CY Magazine - Issue 78

Cirque Luxury Apartments 3 June 2017 / Issue 78

08 9385 5559 / www.capornyoung.com.au

WELCOME

Richard Young - CEO, Caporn Young Estate Agents

BUSTING THE WINTER MYTH One of the most important economics lessons any aspiring business person learns is the power of supply and demand. When a product is hard to come by, and there’s demand for it, prices can go up and up. The sky is the limit. But if a market is flooded with a lot of similar products, buyers are able to shop around for the best value and that premium price will be harder to achieve.

that some of the best results are achieved in the Winter months.

This dynamic has a particularly strong effect on the real estate market, because the level of buyer competition often has a direct correlation to the price achieved.

You might remember a couple of weeks ago Perth’s weather was so bad, it was all over the news. That same week, the team here had 501 buyer enquiries, and 353 physical buyer inspections.

Yet, when it comes to selling a property, many homeowners assume that Spring is the best time to launch, because that’s when three other people on their street are putting their home on the market. Having been in the real estate industry for some decades now, I can confidently say

It comes back to supply and demand. In Winter, there are fewer properties available, but plenty of buyers still around.

CY Magazine is published by: Caporn Young Estate Agents - Claremont Head Office 4/355 Stirling Highway Claremont, WA 6010 For advertising or other enquiries, please contact Patricia Cheah on (08) 9385 5559.

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The power of supply and demand far outweighs the power of your garden looking its best. I will go so far to say that a rainy, cold day is perfect for a home open. That’s because people won’t be heading to the beach, out in their boats, for a picnic in the park, or a barbecue by the river.

Likewise, there was a very memorable sale in July last year – rain had plagued every home open and there were Force 8 winds and horizontal rain on auction day. It turned out to be our most exceptional result of the year!

COVER: : Luxurious Cirque Apartments in Mount Pleasant. Visit cycirque.com.au for more details or call Steven Currie on 0413 984 569 or Emma McCarthy 0417 920 448.

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FEATURE PROJECT NOT JUST ANOTHER DEVELOPMENT…

This corner of Mount Pleasant is engaged in a process of regeneration and from this jewel of a waterside neighbourhood emerges CIRQUE, a development that has the impact and ability to define a new river precinct for the city.

A beautiful building rising high into the skyline, bold and contemporary design that will become the new heart of this established community – appealing to young couples, growing families and empty nesters, or indeed anyone who loves the idea of generous rooms, unparalleled levels of finish and amenity, and a complete sense of security.

Soaring above the riverscape, this is a premier project in an extraordinary setting. CIRQUE will become the landmark for this vibrant and creative community with an integrated mix of commercial, retail, residential, cultural and leisure uses in a pedestrian friendly enclave.

The apartments are flooded with warmth and luxury, created by refined

materials such as stunning marble surfaces, textured carpets, and soft timber lacquer all contrasting with smooth finishes – arranged to create the play of light.

Discover a beautiful, secure, effortless option for your new home, one that combines quality of finish with generous floorplans and 2.8 meter high ceilings.

Your Residents’ Deck provides almost 2,500sqm of indoor and outdoor resort style features; including heated pool, spa, sauna, gym, cinema, covered barbeque facilities, cocktail bar and private dinning spaces.

This complex offers a mixture of apartments ranging from 1 bedroom, 1 bathroom, lock and leave to spacious 3 bedroom and 3 bathroom living. This opportunity is available to suit all budgets.

Please contact Steven Currie on 0413 984 569 or Emma McCarthy on 0471 920 448 for more details.

Visit www.cycirque.com.au

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LUXURY LIVING BY THE LAKE 5

3

2

731

WEMBLEY 28 ST VINCENTS AVENUE We are proud to present this incredible contemporary residence to the market it´s located in Wembley´s most desirable pocket, just 100m from the expansive & beautiful parkland of Lake Monger (merely a 2 min walk).

It´s a home that breaks away from the status quo. A showpiece of clean & crisp modern architecture, it also embraces a playful approach... think sculptural angles, dramatic double-height voids, and an eclectic mix of stunning natural timbers. Huge panes of glass capture leafy garden views and bath the interior in a soft wash of natural light. The most stylish finishes are found throughout.

The spacious floor plan offers an easy flow, and every centimetre has been carefully considered to maximise design and minimise wasted space. At the rear, open plan living areas open to an impressive entertaining terrace, which features a beautiful timber ceiling with recessed lighting and an overhead fan.

The terrace extends to a grassy lawn that´s shaded by trees and framed by high quality landscaped gardens. Back inside, a flexible elevated space is the perfect spot for a home-based business.

AUCTION On site, Saturday 17th June at 3:30pm VIEW Saturdays 3:00 - 3:30pm & Thursdays 5:45 - 6:15pm

CRAIG GASPAR 0413 929 999 craig@capornyoung.com.au

STEPHANIE TAYLOR 0408 914 117 stephanie@capornyoung.com.au

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CHIC, ELEGANT, CONTEMPORARY 2 OAKOVER STREET This stylish contemporary home is serene and simply beautiful, set behind a series of outdoor pavilions with sparkling pool. With dream white kitchen, theatre room or play room, gorgeous bathrooms and additional upstairs living, here effortless chic meets family practicality, close to the river, schools and shopping.

