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Businesses in Southbank

08 Jul 2020

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ApartmentBuyer grant launched at Melbourne Square

To celebrate 55 years in property development, Melbourne Square developer OSK Property has unveiled a new $25,000 grant program aimed at helping prospective home buyers during COVID-19.

Starting from July 1, Melbourne Square’s ApartmentBuyer bonus provides property buyers who missed out on the Federal Government’s $25,000 HomeBuilder stimulus package (benefitting those who are building a new home or renovating their existing home), with the same amount of savings if they purchase a two- or three-bedroom Melbourne Square apartment.

Under the program, you don’t have to be a first homebuyer or earn a certain amount to qualify – the ApartmentBuyer incentive applies to any two- or three-bedroom Melbourne Square residential unit purchased from July for a limited time.

In addition to ApartmentBuyer, first homebuyers at Melbourne Square are also eligible to receive a further $10,000 thanks to the government’s First Homebuyer grant – translating to a total savings of $35,000. It also comes with potential stamp duty savings for those who purchase their dream homes in Melbourne Square in the months of July and August.

OSK Property sales and marketing director Scott Jessop said the launch of the 55th birthday incentive created a rare opportunity for prospective apartment buyers to get on the property ladder, and own a piece of prime inner-city Melbourne.

“By launching the ApartmentBuyer incentive at Melbourne Square, we are opening our doors again to allow private tours of our beautifully completed brand new apartments, all while making it more financially accessible for our customers to purchase their dream home. We invite homebuyers to join us in celebrating our proud legacy of 55 years of excellence,” he said.

“We hope homebuyers take advantage of this incentive to realise their vision of owning their ideal inner-city home.”

Celebrating 55 years

OSK Property has an illustrious story that began from OSK Holdings, which started from humble beginnings as a small stockbroking business in Kuala Lumpur, Malaysia, in 1963.

Today, OSK Group employs more than 2000 employees throughout Malaysia and Australia, while the OSK Property team has successfully delivered a broad range of properties from large-scale townships to niche high-rise buildings, as well as managing a portfolio of investment assets including retail and commercial office properties.

OSK Property’s success in Asia and unwavering commitment to quality, innovation and excellence saw it take its most daring step yet in 2017 when it launched its first flagship Australian project in partnership with the Malaysian Employees Provident Fund – the Melbourne Square project on Kavanagh St.

Melbourne Square is one of the largest mixed-use developments in Victoria, located alongside Southbank’s acclaimed Arts Precinct. Since then, OSK Property has been working closely with a specialist team of renowned experts to deliver the Melbourne Square vision – Cox Architecture, Carr Design, Multiplex and Sinclair Brook.

Melbourne Square has already accomplished a lot to-date and has positioned itself to be a long-term player in the Australian property market. Since welcoming its first residents in January 2020, Melbourne Square has also opened our stunning new 3745 sqm public park - the largest of its kind in Southbank •

melbournesquare.com.au

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