When 4Land Property Group launches a property, it is usually a master planned estate with house and land packages in a Perth suburb. However, Bellini Mews is a game changer for those familiar with 4Land Property Group’s previous offerings.
Due to feedback and popular demand, 4Land Property Group decided to create an exclusive but affordable community with ten finished homes. The community is called Bellini Mews. It is located within the popular Terraces Estate in Pearsall. As of this writing, five of the ten homes have already sold. That leaves lots numbered 1, 3, 4, 5 and 8 available.
The Terraces has sold out three stages and has only one block of land left in Stage 4. The addition of ten finished homes in an exclusive “community within a community” has created quite a “buzz” among homebuyers.
Bellini Mews is located 10 minutes from the Joondalup CBD and 25 minutes from the Perth CBD. Transport to Perth is easy, because Bellini Mews is a mere five minutes from both the Mitchell Freeway and the Edgewater Train Station. Those who love the water are delighted that they can be on the beaches or at the Ocean Reef Marina in ten minutes.
All of the homes in Bellini Mews are turnkey homes. Buyers have nothing to do but “turn the key” and move in. Everything else is taken care of by the builder. The smallest home is 177.01 sqm and is priced at $479,900. The largest is 191.56 sqm and is priced at $506,900.
These homes are of the highest quality and represent great value in quality, location and price. Bellini Mews offers homebuyers the opportunity to move into a new, finished home for less than the median price of an established home in Pearsall.
According to homesales.com.au, the median price for a house in Pearsall is $516,359. Home prices have gone up 7.81% in the last three years but were down, as was much of the Perth market, 1.24% last year.
When buying a new home, buyers can depreciate the building for their taxes even as the land value rises. For first home buyers, the amount is well within the cap, meaning they are eligible for a grant of $10,000. All five of the homes are eligible for a substantial stamp duty discount due to the First Home Owner Rate of Duty. They don’t have to pay any stamp duty on the first $430,000 and the rate for the remainder of the sale price is $19.19 for every $100.