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Grand Reve is piquing the interest of first home buyers and investors alike

Market Insights
2 years ago
3 minutes

Since entering the market, Kassis Homes’ highly anticipated Grand Reve has performed exceptionally well with both first home buyers and investors alike. Designed by the acclaimed Turner Studio, the development offers 196 architecturally designed apartments presented in a wide range of floor plans to suit all buyer types. This, together with a highly achievable starting price point of $560,000 has made Grand Reve the development to watch for those looking to take their first step into the property market and savvy property investors alike. 

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Located idyllically on a quiet cul de sac at Garthowen Crescent, Grand Reve enjoys a balance of serenity and urban connectivity. Despite being only a short stroll from Castle Towers shopping precinct, the ensconced and tranquil surroundings cleverly screen residents from the hustle and bustle of a lively community. 

From the streetscape, the development’s pursuit of quality is immediately noticeable. The facade is marked by a textured brick podium with two towers rising above. Industry-acclaimed landscape architects Arcadia cleverly mingles lush greenery with the built space by presenting three distinct communal spaces where residents can connect with nature in the company of their neighbours, friends and family. Smaller landscaped spaces are dotted throughout the development - offering intimate zones for quiet reflection and terraced areas perfectly suited as gathering areas. 

Inside, all Grand Reve homes - ranging from studios, one, two, three and oversized apartment options - feature intelligently designed floor plans that maximise the livable space. The oversized two and three-bedroom properties include premium kitchens featuring Wolf appliances and Sub Zero fridges. All residents can take advantage of the 12-hour concierge service for an effortless lifestyle. 

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The various government incentives currently available have made Grand Reve particularly attractive to first home buyers. Financial incentives for first home buyers include a $10k grant on properties priced up to $600k and significant stamp duty savings on properties priced up to $800k. “One of the benefits of getting in early is the ability to choose one of the best-positioned apartments at Grand Reve. This, coupled with the notion of a two-year time frame until project completion allows first home buyers a rare opportunity to continue saving in preparation for settlement,” comments Adam Sparkes, Associate Director of McGrath Projects. 

The development has also piqued the interest of savvy property investors thanks to its location, design, level of craftsmanship and overall quality of build. Adam continues, “Of the investors that have bought into Grand Reve, we have seen a mix of first-time investors and sophisticated investors buying with Self Managed Superannuation Funds,” - demonstrating the rare opportunity the development offers to highly experienced investors. Considering the balance Kassis Homes has achieved with such a premium build and urban amenities within arms reach, it’s easy to understand the significant appeal for renters. 

For more information on Grand Reve or to discuss if this is the right property for you, click here.