Following rapid pre-sales success, Sanctuary prices will rise by 2% once construction commences.
Sanctuary is NOW 70% SOLD after a surge of sales, meaning that over $30 Million worth of apartments have now been sold.
Sanctuary was also announced as Perth’s Best-Selling Apartment Project Q3 2019 by Urbis Report.
The price rise is due to the following reasons:
1. Very high demand and limited supply. There is nothing quite like the Sanctuary when it comes to it’s beautiful design, large spacious house-sized floor plans and quality of build, which makes Sanctuary a truly unique project that distinguishes it in its own class.
2. Perth property market forecast to increase by 5% in 2020 and around 4% in 2021 as predicted by Domain. As Sanctuary’s estimated completion date is late 2021, this would mean a decent upside to the savvy purchaser looking ahead.
3. Construction is commencing soon which means that Sanctuary’s Free Stamp Duty offer will end as will the 75% Stamp Duty Rebate from the WA Government for pre-construction apartment purchases.
4. To reward existing Sanctuary purchasers who believed in the project and purchased their apartments off-the-plan before construction commenced.
The price rise will happen once construction commences, so if you having been sitting on the fence, NOW is the time to act.