Page 22 - 38-42 Atchison Street, Wollongong
P. 22

Avante - 3 Rawson Street, Wollongong
        Radiance - 6 Beatson Street, Wollongong
                                                                                       This  is  the  original  site  that  both  George  and  yourself  were
        Total  of  33  Units.  Close  proximity  to  beaches  and  CBD.  Just  over
                                                                                       negotiating on Cnr of Rawson and Railway Street, Wollongong. This is
        70% sold with 1 b/r selling from $490,000, 2b/r from $630,000 and
                                                                                       a future development that will eventually come to the market they are
        3b/r $780,000.
                                                                                       going from 77 units to I believe 122 units reducing the overall sizes.
        The apartments which have sold are located on primarily the higher
                                                                                       Similar  location  to  38-42  Atchison  St  being  close  to  CBD,  transport
        floors and as such the vendor has increased his prices to benefit as
                                                                                       and hospitals . This development is still in its second application as
        he  has  passed  his  pre-sale  target  and  satisfied  the  banks
                                                                                       first try of 134 units was rejected. Suggested starting prices 1b/r price
        requirements.
                                                                                       leaders in middle to late $400’s, 2 b/r price leaders in middle to late
                                                                                       $600’s, 3b/r on the higher floors suggested $900’s plus.































         Stone  |  38-42 Atchison Street, Wollongong
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