An astute investment opportunity
Rising property values and rental income
Macquarie Tower offers an incredible opportunity for astute investors in a premium Lake Macquarie location.
A strong track record
With an increase of over 30% in net “capital-regional migration” in the most recent Regional Movers Index, Lake Macquarie has been revealed as the most desirable place for people moving from major cities. Offering the lifestyle benefits of living by the ocean, the lake and the mountains, Charlestown is the biggest suburb in Lake Macquarie and is backed by a strong track record of property value and rental income growth.
The Lake Macquarie City Council invests approximately $100 million in capital annually, providing the community with essential amenities and contributing to its thriving status. The area also shows significant growth potential, as building approvals amounted to $766.6 million in 2021-2022, offering a great opportunity for future investments and expansion. In Charlestown, 22.72% of people reside in rental accommodation. Furthermore, the median listing price for units has increased by 19.19% in the past year.
Want to read more about the impressive growth that Charlestown has provided property owners over recent years?
Living in a hub of activity
Macquarie Tower is superbly located in the heart of Charlestown, only 10km from Newcastle. As the largest suburb in the City of Lake Macquarie LGA, Charlestown is regarded as the region’s commercial and retail centre offering a combination of recreational and business opportunities and home to Charlestown Square, the largest shopping centre in the Hunter region.
Additionally, Charlestown’s central location facilitates an easy connection to the best of the region’s health and education infrastructure, whilst Newcastle’s soon-to-be international airport is just a 40-minute commute, opening up a world of possibilities.
Want to learn more about the exciting and vibrant destination of Lake Macquarie?
Contemporary design
Macquarie Tower’s exquisite range of one, two and three bedroom apartments have been architecturally designed to capture the stunning views on offer over the Pacific Ocean to the East and the Watagan Ranges to the West.
Boasting free-flowing living spaces framed by floor to ceiling windows, these stunning elevated apartments expertly complement the spectacular views on offer from the top eight floors of this new Lake Macquarie landmark.
Featuring the choice of a light or dark internal colour palette, a Smartstone® island bench and Fisher & Paykel® appliances throughout, these contemporary apartments offer significant value for investors within a popular Newcastle suburb.
Construction has commenced
Construction on-site at Macquarie Tower is well underway with the team recently completing piling works. Hear from Project Manager James Thomson and GWH/RE Licensee in Charge Peter Kunov in the video below for an update on progress made on site recently.