Construction commencing
in August 2020

Investor's dream

5% return guarantee for 5 years^

Purchase an apartment by 31 August 2020 and receive 5% return on deposit for 2 years and 5% return on purchase at settlement for 3 years^.

Investor benefits

Benefit Icon
12 month unit price growth of 4.4%*
Benefit Icon
Low rental vacancy rate of 1.25%*
Benefit Icon
5% return guarantee for 5 years^
Benefit Icon
Take advantage of low interest rates
Benefit Icon
Voted one of the top Victorian suburbs for property investment in 2020*
Benefit Icon
Close to schools, universities and major transport lines
Benefit Icon
Median house price of $1,369,500 and unit price of $688,750*
Refund Icon

The offer

Pace Development are offering investors the following:

  • 5% return on deposit for 2 years^
  • 5% return on purchase at settlement for 3 years^

Contact our team and let us help find the ideal investment package for you.

3D Rendered image of pool

Blackburn median growth

3 years (PA)

6.6%

Melbourne 3.4%

5 years (PA)

5.3%

Melbourne 3.8%

10 years (PA)

4.6%

Melbourne 3.8%

The location

Located at 160 Whitehorse Road in one of Melbourne’s premier suburbs, Pace of Blackburn has everything a resident would desire.  Blackburn is connected for commuters at a mere 25 minutes to the CBD, 5 minute drive to Box Hill Shopping Centre and only a 10 minute walk to Blackburn Train Station which supports a frequent train and bus schedule. Conveniently located near Deakin University makes this an attractive home for long-term tenants.

Tenant profiles

Pace of Blackburn attracts interest from a wide variety of tenants including

Happy Family

Families

Apartments are close to schools, parks, sporting facilities and shops.

Group of professionals working on computers

Young professionals

Close to public transport, cafes and dining districts, with attractive onsite meeting facilities.

University student holding books

University students

Close to some of the best Universities Melbourne has to offer (7km from Deakin University).

3D Rendered image of living room

The apartment

Boasting enviable views of the city skyline or the Dandenong Ranges, these limited 2 bedroom apartments are perfect for your first investment or to add to your growing portfolio of properties.  The apartments are flooded with natural light that stream through the balcony doors and large floor-to-ceiling windows. Interiors include Miele appliances, stone benchtops and custom joinery.

Apartments come with at least one secure car space and storage cages, a must for prospective tenants and for a higher rental yield.
Bed Icon

2 bed

Bath Icon

1 bath

Car Icon

1 park

starting from $535,000

Bed Icon

2 bed

Bath Icon

2 bath

Car Icon

1 park

starting at $565,000

Complete convenience

Pace of Blackburn residents have everything they need on their doorstep. No need to travel far, simply head to the ground floor for access to a supermarket and retail spaces. The concierge service will collect tenant deliveries and store groceries in the communal cool room.

The building includes an 18m pool with sun-deck, children’s pool and shared dining facilities for entertaining friends, a major attraction to a diverse range of tenants. Working from home is also easy at Pace of Blackburn with a communal meeting room tenants can book—an attractive sell point in the current economy.

3D Rendered image of pool

Highlights

Backed by Pace Development Group, combining more than 25 years of experience as an integrated developer-builder, this is an ideal opportunity for investors.

Train Icon

700m to Blackburn train station

Building Icon

7km to Deakin University

City Icon

17km to Melbourne CBD

Road Icon

Access to major Melbourne arterials

Stadium Icon

Close proximity to sporting facilities, shopping centres & schools

Tree Icon

Surrounded by bushland parks & heritage lakes