Bringing Docklands within Reach

Vivas Lend Lease continues to diversify its residential product range with Serrata. Located in Victoria Harbour, Serrata puts Docklands living within reach for first-home buyers as well as being an attractive option for investors.

Hugh Martin, Executive Director of Vivas Lend Lease said, \'With a rising demand for apartments close to the city, Serrata provides an opportunity for first-home buyers and property investors with a desire for city living, style and value, to get into the market.\"

Recent research by Charter Keck Cramer points to the rental market remaining tight in Docklands, with vacancy rates having been below two per cent since 2006. Charter Keck Cramer says supply shortfalls in inner urban areas have resulted in increasing rental prices and historically low vacancy rates and the situation is likely to stay the same for the short to medium term. Two bedroom apartments across Docklands are attracting an average
rental of $550 per week.

The stylish Serrata development provides quality and sustainability at an attractive and accessible price, with one bedroom apartments now starting from $407,000 and two bedrooms starting from $570,000.

For the first-home buyer, Serrata has been carefully designed to capture the essence of Melbourne living - it\'s stylish, smart and edgy, with a large focus on quality of design and architecture. Serrata is an ideal combination of city lifestyle, relaxation and play. With its proximity to the CBD, Etihad Stadium, tramlines and rail station, it appeals to public transport-orientated and sustainability conscious purchasers who are willing to embrace all an inner city lifestyle has to offer on their doorstep.

Serrata has been designed and registered for a Green Star Multi Unit Residential rating and targeting a 4 Star Green Star rating. Green initiatives will include in home displays linked to smart meters in all apartments, water and energy efficient fixtures and fittings, solar boost hot water and floor to ceiling glazing with low-E glass, maximising energy efficiency.

Not only are Serrata\'s sustainability initiatives better for the environment,
but they further contribute to its ongoing affordability by reducing energy and water consumption for residents. With daily predictions of increasing energy and water prices, Serrata\'s sustainability initiatives will afford lower day to day living costs for the savvy investor.

For more information please
visit the website at www.serrataliving.com.au
contact the Victoria Harbour Sales Centre on 03 8610 4800