Huge opportunity to cash in on these âBlue Chipâ, brand new apartments all securely leased with approved NRAS returns for 4 years!!!! Outstanding 6 star energy rating with water wise landscaping and water enhancing fixtures and fittings and complete eco-friendly efficient design. These superbly located apartments will show immense returns to surpass most other commercial or residential investment anywhere.
With the Perth market set to boom with the living up with everything from our record harvest, surging iron ore and resources prices and our dwindling rental vacancy. In the wake of the State borders opening and historical low interest rates and the cheapest capital city in Australia. There has never been a better time to capitalize on such an opportunity.
With a gross income of approx. $200,000pa and annually fixed increases and significant depreciation from this outstanding brand-new investment. This type of opportunity is not to be missed â call now!
Gerard Street is brilliantly located with Perth’s largest shopping centre on your doorstep. Curtin University is just 7km away and UWA approx. 15kms away. Outstanding transport facilities and routes are within easy reach for all tenants/owner occupiers’ convenience.
The City of Cannington, leisure plex, primary and high schools, medical facilities and the close proximity to Albany Hwy, shopping, café and restaurant strips ensure this property will be a long term standout for all the right reasons.
Situated on 8 individual titles this opportunity offers great flexibility to structure in different entities and sell off in an individual and orderly fashion thus minimizing capital gains issues in the future.
Sale By EOI (Expression of Interest)
Expressions of Interest close 28 February 2022 at 5pm if not sold prior
Due for completion mid 2022
This property is For Sale by EOI with Inspection via the 3D Matterport. A full inspection will be conducted upon acceptance of your offer.
Following WA health regulations and REIWA best practices, all people attending a private inspection or home open with our office staff are required to scan the QR code and will be required to show proof of double vaccination as per standard policy before entering and inspecting or visiting our office your understanding of others is appreciated. Thank you for your co-operation and ensuring the safety and respect of the community at large.