Luxury meets convenience: the new standard in upmarket residences

July 11, 2011 - PRLog -- Designer finishes
Sweeping views
Enviable location

Once upon a time, any of these could have primed a property for a solid sale. Yet floundering property prices and high supplies of discounted premium stock means savvy buyers are demanding more when it comes to purchasing their dream home.

With traditional high capital growth the CBD, City South and Pyrmont facing the lowest capital growth over the past 15 years (Source: Mymoneycalculator.com.au), the market is roaming broadly when researching strategic investment areas.

Now, it seems its North Sydney’s turn to steal the limelight. With great transport links, easy supermarket access and an abundance of shops, restaurants, gyms and other trappings of a modern cosmopolitan lifestyle, the suburb is packing a punch with young buyers.

With 44% of buyers being between 20 and 39 (source: Domain.com.au), strong growth potential and fast development is on the cards.

Poised in the heart of North Sydney, the iconic Beau Monde development has never had trouble attracting attention. The soaring 36 storey sky scraper, situated at 77 Berry St, is the tallest building in the North Sydney skyline, offering purchasers a range of blue chip apartments, from convenient studio to sub penthouse residences.

Charles & Stuart Principal Andrew Veron, appointed sales agent for the project, says the building’s strategic location has been a big force behind successful sales performance. “Sydney buyers are spoilt for beautiful places to live.”

“Now, with luxury stock flooding the market, buyers want a clever investment that enjoys sweeping skylines whilst having the best of inner city living – without the inner city price tag.”
High demand in the area is increasing rental yields and lowering vacancy rates, and both, investment and owner occupier stock is set to increase in value and profitability of a North Sydney purchase.

“As our attention turns to our higher-prices two bedroom, three bedroom and sub penthouse residences, the location is working to our maximum advantage”, says Mr Veron.

One 3 bedroom apartment, situated on the 30th floor of the development, enjoys commanding views and 134 m2 of opulently appointed space.

Another prestigious sub penthouse commands a breathtaking east/south east panorama that takes in views of the Harbour Bridge, opera house and city skyline, offering true inner city sophistication and convenience from the convenience of North Sydney CBD.

With only a handful of apartments remaining, Mr Veron remains confident about the sales potential of the signature apartments.

“Beau Monde is the most prestigious address in a buzzy, fast-growing area. This is truly where the smart money is”.

Visit http://charlesstuart.com.au

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Real estate agents in Sydney's Double Bay. Specialities include project marketing, property management, site identification and sales and general listings.