Australian Financial Review – Montrose
Australian Financial Review \ 1 October 2012
Sydney auction market springs into action
“Residential developer Legacy Property is among numerous developers launching projects to coincide with the NSW government’s $15,000 handout to first-home buyers who buy new homes.
Most of the 104 apartments in its project Montrose in North Sydney are priced below the NSW government’s $650,000 cut-off for the incentive.
“We expect the scheme from the government will provide positive support for the residential market,” Legacy director Stewart Nettleton said.”
Exerpt from article by Ben Hurley