Nova goes for sales incentives

An email from the Nova development on Spence St popped into my inbox today:

Nova City Newsletter
Issue 02 – September 2017
NOVA LIGHT – SPECIAL INCENTIVES
GET FREE FURNITURE PACKAGE WORTH UP TO $33,000!
when you purchase 1 – 2 bedroom units and opt for
2 YEARS RENTAL GUARANTEE @ 5% P.A.
(For limited period only!*)

Developer incentives and rental guarantees to promote sales are generally not regarded as a positive investment indicator. The developer of a Brisbane apartment building was recently even offering a free car.

Previous post: Nova City Valuations

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