Chinese developers love BurwoodThis DA Approved Residential Development in Burwood of 97 units plus 3 retail shops (Net Saleable Area: 6198 m2 + 301 m2 retail) is the classic 22-level high rise development. It has great views/location/transport – Opposite Burwood Train Station – Close proximity to all Burwood’s shopping, cafes, restaurants and library and is exactly what Chinese developers chase in the Australian market.
They are increasingly using company structures to satisfy the requirements of the Significant Investor Visa, and with their Chinese agency networks pre-sell into mainland China. Don’t expect this to slow in the foreseeable future.
“By Shane Clinton”