Brian Boyd - Managing Director of PAYCE Consolidated Limited
Apartment Developments as Property Investment
Brian Boyd - Managing Director of PAYCE Consolidated Limited states "Regarding Investor Relations and the Financial Outlook for Apartment Developments in Sydney NSW and particularly around the Sydney CBD the Outlook is a Positive one - as the property market strengthen."
Apartment Property Investments and Financial Review - Brian Boyd : Managing Director of PAYCE Consolidated Limited
As Chairman of the board on one of Sydney`s most important players in the Apartment Development and Property Investment industry, Brian Boyd : Managing Director of PAYCE Consolidated Limited shares his thoughts with us ...
The outlook for apartment developments continues to strengthen according to leading apartment developer PAYCE.
Managing Director Brian Boyd said there was a good mix of interest in the market from first home buyers and investors. Brian Boyd said inner city and beachside locations continue to be the top of the list for apartment buyers.
Apartment Developments playing an increased roll in Property Investment
"Sydney is the jewel in the crown when it comes to city and beachside living and I think you will continue to see strong demand for apartments in the inner ring," Brian Boyd said.
Units across all capital cities have exhibited strong growth over the past 12 months, with an average 9.6% total return compared to the 10.2 per cent return from housing, according to RP Data Rismark.
Sydney is a driving force in strong growth results, followed by Melbourne - observed Brian Boyd.
"There is a fair bit of hype in the media about the property market at the moment – what we are seeing is solid demand from a good cross-section of buyers," Brian Boyd said.
Residential Apartment development as Property Investment is the choice - as buyers choose Lifestyle.
Brian Boyd said people do not just want to buy an apartment - they want a lifestyle.
"Our projects are about urban renewal and delivering a new, vibrant lifestyle close to where people live," he said.
"If buyers can live, shop, play and relax within the one precinct that is an attractive proposition," he said.
Brian Boyd said there were an increasing number of good quality sites coming to market.
Brian Boyd informally announces - PAYCE Consoldated`s purchase of the Kirrawee Brickworks.
Kirrawee Brickworks site - is to be the next Urban Renewal Project from PAYCE Consolidated Limited, in the continuing quest for good, well planned housing in and around Sydney`s CBD
PAYCE Consolidated Limited recently announced the purchase of the Kirrawee brick pit site in Sydney`s south - which is subject to settlement - moving the company one step closer to breaking ground on the new project.
The approved concept plan allows for 432 apartments in 9 buildings up to 14 storeys.
A further 15,000 square meters is assigned to retail and commercial space, offering owners and residents access to quality services on the site. Two supermarkets are included in the retail area and it is expected a series of specialty traders will be offered access to the development.
In line with PAYCE design concepts, the apartment buildings will be of a superior standard and surrounded by green areas and parklands.
The Kirrawee project is the latest offering from PAYCE - industry leaders in the apartment marketplace in Sydney.
- Brian Boyd - Managing Director of PAYCE Consolidated Limited.
- Financial Reports and Investor Relations
- Commercial Property Developers in Sydney CBD - NSW
- Residential Apartment and Property Developments for Investment