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SAVILLS AND R.CORPORATION TO RELEASE BOUTIQUE MELBOURNE APARTMENTS

In response to Australian investment demand in Hong Kong, Savills and R.Corporation are offering unique Melbourne apartments from A$425,000.

The showcase of property will be held at Hankow I, 6/F, The Peninsula Hotel, Salisbury Road, Kowloon, Hong Kong.

The Lincoln is an apartment building designed with R.Corporation’s stylish signatures that offers city views, park frontage and Paul Bangay gardens.

Designed with the tenants in mind, apartments are delivered with quality, durable finishes, Bosch appliances, tiles and stone bench tops. Each apartment offers outstanding value with a secure basement car park, storage and low owners’ corp fees.

The Lincoln sits within The York precinct by R.Corporation in West Brunswick, where significant rental demand far exceeds greater Melbourne’s rate (46% vs 28%, Urbis). Residents of the inner city suburb are mostly white collar workers and tertiary students due to the easy proximity to Melbourne, Monash and RMIT universities as well as key employment hubs.

West Brunswick is an emerging suburb in popularity, increasingly known for its green residential neighbourhood and tree-lined streets. Limited supply of new apartments in West Brunswick has driven the price growth to 7% per annum, outperforming some of Melbourne’s most popular suburbs. Surrounding suburbs include Moonee Ponds, Parkville and Essendon, where the median house price has exceeded A$1m, making West Brunswick a favourable choice for potential growth

R.Corporation continues to select emerging sites in Melbourne that deliver true wealth creation for their customers.

Christopher Moreira, R.Corporation Sales Manager stated “We have a proven track record of delivering successful residential developments, the benefits of which continue to be enjoyed by our customers today. It gives our buyers confidence that each development we deliver is another quality, well-designed address that builds our customers’ wealth.”

Thomas McAlister, Savills Director and Head of International Residential stated “We’re delighted to be working with R-Corporation, an established Australian developer who have a proven track history of delivering high quality residential developments to the Melbourne market. Our goal is to continually deliver the best residential investment options from across the globe to our customers and The York fits perfectly; an attractively priced scheme by a reputable developer located in a booming suburb of the worlds most liveable city.”

For more information on the development, please contact Savills International Residential Sales on +852 2842 4472 / IRS@savills.com.hk. Alternatively we will be exhibiting on 9 th to 10 th April, from 11am to 7pm at Hankow I, 6/F. The Peninsula, Salisbury Road. Hong Kong.