Karam Group has announced it will match the Queensland Government’s first home owners’ grant with an additional $15,000 for first home buyers purchasing eligible apartments
Brisbane developer Karam Group has announced it will match the state’s first home owners’ grant with an additional $15,000 for first home buyers who purchase an eligible apartment at their Coorparoo project, Maasra Apartments.
The $15,000 Developer Grant will see eligible first home buyers receive up to $45,000 towards their new home, with the development also qualifying for the Federal Government’s $15,000 HomeBuilder grant.
Hindmarsh Construction Australia has started work on a $102 million mixed use development in Coorparoo, qualifying the project for the federal government’s HomeBuilder grant.
Karam Group director Anthony Karam said he was pleased to announce the additional grant to help first home buyers get their foot in the door of a brand-new apartment.
“This is a terrific opportunity for first-time buyers to get into the market, as saving this kind of money takes most people years,” he said.
Designed by HAL Architects, Maasra offers residents access to a podium recreational space with multiple resort-style entertainment areas at an entry-price of $399,000.
Amenities include a 25-metre pool with timber decking, sun beds, beautifully landscaped surrounds, a residents’ lounge, a gym, and retail space on the ground floor.
“Maasra Apartments in Coorparoo is perfectly positioned for eligible first home buyers wanting to purchase a quality apartment in a prime city location,” TOTAL Property Group managing director Adrian Parsons said.
The apartment’s inner-city fringe location of Coorparoo appeals to young professionals seeking to buy an apartment in an area with transport infrastructure and lifestyle offerings on its doorstep.
Parsons claimed the area was one of Brisbane’s most vibrant lifestyle hubs.
“The Brisbane property market is currently in its prime,” Parsons said.
With the advantage of flexible working arrangements and Queensland’s desirable climate, affordability and lifestyle, Brisbane is a very attractive place to live.
Article Source: www.urban.com.au
Published in QLD Property Investor HERE.