MADISON HEIGHTS CONSTRUCTION SOARS TO LEVEL 28 AS 95% OF APARTMENTS NOW SOLD

This development Bowen Hills is soaring to new heights with construction commencing on level 28 and due to reach its peak of 30 stories within weeks The 308 apartment development is now 95% sold with sales totalling more than $125 million Commitments to the ground floor retail space are also gathering pace with Subway joining other high profile tenants IGA and Celebrations bottle shop that can be seen from all access points to the city and as the building had progressed so too had the number of apartment sales, and enquiries from retailers Madison Heights success can also be attributed to the strong market fundamentals of the local area including Fortitude Valley and Bowen Hills During March quarter, Bowen Hills recorded a vacancy rate less than 1% and prevailing vacancy rates across both Bowen Hills and Fortitude Valley are currently sitting below 1.2%.

This Is great news for investors as tight rental dwelling supply generally equates to rising Rents he said Average gross rental yields across the Bowen Hills and Fortitude Valley suburbs currently sit at 5.6%. With its modern styling and quality fittings has been a winner with buyers looking for an inner city apartment in the fast growing suburb of Bowen Hills Bowen Hills is one of the up and coming areas in Brisbane with the RNA Showground redevelopment and its growing dining and entertainment precinct. Madison Heights is at the center of this exciting precinct and its a great investment for buyers Featuring 308 apartments over 30 levels Madison Heights will be located in the center of the vibrant and exciting suburb of Bowen Hills.

The apartment boasts two stunning Sky Terraces where guests can mingle with their neighbors while enjoying spectacular views teppanyaki grill barbecues and cool breezes remaining apartments start from just $295,000. All apartments at Madison Heights will feature gourmet kitchens with top of the range stainless steel European appliances, custom cabinetry and gas cook tops.

The luxurious bathrooms will feature stone bench tops, porcelain and ceramic and stylish finishes. The company currently has a portfolio of projects concentrating on quality affordable residential high rise projects and broad acre land development in Queensland, Victoria and South Australia.

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Property Code: 2005870280