You love the moderness of the New york warehouse style but still enjoy the traditions of entertaining freinds at home.

Up until now it’s been difficult to have the best of both worlds – but then there hasn’t been CAPRI.

Make the most of Melbourne’s Urban Renewal by investing in affordable areas close to the City.

Priced from just $345,000 and backed by a A+ Rating from Braxton Chase – One of Australia’s Leading Property Research and Investment Firms, this small apartment development is worth serious consideration.

Reservoir is just 15km North of Melbourne, close to public transport (critical in Melbourne – 30 mins to the CBD by train, Epping Line)or just 20 minutes by car with Capris Apartments one of the first luxury apartment development in the area.

Reservoir has experienced phenomenal 17.1 % capital growth in the last 12 months, plus high rental growth of 11% per annum match by a tightening of the rental market and a falling vacancy rate (1.6%).You are provided with a 12 month gross rental guarantee 5% from settlement.

There is a massive amount of redevelopment in the area planned – some of which is already underway:

Civic Square Redevelopment
High St Northcote Gateway Project
Reservoir Leisure Centre Redevelopment
Northcote & Preston Town Hall Redevelopment
Crisp Park Pavilion Renovation
New Westfield Shopping Centre to be built

Comprising 5 townhouses and 22 apartments with a popular New York warehouse design and smart functional floor plans, there’s a property for every budget with most under $5000 per square meter.

Affordable luxury with sizes to accommodate all modern needs. Capri Apartments range from 1 or 2 story apartments to 2 story townhouses each with 2WC, ensuite and all include a grand balcony with enough space to entertain on.

MAKE HUGE SAVINGS on your STAMP DUTY by purchasing off-the-plan (Save approx $17,000).

High standard of finish including:
Stainless steel appliances — fridge, dishwasher, stove, washer/dryer
Window blinds
Keyless electronic door locks
Audio-video intercom security system
LARGE SCREEN PLASMA TV
Data cabling, Pay TV, Phone & aerial connections
Timber floors (optional)