100% FUNDING IS AVAILABLE for this exclusive development comprising of Studios, 1 and 2 bedroom apartments and cabanas. All properties have a 2 YEAR 10% RENTAL GUARANTEE, followed by a 5 YEAR 50% ROOM RATE SHARE and have the full use of the facilities of the 5 star Ravenswood Hotel. This is a fantastic opportunity to own a luxury apartment or cabana in Australia. In the past 15 years, Mandurah has grown from a small town with a population of 12,700 to a City of just over 50,000. Driven by subtantial land development and the construction of the Perth to Mandurah Highway, Mandurah is experiencing a major economy boom. The Real Estate Institue of WA figures show Mandurahs median house prices rose 32.5% in the year ending June2006. Projects worth $6 billion are proposed in the area - many are already under way, not included in that total is the Perth to Mandurah rail project which is nearing completion.