Investment
Windy Hill apartments present a unique and rewarding investment opportunity in the most highly-prized area north-west of the CBD. Essendon has an outstanding reputation for quality housing, the finest amenities and extremely strong capitol growth. It’s proximity to public transport, cafés/restaurants and other lifestyle attractions make Essendon the ultimate location for convenience and urban practicality. And with the ever increasing population, Windy Hill and surrounds is sure to strengthen its position as a major transport, shopping and recreational hub.
Rental returns in Essendon continue to outpace many other surrounding areas – particularly those properties with quick access to Essendon Station. With only 6 stops between Essendon and Flagstaff/Southern Cross Stations, commuting in and out of the city on a daily basis is a breeze. The No.59 tram arrives in town down Elizabeth Street past the Queen Victoria Market and Melbourne Central. Outbound, the line terminates at Airport West Shopping Centre – great shopping at either end of the line!
Of course, any new property will have a number of depreciable items creating potentially significant tax advantages for investors. Download the PDF document below for a more detailed description of the Depreciation Schedule and Projected Rental Returns.