On site, Saturday 17th June at 2:30pm Thursdays & Saturdays as advertised

0409 229 115 stefanie@capornyoung.com.au

0434 076 229 michael@capornyoung.com.au

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O FF ER S

MAGICAL URBAN SANCTUARY 16 SILAS STREET An arched gateway through the high courtyard wall leads to a secret garden and an architecturally-designed, peaceful and welcoming home, where the natural textures of limestone, timber and travertine create a timeless atmosphere. Delight in the unexpected, including a romantic loft master suite and superb underground wine cellar with barrel vaulted brick ceiling.

Closing Tuesday, 20th June at 6:00pm As advertised or by appointment

0409 229 115 stefanie@capornyoung.com.au

0434 076 229 michael@capornyoung.com.au

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CIRQUE APARTMENTS City of Melville´s most luxurious development. Your Residents´ Deck provides almost 2,500sqm of indoor and outdoor resort style features; this complex offers a mixture of apartments ranging from 1 bedroom, 1 bathroom, lock and leave to spacious 3 bedroom and 3 bathroom living. This opportunity is available to suit all budgets. CYCIRQUE.COM.AU

Please call for details or visit CYCIRQUE.COM.AU Tuesdays & Thursdays 4:30 - 5:30pm, Saturdays 4:00 - 5:00pm

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KISHORN ROAD

0413 984 569 steven@capornyoung.com.au

0417 920 448 emmam@capornyoung.com.au

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SO CONTEMPORARY, SO SOUTH BEACH 66 BREAKSEA DRIVE A relaxed, beachy location meets 21st century living: stroll along the beach as part of the friendly South Beach community, then walk home to your contemporary sanctuary, with high ceilings, living areas over two levels, ultramodern kitchen and spacious master suite with its own terrace.

On site, Saturday 17th June at 12:30pm Thursdays 6:15 - 6:45pm & Saturdays as advertised

0466 446 774 lucy@capornyoung.com.au

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YOUR BEACHFRONT LIFE BY DESIGN 99/37 ORSINO BOULEVARD All you see is blue sky and blue water and islands, and all you hear is the ocean. Come home to this apartment right on the seashore, where striking contemporary architecture with attitude makes Ocean Edge Beachside apartments no ordinary building in an extraordinary location.

On site, Saturday 17th June at 10.30am Thursdays & Saturdays as advertised

0466 446 774 lucy@capornyoung.com.au

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MULTI USE CBD DEVELOPMENT 139 STIRLING STREET On the north east side of the CBD and 1 door from a rare inner-city park is an ideal site for residential or mized residential and business development.

Walking distance to the train station, Beaufort Street and the Perth Cultural Centre. The existing office/warehouse/workshop improvements are capable of providing a holding income.

In Rooms, CY Fremantle Office, Thursday 22nd June at 12:30pm Strictly by appointment

0420 200 773 phil@capornyoung.com.au

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THE WOW FACTOR 7 ADA STREET Hidden behind an unassuming faรงade, this exceptional home has been designed to blend the old with the new to create an effortless flow centred around a tranquil & extremely private outdoor zone with resort-style swimming pool, wrapped entirely by high garden walls. A stunning contemporary extension contains a master suite, private lounge area and a study.

On site, Saturday 17th June at 9:30am Wednesdays & Saturdays or by appointment

0409 229 115 stefanie@capornyoung.com.au

0434 076 229 michael@capornyoung.com.au

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AU CT IO N

RIPE FOR DEVELOPMENT Surrounded by stately homes, this 791sqm is one of the final properties in the neighbourhood yet to have its value fully realised. Although the existing dwelling has a basic floorplan, it is very liveable should you need some time to bring your building dream together.

On site, Saturday 24th June at 2:30pm Saturdays 2:00 - 2:30pm & Wednesdays 5:00 - 5:30pm

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73 STOCKDALE CRESCENT

0413 929 999 craig@capornyoung.com.au

0408 914 117 stephanie@capornyoung.com.au

SO LD

27A ELIZABETH STREET

6 offers received Please call for details

0420 290 906 chris.storey@capornyoung.com.au

7/10 KWONG ALLEY

Mid $600,000’s Please call Tim for details

0406 300 828 tim@capornyoung.com.au

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RENTAL REVIEW STEADY FLOW OF EXPATS A WELCOME SIGN Although there is no denying WA´s resource sector has its challenges, the implications for our landlords are not nearly as drastic as it might seem in the ´doom and gloom´ news reports.

This is particularly true for landlords who have quality homes in well located suburbs. There will always be good demand for such properties.

One relocation agent I work with is currently relocating 37 executive families to Perth, on behalf of a major multi-national company in the resource sector. Yes, some expatriates are leaving our sunny shores, but there also is a steady flow coming in.

FOR LEASE 13 Birch Street

16 Little High Street

If you are concerned about the rental property market and how it might affect you, I´m happy to discuss suitable options with you in more detail.

Selection of hot properties currently for lease 2/60 Mary Street

4/95 Monument Street

10/9 Bowman Street

1/9 John Street

12 Finsbury Grove

3 Hare Court

LE AS ED

121 Fourth Avenue

Every day, our team is fielding enquiries from prospective tenants, negotiating favourable deals for our landlords, and getting properties leased. Our market is still very much alive and well you just need a sound strategy, and a skilled team on your side.

For all enquiries, please contact Caporn Young’s Leasing and Property Management team on 9385 5559.

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