Adelaide's East End development offers free stamp duty on apartments

Adelaide's East End development offers free stamp duty on apartments
Adelaide's East End development offers free stamp duty on apartments

A developer is offering apartments with free stamp duty till June 30 in Adelaide.

East End apartments, located at 293 Pirie Street, are positioned with the CBD and come with all the lifestyle benefits of living in the city, according to the description on their website.

Located on the edge of Rymill Park, the apartments are close to the food and wine mecca of Rundle Street. The are close to venues of all the festive events and activities that Adelaide enjoys and is known for on the world map – Clipsal 500, Adelaide Fringe and so much more, it says. The development is also close to schools and universities.

A partnership project from developers Wellstone and Regional Pacific Capital (RPC), East End offers 145 apartments in combinations of one bedroom, two bedroom and three bedrooms with or without car parking. 

Prices start from $379,000 for a two-bedroom, one bathroom apartment and go up to $599,000 for a three-bedroom, two bathroom apartment.

East End apartments were also named in the national top 10 of most clicked-on apartments, according to a post on www.realestate.com.au.

Colliers International, which is marketing the project, said the free stamp duty offer is for apartments at or below level 8.

Not just that, the ad says there are rental guarantees on some apartments.

The campaign says rental yields are expected to go up to 6.11 percent in the years to come as Pirie Street evolves.

The marketing for East End apartments is by Colliers’ Nick Pelvay and James Polacek.

The project is expected to be completed by 2018 end.

 

Tags: 
Adelaide New Apartments

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