in the Adelaide CBD within the prestigious Park Square complex situated along South Terrace. Following this, a further property range will be added to South Australia including apartments, townhouses, house and land packages plus residential land sales.
CEO Alex Caraco said, “Park Square sets a new benchmark for contemporary Adelaide living with 1, 2 and 3 bedroom apartments available for between $335,000 and $1.6 million.”
“The property will offer exceptional views and the complex features premium amenities including a large indoor heated pool, spa, steam room and a gymnasium.”
South Australia presents strong investment opportunities, helped by its affordability alongside the great range of buyer incentives currently available and the major regeneration projects within the Adelaide CBD. The South Australian Government is currently investing $1.85 billion over the next decade to build Australia’s most advanced hospital – the New Royal Adelaide Hospital.
One such incentive includes the stamp duty concessions of $15,500 for off the plan apartments which were due to end on 1 July 2017. This has now been extended by an additional 12 months.
“First homebuyers who purchase an apartment off-the-plan could be entitled to more than $40,000 in assistance under State Government measures to stimulate jobs and activity in the building industry,” Mr Caraco said.
“There is also a new $10,000 pre-construction grant for the next three months for off-the-plan apartments in buildings yet to start construction.
“Another great reason to invest in Adelaide is a measure which exempts investors from land tax for five years if they buy eligible off-the-plan apartments.” Park Square
is available to buy now and is set to become a visionary new landmark, positioned within easy walking distance of the city’s amenities and all the services you require.
Inside you are met by superbly crafted homes and luxurious finishes throughout including wooden floorboards, marble bench tops and European stainless steel kitchen appliances.
The communal roof deck with its many sun lounges makes the ideal place to kick back and relax, whilst the kitchen and barbeque allows residents to cook up a feast and enjoy alfresco gatherings with friends and family. You can also enjoy the spectacular indoor pool, connecting with a spa, sauna and fully equipped gymnasium for an even greater luxurious lifestyle.
With its expansion into the South Australian market, iBuyNew now offers a great range of new off the plan apartments, townhouses and house and land packages across New South Wales, Victoria, Queensland and Western Australia.
For those property buyers who are seeking more affordable properties, then the median dwelling price in Adelaide according to CoreLogic stands at $440,000 at 30 June 2017, compared to the median dwelling price of $497,200 in Brisbane, $675,000 in Melbourne and $880,000 in Sydney. In fact, Adelaide is currently the second most affordable Australian city after Hobart’s median dwelling prices of $355,000 and investors should not be overlooking this up and coming city.
Get in touch
Interested? Contact the iBuyNew team today to discover more about the latest property range and discover Park Square’s full amenities, prices and floor plans, ideal for first home buyers, owner occupiers, downsizers and investors.
Call 1300 123 463
today and compare our great apartment range now.
Published on 6th of July 2017 by Marty Stanowich