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Lantern – MAY 2017

On behalf of the developer, we present May 2017 updates from the construction site of Lantern apartment in Collingwood, Melbourne.

There has been marked progress on the site of Lantern apartment and this is evident in the images and update provided by the developer. With site set up, bulk excavation and basement works complete, the next four phases of construction is now ongoing and we are looking at a late 2017 settlement.

About Collingwood

Collingwood is one of the hottest property spots for young professionals. Hip, happening and increasingly gentrified, it is home to some of Melbourne’s best food and retail outlets, art, culture and fashion. This former industrial hub is now a magnet for creative people – artists, musicians, designers and their ilk.

Nestled between Ftizroy Garden’s miniature village (South), Yarra Boulevard’s cyclist and kayaker haven (East) and Carlton Gardens’ historical, manicured lawns (West), Lantern is centrally located. It cuts a striking silhouette in this modern Melbourne suburb. Head to Smith Street – just one block away from Lantern – for a trip to the vintage boutiques, inventive bars, street art, amazing eateries and lots of shopping.

Investment Highlights

  • 0.7% vacancy rate, tighter than Melbourne’s 4.4%
  • Only 3.2km to the CBD
  • Only 2.1km to Melbourne Uni
  • Accessibility: the iconic tram 86!
  • Increase in property median pricing in Collingwood
  • Average household income is 10% higher than Victoria
  • >50% of Collingwood population are young professionals and in managerial roles

Project Highlights

  • European-style kitchens
  • Upscale Bosch appliances
  • Porcelain benchtops & splashbacks
  • Grey oak timber floorboards
  • Roof top recreation deck & al fresco dining
  • 24-hr CCTV security & access to selected floors
  • Car parking for selected units

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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