Tucked into a quiet street and just behind Cannington Village, Velocity sits right in the heart of one of Australias most exciting urban revitalisation precincts. Cannington is a fast-growing suburb and government approved major growth area in Perths inner south.
Nestled in a surprisingly private setting, Velocity is also close to all the attractions of modern living. This vibrant location benefits from exceptional transport links, easy access to shopping, beaches and parks and strong demand from home buyers and renters.
Project Location:
- A short stroll to cafes, restaurants and nightlife
- Train to Perths CBD
- A short drive to Perth International Airport
- Westfield Carousel: Home to WAs largest Westfield Shopping Centre
- Bentley Hospital and medical centres
- Cannington Leisureplex: library, sports and aquatic centre and crèche
- Canning River Regional Park: a serene bush retreat with walking trails and picnic facilities
- Bus to Curtin University Bentley, Murdoch University and Perth centre.
Project Information:
Velocity Cannington project contains 120 units in total over 9 levels, 76 of which are sold or hold so far. It offers a wide range of layouts and price varies from:
1 Bed 1 Bath from $312,500
Apartment type B total area from 69m2 includes one car bay and store area
Apartment type J total area from 72m2 includes one car bay and store area
1 Bed 1 Bath 1 Study from $333,500
Apartment type L total area 92 m2 includes one car bay and store area
Apartment type M total area 86 m2 includes one car bay and store area
Apartment type N total area 89 m2 includes one car bay and store area
Apartment type O total area 95 m2 includes one car bay and store area
Apartment type P total area 93 m2 includes one car bay and store area
Apartment type Q total area 95 m2 includes one car bay and store area
2 Bed 1 Bath from $405,000
Apartment type A total area from 97m2 includes one car bay and store area
Apartment type C total area from 93m2 includes one car bay and store area
Apartment type D1 total area from 91m2 includes one car bay and store area
Apartment type I total area from 93 m2 includes one car bay and store area
Apartment type K total area from 87 m2 includes one car bay and store area
2 Bed 2 Bath from $415,000
Apartment type E total area from 109 m2 includes one car bay and store area
Apartment type F total area from 105 m2 includes one car bay and store area
Apartment type G1 total area from 96 m2 includes one car bay and store area
Apartment type H total area from 105 m2 includes one car bay and store area
(PS: All prices above are based on the price list issued in 09 Dec 2019 and are subject to change without notice.)
All apartments include a private balcony.
Lifestyle & Amenities:
Velocity is just what youre looking for: Inspired living in a beautifully finished apartment with expansive views over Perth.
Velocitys design is smart: sublime architectural style, foyer with high grade security and lush podium gardens in a brand new complex.
Stroll towards Cecil Avenue, a growing café and shopping strip or to the train running direct to Perths CBD. Universities, parks, beaches and recreation facilities all close by.
And its affordable: Strata fees from just $850 per year and apartment prices from $299,000.
Specifications:
En-suites, Bathrooms & Laundries:
Vanities
20mm Engineered Stone benchtops from the developers selected range (Q-Stone or similar). Laminate finish to bathroom cabinetry (as per Interior Designers colour scheme boards)
Basins
Main bathroom basins will be vitreous china (or similar). Ensuite bathrooms will be vitreous china. Bathroom & ensuite basins will be semi-recessed
Basin Mixers
Caroma or similar chrome mixer
WC Close-coupled suite vitreous china WC pan and china cistern
Shower Mixers
Selected chrome rail mounted mixer
Washer/Dryer
Bosch (or similar) combination washer/dryer unit
Toilet Roll Holder
Selected designer chrome range
Towel Rail
Chrome towel rail to ensuites and bathrooms
Shower Screens
Semi-Frameless with clear safety glass
Mirrors
Frameless mirror over vanity
Floor Tiles
Ceramic floor tiles (as selected by the Interior Designer)
Wall Tiles
8m high tiling to shower recess, 300mm tiling above vanity, walls tiled to approximately 1m behind toilets and single skirting tile to the remainder (Full height tiling is an available upgrade)
Kitchen Specifications:
Benchtops
20mm Engineered Stone benchtops from the developers selected range (Q-Stone or similar)
Cabinets & Doors
Laminate finish to base and overhead units. Soft closers to all doors
Splashback
Selected tile splashback (Glass splashback optional upgrade)
Cooktop
600mm wide Bosch (or similar) electric cooktop
Oven
600mm wide Bosch (or similar) stainless steel/glass electric underbench oven
Rangehood
Bosch (or similar) stainless steel recirculating integrated rangehood
Sink & Mixer
5 bowl stainless steel sink to all 2 bedroom apartments and single bowl stainless steel sink to all 1 bedroom apartments. Caroma or similar chrome mixer tap provided with all sinks.
