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Location: Level 2/627 Chapel St,
South Yarra VIC 3141
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Did you always want to invest in a luxurious apartment, but couldn’t afford to? Or maybe you are searching for a passive income source. In any case, you’d love to know about this ultra-luxury property in Melbourne, Australia. West Side Place, on Spencer Street, Melbourne VIC, is an A$1 billion apartment complex project that comprises some of the tallest buildings in the city. Here’s how you can own a fraction of this lavish property for just A$314.
Real estate NFTs (non-fungible tokens) are special blockchain tokens created to represent real estate properties. They enable developers to fractionalize and tokenize their properties to sell them fractionally to potential buyers worldwide for high liquidity and quick cash. You can explore and buy Real Estate NFTs for premium properties in Australia at bitstakeplatform.com.
Each NFT is a unique token representing a unique asset, like a fraction in an apartment. NFTs can be seamlessly traded and transferred over the blockchain network. However, they cannot be replicated or divided.
What is Bitstake Platform and how does it work?
Bitstake is a fast-growing real estate tokenization and investment platform that uses blockchain, among other technologies, to provide access to tokenized (fractionalized) properties or real estate NFTs.
In simple words, Bitstake allows people to buy stakes in premium properties, like apartments, in the form of BIT NFTs. Each property listed on the platform is divided into a limited number of NFTs, each representing a fraction of that property. Instead of buying the entire property, investors can buy one or more fractions (NFTs) at a lower price. Bitstake aims to enable global access to premium properties for everyone irrespective of their budget.
West Side Place, one of Melbourne's tallest residential complexes, is offering this once-in-a-lifetime opportunity to own a piece of its ultra-luxurious apartments through NFTs. There are two options available to interested buyers:
Property Value on Bitstake: $629,000
Total Fractions–Total NFTs (BITs): 2000
Asset Type: Apartment
Investment Type: Fractional Ownership
Includes: 1 bedroom | 1 Study
Per NFT (BIT) Price: A$314
APY: 5 - 6%, paid annually
Property Value on Bitstake: $809,000
Total Fractions–Total NFTs (BITs): 1000
Asset Type: Apartment
Investment Type: Fractional Ownership
Includes: 2 bedrooms | 1 Study
Per NFT (BIT) Price: A$809
APY: 5 - 6%, paid annually
Select the property you want to buy and click “Details”
Read the details and click “Invest Now”
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Located at the corner of Spencer and Lonsdale Streets, West Side Place is one of Melbourne's largest and most advanced residential projects to date. This vibrant residential complex has 2,895 apartments, with diverse features and amenities to suit every lifestyle. The West Side Place complex also features a dynamic retail precinct, with a range of shopping, dining, and entertainment options for occupants.
Natural Stone benchtops
Engineered oak flooring
Wool Carpet
Integrated European appliances
Blinds (block-out in bedrooms)
BIR or WIR
Central Heating and Cooling
Pull out pantry
Video Intercom Security System
Soft-closing kitchen joinery
High-Speed Internet infrastructure
Bath (Tower 3&4)
Rain Shower Heads
Track and pendant lighting to selected apartments
Location: Level 2/627 Chapel St,
South Yarra VIC 3141