First Impression
Parklake Tower was built approx 20 years ago. Tightly Held complex with a high ratio of owner-occupiers. This apartment would be suitable for downsizers and young families. Most bedrooms are south facing which means natural light may be a concern. In this position traffic noise also needs to be taken into consideration. I like the views over Albert park however make sure you through due diligence is completed - you would not want a tower built in front of it blocking the views! The rate per square meter is approx $13000 which seems on the top end of the range for this tower.
Things we love
- Views of Albert Park
- Low body corporate fees
- Recently renovated
Things to consider
- Traffic noise
- Limited value add potential
- Condition of the tower