Pantry
Laminated finish with shelves
Fridge Recess
Provided to all apartments with open laminated shelves above
Dishwasher Cavity
Underbench dishwasher cavity with power and plumbing connections provided (Dishwasher not provided, but is an available upgrade within appliance package)
Microwave Cavity
Provided within pantry (including a single GPO)
Floor Tiles
Quality tiles to kitchens
External Specification:
External Walls
The external walls are painted masonry, fibre cement, or concrete
Windows & Sliding Doors
Powder coated aluminium windows and full height sliding doors where applicable
Flyscreens
Provided to all operable windows
Balcony Balustrades
Powder coated aluminium framed safety glass balustrades
Internal Walkway Balustrades
Powder coated aluminium framed safety glass or powder coated aluminium
Apartment external balconies (including podium terraces)
Slip-resistant tiles
Car Park Security Letterboxes
Electric gates or shutters provided to vehicle entry points
Letterboxes
Powder coated aluminium letterboxes fitted with locks and numbers located within the secure residents lobby
External Floor Treatments
Slip-resistant tiles
Common Lighting
Surface mounted
Courtyards
Courtyards to Level 3 apartments are provided with an extended overhead sun awning, additional lighting to power provisions and a portion of astro turf lawn area. Where landscaping strips are provided externally, these will be managed and maintained by the strata body corporate.
The building contains 2 internal courtyards at level 3 within the common area. Courtyards will contain quality soft and hard landscaping elements and will be open to the sky, enabling better air flow and cross ventilation to apartments.
Lift and ground lift lobby:
Floor
High quality slip resistant tiles to Ground Floor lift lobby
Lift Interiors
High quality interior flooring, walls and handrail
Lift Door Frame
Feature paint surrounds and handrail
Lift Doors
Quality stainless steel doors
Security:
Intercom
Audio intercom handset and entry gate release button provided to kitchen (audio only)
Security Access reader System
Keyless electronic entry to main entrances integrated with car park gate remote controls
Remote Control Gates / Roller Doors
Remote controlled vehicle access shutters (1 remote per car bay provided)
Electrical:
Smoke Alarms
Included
Fire Alarm
Included
Light Fittings
A combination of quality LED downlights to kitchen & bathrooms with surface mounted lights to the living, bedrooms & balcony
TV Point
Single TV point provided to living area
Pay TV Point
Single Pay TV point provided to living area
Power Outlets
Provided throughout to each room
Data Outlets
Single data outlet provided to living area
Telephone Points
Single Telephone point provided to living areas
Exhaust Fans
Ducted from bathrooms, powder rooms, ensuites and laundries as required
Hot Water System
Electric Storage Hot Water System (Minimum Hot Water System capacity is 50L & apartments will be provided with a linen cupboard with adjustable shelves located above the Hot Water System within bathrooms)
Air Conditioning
Single head wall mounted quality split system air conditioning unit provided to living area (Additional air conditioning to bedrooms is available as an upgrade).
NBN
Connected to NBN fibre network in accordance with the prevailing government policy at the time of implementation
Common Power
Solar panels will be fitted to the roof of the building to provide power to House Services (Common Power) in order to reduce strata fees for owners
Why choose this project as an investment
Velocity is a solid investment in the most promising precinct of Perth, one of the western worlds fastest growing cities. Your unit will be right in the centre of potentially Perths most in-demand location, a suburb rated highly by economic consultants Urbis.
