The yield context
Downtown mid-tier residential 4.5-5.5% gross applies. Specific Boulevard Point figures vary by unit type and condition.
What Boulevard frontage does for rents
Direct Boulevard frontage and modern build attract renters willing to pay a premium per square foot vs older mid-tier. Tenant demand has been consistent since handover.
Gross vs net
Standard cost stack pulls net yield 100-150 bps below gross.
Boulevard Point yields track the Downtown mid-tier band, with Boulevard frontage supporting consistent demand.