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News & Editorials
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29/01/03
CENTRAL EQUITY GROUP OF COMPANIES DELIVERS AGAIN
Investors may well ask
the question "why choose to invest in a Central Equity Limited
(CEL) apartment amongst all the other apartments in the market place?"
or "what is the difference between CEL and the rest of the
residential property developers around Victoria?"
As CELís origins were over 25 years ago in the Melbourne market, it has a wealth of reputable experience in property development. In the last decade, the company has sold in excess of $2.0 billion of inner city apartments and homes, making it the most credible and successful developer of inner city residential property in Melbourne.
After having made the important decision of investing in a CEL apartment, investors get full peace of mind with Melbourne Inner City Management (MICM)ís provision of exclusive leasing and body corporate management services. MICM is a wholly owned subsidiary of CEL, offering professional property management, sales and leasing services exclusively for CEL clients. CEL is a ìone-stop-shopî for investors, as MICM provides high quality service including maintenance and suitable reporting for taxation purposes. MICMís ISO (International Standards Organisation) 9001: 2000 accreditation makes it the only major residential property management company in Australia with such unparalleled professional ìone-stop-shopî services and international standards.
Central Equity Limited continues its client relationship beyond the handover of its apartments as proven by the professional and orderly manner in the way the MICM successfully leased Central Equityís 26 level The Summit Concierge Apartments at 163 City Road, Southbank.
The Summit was sold out in mid 2000. Construction of The Summit was completed in June 2002. Leasing by MICM started at the end of August 2002. By the end of November 2002, MICM had succeeded in leasing all the apartments available for rent!
MICM has recently had similar fantastic results at Central Equityís 22-level Yarra Crest residential tower at 99 Whiteman Street, Southbank. Construction of Yarra Crest completed in September 2002. All apartments available for lease were let within 3 months.
MICM today, manages Melbourneís
largest portfolio of inner city residential apartments, offering
seven-days-a-week service. It also provides exclusive resale services
for CEL clients. ìThe key to achieving results for our clients is
the Central Equity Group of Companiesí focus and in-depth market
knowledgeî, said CELís General Manager, Mr Charles Griffin. Its
success, Mr Griffin said, is based on the following simple principles:
- The best and most organised management and ìquality endorsedî operational
systems.
- A team of experienced professional staff with specialised
skills for specific tasks.
- Effective internal and external communication
amongst staff and clients.
- CELís wide exposure and market recognition.
- Detailed knowledge and understanding of the properties in their
design, construction and operation.
- The importance of referral sales
and repeat buyers achieved by ensuring current clients are happy with
our products and services.
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