FAQ
Q. When is Alex Perry Fortitude Valley expected to be completed and ready to occupy?
A. Completion is anticipated for Mid 2013.
Q. When I reserve a particular one two or Couture apartment what options will I have?
A. You will have a choice of the interior colour scheme (blonde or brunette), what side of the building (if mirror floor plans available) and the level in the building.
Q. How much are the Alex Perry Fortitude Valley apartment body corporate fees?
A. The Body Corporate fees vary from approx $3850.00 - $6900 per annum ( Alex Perry Couture apartments subject to your selection). The exact amount will be confirmed by CBPD and again in the Alex Perry Residential Fortitude Valley sale contracts.
Q. What are the Couture apartments on the top 2 levels?
A. This is a limited yet highly sort after opportunity for apartment buyers requiring a larger floor plate - from 120m2 to over 300m2 (along with multiple car parks) to 'couture' their own Alex Perry apartment. After selecting your total floor area you, will meet with renown architects Cottee Parker and have your floor plan designed internally specifically to your and Alex's requirements. Your one off floor plans will then be signed off by yourself and Alex Perry. More information on this unique opportunity is available upon request.
Q. What is the initial deposit required on an Alex Perry Residential Couture apartment?
A. $5000 ( Note: $1000 on other Alex Perry Residential apartments)
Q. After I select an Alex Perry apartment when will I be contacted to answer questions I have?
A. Generally within 24 -48 hours on the phone numbers and email address you have provided.
Q. Who is the appointed selling agency for Alex Perry Residential?
A. Coldwell Banker Property Direct. (CBPD)
236 Montague Road West End Qld 4101.
Ph 07 3360 722; Fax 07 3360 7233.
www.cbpd.com.au
alexperry@cbpd.com.au
Alex Perry Fortitude Valley Sales Manager Luke Best 0417 706 802
Q. How and when do I pay the initial $1000 deposit to officially take an apartment off the market?
A. The initial $1000 can be paid by way of most major credit cards, cheque or a cash transfer into the marketing agents trust account. The $1000 will be required to be provided within 48 hours of you being contacted or the Alex Perry apartment you have reserved will be placed back on the market. " Reserving" an apartment doesn't create outright entitlement to that specific apartment until unconditional sale contracts are signed and received. Your Alex Perry Residential is simply 'reserved' so purchasing process's can begin.
Q. When is The balance of 10% deposit due?
A The balance of 10% deposit is due within 14 days of sales contracts being signed and returned by the purchasers. Bank Guarantees are acceptable as are certain deposit bonds subject to confirmation by CBPD. Cash deposits will earn interest.
Q. When do I sign the sale contacts?
A. After you have been contacted by CBPD and your questions satisfactorily answered along with your purchasing entity confirmed, Alex Perry Residential sale contacts and disclosure documentation will be forwarded for your signing. All Alex Perry Residential Sale Contracts will have a reply paid envelope and be clearly marked where to sign.
Q. Can I rent out my Alex Perry Apartment?
A. Yes. You have a choice of long term letting ( 6 months +) or if you so choose, placing your apartment into Alex Perry Residential shorter term letting ( overnight). The Brisbane City Council has approved 65 x Alex Perry Residential Fortitude Valley apartments for short term accommodation.
Q. What are the advantages of placing my Alex Perry apartment in short term letting?
A. Brisbane inner city is widely acknowledged as one of the highest occupancy short term accommodation markets in the world with the average room occupancy rate 80% - 85% currently. No new major inner city major Hotel has been built in Brisbane for approx 20 years. Significant tax advantages can also apply. According to results below from business advisory firm Deloitte, Sydney and Brisbane both ranked in the top 10 cities in the world that achieved the highest occupancy rates for 2010. We believe Alex Perry Fortitude Valley will offer an exciting and glamorous alternative in the Brisbane short term landscape. The top cities are as follows:
1.Sydney, 83.5 per cent
2. Seoul, South Korea, 82.4 per cent
3. London, 82.1 per cent
4. Hong Kong, 80.9 per cent
5. New York, 80.9 per cent
6. Brisbane, 80.7 per cent
7. Osaka, Japan, 78.8 per cent
8. Tokyo, 78.2 per cent
9. Edinburgh, 76.6 per cent
10. Paris, 76.3 per cent
For more information please refer to the Hotel Price Index Report 2010
Q. Where are the short term apartments located in the building?
A. On the lower levels of the building.
Q. Can I live full time in my Alex Perry Residential Apartment?
A. Yes. On the residential levels.
Q. Are all apartment levels secure?
A. Yes. All levels including the basements require approved access.
Q. Could I purchase the Alex Perry Fortitude Valley apartment in my superannuation fund?
A. Possibly yes. We have authorized licensed representatives who can assist you with this process.
Q. Will I need a solicitor in Queensland to handle the settlement?
A. Yes and we can forward a list of local property centric firms upon request
Q. Is a depreciation schedule available ?
A. Yes for apartment purchases, an approximate example is available upon request.
Q. When can I inspect the site?
A. You are welcome to visit the Alex Perry Showroom located at 959 Ann Street Fortitude Valley Brisbane open 10pm to 6pm daily. Upon request all interstate and international Alex Perry Residential purchasers will be picked up and dropped off at the Brisbane Airport after the presentation in the Alex Perry Showroom.
Q. Will my initial $1000 be refunded if I do not proceed with the Alex Perry Residential apartment purchase?
A. Yes, provided the Alex Perry Residential Sale Contracts on your selected apartment are not signed and unconditional.
Express any further questions here: alexperry@cbpd.com.au
* The above information is intended as a purchasing guide only and designed to assist interstate and international purchasers who are not in a position to visit the Brisbane sales display prior the project selling out. All Alex Perry Residential inclusions and representations are documented in the Alex Perry Residential Sale Contracts and available upon request for purchasers. Coldwell Banker Property Direct recommends all interested parties seek independent advice. All representations are limited to the Alex Perry Residential sale contracts.