Nick Mihelis has a lifetime of property experience and he joins the Real Properties team as Director of Residential Projects. Property is in Nick's DNA, remembering as a child accompanying his Real Estate agent Dad on weekends to auctions and listings.

With 18 years professional experience Nick is looking forward to heading up the Real Properties Residential division. Founder Joe Catanese, says Nick will be an asset to his expanding Agency. Real Properties is a full-service real estate agency offering sales, leasing, management and development services to local and international clients.

Nick's first project in his new role is Strathmore on the Park, 18 luxury four bedroom townhomes.

So we asked Nick to take us through why townhomes are so appealing to today's buyer in this hot property market.

"The Best of both worlds," is how one buyer described her decision to settle on a townhome. 

I have seen the evolution of the townhome where they are now oozing with smart design features. Townhomes bring to the property market a hybrid version of apartments and traditional houses, offering all the benefits of both. 

Townhomes are designed to offer more space than the traditional apartment and are smaller than a home taking away the time-consuming maintenance associated with a larger house on a block.

Clever design maximizes space on compact allotments, interiors are quite spacious especially when compared to apartments, and offers everything you would expect from a stand-alone home.

Savvy Melbourne property buyers are also loving town homes as they make financial sense. From the outer suburbs to inner, town homes due to their decreased land component are a great way to either enter the market or buy into a suburb where you normally couldn’t enter due to affordability. There is also up-side from a capital growth perspective too, where traditionally speaking the townhouse market is a lot more comparable to the house and land market as opposed to the apartment market which has been much more volatile over the years.

Residential projects are generally constructed to tap into existing neighborhood amenities and infrastructure. This means they are usually close to shopping precincts, schools, transport, and cafes. So you have the benefit of buying new in an already thriving community. Furthermore, living in close proximity to your neighbors generally adds to this community feel, and the added benefit of security.

Strathmore on the Park, is a perfect example of new design led townhomes in the sought-after suburb of Strathmore. These 18 luxury 4 bedroom homes are perfectly positioned overlooking The Moonee Ponds Creek Trail. Real Properties is proud to be the selling agent for Strathmore on the Park, developed by respected developer Thompson Land.

I look forward to hearing from you to book your VIP appointment today to find out more about these just released townhomes.