Key to its rental and sales outlooks are high demand from home buyers and renters attracted by nearby hospitals, universities and easy access to the CBD.
Units in Cannington are currently recording price growth well above the Perth metro average.
At River Developments recently completed Momentum (also in Cannington Village), some 1-bedroom units are showing a gross return of 5.8% pa on their purchase price.
CAFÉ
Bustling village style café and shopping strip and all the recreation facilities you need; right at your doorstep.
Shopping
Close to Cecil Avenue shops, Hoyts Cinemas and Westfield Carousel, WAs largest Westfield Shopping Centre.
Train
Cannington Train Station connecting you to the Perth CBD.
Key Points:
Population Growth: Estimated average 3.8% pa 2011-2021(compared to 2.5% for Perth metro region).
Employment Estimated: 31,800 new jobs in region 2015- 2019
Strong price growth: Assessed 3 year median unit price growth 5.1% (compared to 1.2% for Perth metro region).
Rental demand: Assessed yields for units 5.0% (compared to Perth metro average 4.8%).
Infrastructure:
Identified by WA government as a major growth area
Westfield Carousel Shopping Centre set to expand by around 50% in size to 130,200 square meters.
Curtin University to expand to 44,000 students
Transport:
Metropolitan Train 14 minutes to Perth CBD
High frequency bus routes across metro region
24 minutes by car to Perth CBD
Close to Albany and Leach Highways
Active NRAS Apartments:
The Velocity Cannington project owns NRAS dwellings. There are 37 active NRAS apartments out of total 120 apartments for selling in the project. The below NRAS pricing & availability list shows all NRAS apartments information.
NRAS National Rental Affordability Scheme
What is the National Rental Affordability Scheme?
The National Rental Affordability Scheme (NRAS) is an Australian Government initiative delivered in partnership with State and Territory Governments to invest in affordable rental housing.
NRAS aims to:
Stimulate the supply of new affordable rental dwellings
Reduce rental costs for eligible low to moderate income households by at least 20 percent below market rates for up to 10 years.
The Australian Government is responsible for administering and implementing NRAS, while the Western Australian Housing Authority administers the State Governments funding contribution. The properties are privately owned and managed by not-for-profit and non-government organisations.
Am I eligible to rent an NRAS property?
NRAS is targeted at low to moderate income households.
To be eligible you must:
Provide proof of your households gross income over the last 12 months
Continue to provide proof of income to your tenancy manager on an annual basis
Not exceed the relevant household income limits for your household composition
Some properties may have extra eligibility requirements check directly with the NRAS tenancy manager you want to register with.
For more information, please check the website below:
http://www.housing.wa.gov.au/housingoptions/rentaloptions/nras/Pages/default.aspx
https://www.dss.gov.au/our-responsibilities/housing-support/programmes-services/national-rental-affordability-scheme
Velocity Apartment Highlights:
Velocity living is all about style. Architecturally designed to use space intelligently, every apartment boasts sleek lines and beautifully finished interiors. Living areas are modern and warm, with quality flooring, contrasting finishes and rich textures. Velocity kitchens feature stone benchtops, glass or tile splashbacks and the latest Bosch appliances; stylish oven, cooktop and rangehood. Bedrooms are spacious and bathed in natural light. Bathrooms are adorned with designer tiles and a high quality finish.
Every aspect has been considered to ensure you live in style while taking in expansive views of the lights of Perth from your floor to ceiling windows, and balcony or courtyard. And every apartment comes with a secure car space on title and generous storage unit.
How to Buy
A register of interest need to be applied, the website is as follows:
http://www.stageproperty.com.au/
Who can purchase the Velocity Cannington Apartments?
Foreigners
Students
Working holiday visas
Permanent residents
For further information and private viewing, please dont hesitate to call Jimmy Qiu on 0402 850 845 now. You will never regret.
I look forward to seeing you soon.
* Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgments about the information included in this document. Stage Property provides this document without any express or implied warranty as to its accuracy. Any reliance placed upon this document is at the client’s own risk. Stage Property accepts no responsibility for the results of any actions taken or reliance placed upon this document by a client.