Description

Tenanted Apartment Rental Investment - GUARANTEED 2-year 6% Return

Be part of a high quality and thoughtfully built development furnished with stainless steel Bosch kitchen appliances with dishwasher, gas stove top & built in kitchen exhaust. With split system air-conditioning in the main living area & easy care external space for the lock & leave busy lifestyle. The choice of 10 unique apartments on either the ground floor or top floor provides you with a guaranteed great investment opportunity.

Please contact Simon Oeij on 0402 901 367 for more information, a viewing or to make an offer.

Guaranteed Investment Return*
Total Purchase Price with stamp duty $267,315
Guaranteed Rental Income for 2 years from settlement date $15,600
Gross Rental Yield 6%

* Breakdown of all current costs, rental and other relevant details shall be furnished when you book an appointment to view and discuss the opportunity.

Development Overview
The Overall Building consists of an L-shaped 2 storey building with the units facing externally. Vehicle access to the apartment will be via Westfield Street with the carport behind the building. There is a pedestrian access from Kelvin Road to allow easier access to the train station and shops. Communal facilities include open seating area, bicycle stands and three visitor car parking lots. The store rooms are located near the carport.

Each 2 bedroom x 1 bath unit (2x1) features high quality specifications to provide comfortable living including:
- Spacious open plan filled with natural lighting
- High ceilings at 30C
- Fujitsu reverse cycle air-conditioning
- Bosch stainless steel kitchen appliances and dishwashers
- Stone bench tops
- Tiles, timber and carpet flooring

The 5x ground floor units have their own private courtyards with secured private street access while the remaining upper floor units have more natural lighting and has less maintenance needs.

Suburb and Location
Located in the City of Gosnells, Maddington is approximately 18km from the Perth City and a real melting pot of a dynamic urban environment with residential, retail, industrial sectors as well as some semi-rural areas. With an eye to the future engagement with transit town centred orientated development further growth will bring Maddington into an area of diverse possibilities.

Surrounding Amenities
The site has good access to transport, shopping, schools, parks and clinic/hospitals, including:
• 800m to the Maddington train station
• Easy access to major highways including Roe and Tonkin Highway
• 15 minute drive to Perth Domestic and International Airports (12km)
• 10 minute drive to Westfield Carousel Shopping Centre (6km)
• Convenient local shopping amenities including Centro Maddington, Maddington Square Shopping Centre and Maddington Village Shopping Centre
• Easy access to major medical facilities including Bentley Hospital (9.3km), Armadale Health Service (12.8m) and Fiona Stanley Hospital (19km)
• Numerous primary schools in the area, including Bramfield Park Primary School, Maddington Primary School and East Maddington Primary School
• Several high schools within walking distance including Yule Brook College and St Francis School
20 minute drive to tertiary education institutions including South Metropolitan TAFE – Armadale Campus, Curtin University and Murdoch University

Demographics^
The City of Gosnell is actively progressing its growth plans to transform the City into a major strategic transport link, industrial-commercial and residential hub. This forecasted growth will place great demands for new housing and infill- accommodation. One of the focus points of the growth strategy is to develop Maddington Town Centre into a major transport hub and shopping centre. Maddington is an established residential and industrial area, with some commercial establishments.

The 2016 population forecast for Maddington is 12,061 and it is forecasted to grow to 17,591 by 2036, an increase of 46%. Maddington is predominantly made up of young professionals and workers in the 25-49 age group (36%) and downsizers / empty nesters in >50 age group (31%).

^Source: Australian Bureau of Statistics (ABS)

Please contact Simon Oeij on 0402 901 367 for more information, a viewing or to make an offer

Important Warning - Novel Coronavirus (nCoV)
Due to the pandemic outbreak of the novel coronavirus (nCoV) we strongly urge you not to attend or arrange any viewing if you have:
· recently travelled overseas; or
· are experiencing flu like symptoms such as: fever, coughing, shortness of breath or breathing difficulties.
· been in contact with people as described above
Your co-operation is much appreciated in protecting the health of others and the people of Australia.

We will take all necessary precautions when showing properties such as wiping down door handles, limited occupancy in each room, avoiding any close contact such as shaking hands and in some instances use of gloves and disinfectant.

Features

  • Airconditioning
  • Secure Parking
  • Balcony
  • Outdoor Entertainment Area
  • Built in Robes
  • Dishwasher