“No city of comparable size has quite the connection into the future prosperity of the
Australian nation as does Townsville. Townsville ranks in my mind as the sturdiest regional
economy in Australia” Bernard Salt KPMG

The Project:
* 49 apartments in the first precinct (one, two and three bedroom)
* Priced from $299,000 to $399,000

The Investment:
* Positively geared investment with Government guaranteed NRAS allocations
* Up to $18,450 a year savings in tax ($354 per week)
* Up to $25,000 savings for first home buyers
* $10,000 Queensland Government Cash Back for purchasing a brand new apartment before
April 30th 2012

Reasons to Invest in Townsville:
* Townsville is the largest city in far North Queensland and has the fastest growing population in
Queensland
* Since 2005, Townsville’s economic growth has been four times the national average and 1%
more than China each year
* $52 billion worth of projects planned and currently underway
* Townsville’s population will increase by 69,000 over the next 10 years
* The Housing Institute of Australia (HIA) estimates that 2000 residences are required each year
to accommodate the population growth
* The current construction rate is equal to only half of that – 1,000 residences
* Rental vacancy rate is 0.6% in the entire region
* Real estate capital growth is equal to 62% over last 5 years to 2010 (av 11% pa)
* Business is booming in Townsville which will have a major effect on residential property
creating a huge under supply. Therefore stability being assured in the local property market.
* Makes Townsville one of the hottest places to invest in property over 2012

And Finally:
* With residential under supply, significant capital investment, booming population and robust
stable economy, Townsville is a secure and lucrative opportunity now and into the future

“Townville is at the bottom of the property cycle. Now is the time to buy.” HTW July 2011

Don’t delay; call me to chat about how you can save money each year by purchasing an apartment in Castle Point.