Dusit Thani Sri Lanka promotes real estate investment to Australian citizens
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Audience at the event.
Dusit Thani Sri Lanka, Beachfront Balapitiya recently hosted ‘Australia Showcase 2016’ for Sri Lankan-Aus society crème de la crème, in Melbourne to garner interest from both expats and locals alike in Australia.
The event with 80 attendees was hosted exclusively for The Beachfront apartments owners as well as interested parties. A few famous names in attendance at the event were Mr and Mrs. R. Maharaja of the Capital Maharaja Organisation, Athula Ameresekere – Sri Lankan Architect and Building Design specialist , as well as several local Sri Lankan and residential household names, a media release from the company said.
The Beachfront – sold as high-rise investment apartments, offers 485 designer fitted, beach and ocean-view apartments as 1, 2 and 3 bedrooms, priced from US$244,000 (plus taxes). Investors receive a freehold title, guaranteed returns of 6 per cent nett for five years per annum, paid quarterly in US$, the potential of approximately 30 per cent in capital gains in two years and no on-going costs. Additionally, apartment owners can avail of a 21-day free stay per annum.
“With the unique investment and lifestyle opportunity offered by The Beachfront – we’ve come across a large amount of interest from the expatriate market and the success of this event goes to show how far reaching the Dusit International brand name is and the immense equity it carries,” commented Director, Indola Group – Paul Dwyer.
“The ‘Investment Apartment’ business model is nothing new to most Australians, thus it was obvious to our attendees that The Beachfront is both a fitting financial and lifestyle investment opportunity given the returns, capital gains, as well as the 21-day free stay. It was a great event met with a lot of support and we’re thankful for the global support,” noted Director, Indola Group – Ajit Wijesinghe.
After making available a limited release of 40 out of 121 apartments (in stage 1 only), Dusit Thani Sri Lanka has already sold 80 per cent. The property will be erected in three stages, with the addition of a promenade featuring 15 international restaurants, bars and cafes, a spa, a 2500 sq metre convention centre, tennis court, multi-faith chapel and gymnasium.