Investor Dream, ‘Windsor Life’ Now Sold Out

Investor Dream, ‘Windsor Life’ Now Sold Out
27 Apr 2010

Leading Melbourne builder Ravida Group has today announced the sell-out success of its outstanding residential development – Windsor Life.

The final four apartments of the highly sought-after 40-apartment project were snapped up this week by keen investors wanting to capitalise on this savvy investment opportunity.

Located on Dandenong Road in Windsor and comprising a range of studio, one and two bedroom apartments featuring open plan living and dining spaces, either a courtyard, terrace or balcony, and basement car parking, Windsor Life has been popular among first time buyers and investors.

Seeing the growing potential in the Windsor area, and drawn to the quality and reliability of the Ravida name, Harry Vlazakis purchased an apartment at Windsor Life in 2009.

“I was keen to get into the market for an investment property – having previously purchased a Ravida home for myself, I was very impressed with the quality and attention to detail, and looked into the other possibilities Ravida offered. We jumped at the chance to purchase an apartment at Windsor Life and have since had my work colleague buy one, too,” Mr Vlazakis said.

Situated in the much sought-after inner-city suburb of Windsor, the $16.5million, 40 apartment development by Ravida is located just a stone’s throw from Chapel Street, public transport and local amenities.

“I have always considered Windsor a ‘blue chip’ area with plenty of local amenity and lifestyle opportunity. With Chapel Street moments away, the apartments are in a central location and close to transport which is essential when considering a property’s investment potential. As Melbourne’s property market continues to boom, we have peace of mind that our investment into Windsor Life will bring us solid returns and a sense of security for our future. The firm has always had a strong reputation in the building industry for its incredible home designs with all of the little extras included – Ravida really is a builder you can trust,” Mr Vlazakis said.

Designed by renowned Australian firm Hayball, the four story Windsor Life development has sold in quick succession since the official launch late in 2008 and is due for completion later this year.

Ravida Group managing director, Don Ravida, said the sell-out success is another great result for the Group.

“Demand for our Windsor Life apartments has been strong and consistent with the remaining handful being snapped up so quickly. We have struck the right chord with buyers, both investors and owner occupiers, who have recognised Windsor Life’s potential with its central position and lifestyle offerings. Windsor Life is a striking contemporary building designed by Hayball and is already making an impression on Dandenong Road. It is due for completion during October this year,” Mr Ravida said.

For more information, please visit www.windsorlife.com.au

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