Palladium Tower Melbourne, Australia

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Property type: Apartments/Flat


Project Highlights

  • 1-3 bedroom units
  • Amenities:
    • Golf Simulator room,
    • large gym,
    • steam room,
    • BBQ area,
    • dining spaces,
    • lounge area (400 sqm of indoor and outdoor space),
    • swimming pool with a stunning view from the 41st floor
    • 8 levels of car park spaces

Investment Highlights

  • 98/100 walk score
  • 8 mins walk to Victoria University, 15 mins drive to Melbourne University
  • Prices start from $415k
  • Developed by a trusted developer in Southbank, Salvo
  • Woolworths supermarket on the ground floor
  • Walk across to Crown Casino and nearby retail shops
  • 2 tram lines on both sides that lead into the CBD near the Free Tram Zone
  • High rental yield with an average of around 5.2%.
  • Tower is fully FIRB approved
  • Pay only 10% deposit — no further payment until completion anticipated by 2020
  • Southbank is subject to three separate major Council Investment projects worth a combined $40 million which directly impact the capital growth for property owners in Palladium Tower.

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