Oaks represents great value with their choice of highly functional floorplans, the highly connected location, the quality of build and the generous landscaped spaces and amenities offered – designed and built by the same reputable team that brought Ivy to life (next door), the potential for success is clear.
Oaks is nestled alongside Trilogy and Ivy which are both Amalgamated Property Group developments and each are continuing to see strong rental returns. Purposely designed to complement each other, Amalgamated has ensured that these lifestyle precincts flourish and investment potential is maximised.
A one-bedroom apartment in Trilogy is seeing average rents of $400/wk, one and two-bedrooms at Ivy achieves between $410 and $560/wk and it is predicted that a one-bedroom unit at Oaks will achieve rents between $410 – $430/wk.
I’ve heard a lot of horror stories of buying-off-the-plan, but I did my research and felt confident buying from a reputable developer who would deliver a quality product. The amenities are also a major drawcard for tenants.
| 1 Bed at Ivy |
| Rental rate $560/wk |
| Time to find tenant: 1 wk |
I invested here for a number of reasons including the ideal location for quality tenants, amenities and standard of inclusions but most importantly, since I have a civil engineering background, I chose Ivy because it was being constructed by a reputable builder.
| 1 Bed at Ivy |
| Rental rate $550/wk |
| Time to find tenant: 3 wks |
Compared to other developments I considered, the difference I found was in the reputation of the developer, the quality of finish and the great floorplans and inclusions.
| 2 Bed at Ivy |
| Rental rate $530/wk |
| Time to find tenant: 1 wk |
Well positioned within the Woden Town Centre and the geographical centre of Canberra, Oaks presents a fantastic property investment opportunity and we are seeing repeat investors from Trilogy and Ivy as well.
Oaks presents a desirable location for renters who work at the nearby employment hubs such as the Canberra Hospital and government departments, whilst improvements in the public transport networks and the proposed light rail network set to run adjacent to Oaks, will ensure the region continues to thrive. With an abundance of amenities to suit all lifestyle needs, Oaks offers an opportunity to be a part of the Woden Town Centre rejuvenation.
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