SINGLE CONTRACT PROPERTY - in high growth market
I have just received access to a single contract (existing) property - broad details below.
This property is suitable for Self Managed Superannuation Fund, or private purchase.
If the property is of interest to you, please email me on peterward@apginvest.com.au, and text followup message to 0404 02 6000.
(See interest expression requirements below).
Warm regards,
Peter Ward
Managing Director
Property Details
Location: Perth - the only major capital in a growth phase.
Single Contract - existing property built in 2021
Package Price: $635,000
Deposit: $1,000 with Expression of Interest (EOI)
Land: 400sqm
Building: 4x2x2, 159sqm
Yield: Currently leased at $550pw, estimated $600pw rent when renewed. 4.9% yield.
Suburb Specs
Median House Price: $680,000
Median Rent: $600pw
Vacancy Rate: 1%
Employment: South metro area including Mandurah, Armadale, Maddington, Rockingham, Kwinana, Bibra Lake, Cockburn. Currently 144,000+ jobs in the area, 437,000+ by 2050
Owner occupied: 86%
Property Types: 93.5% houses
Estate Specs
Masterplanned estate
Less than 60mins to Perth CBD
Minutes to shopping centres, retail, dining, childcare, leisure
2 public schools and 1 private school within 5km - additional secondary coming soon
800m to beach
4 major parks and reserves within 800m
Good socio-economic levels
Builder
Original builder, trusted by Asciential Property Group clients for 20yrs.
Interest Expression Requirements
For existing Asciential investors:
Upon receipt of your email & text, I will send you:
the full information package on the property*
an EOI for signing
The standard APG research bond of $2200 incl GST will be payable upon submission of EOI (Expression of Interest).
For non Asciential investors:
The standard APG research bond of $2200 incl GST is payable up front. When I receive your email/text I will send out the details for the bond payment.
Once the bond has been received, you will receive:
the full information package on the property
an EOI for signing.
State of the Perth market
Present median house price is $683,689
Present upper purchase limit for average income earning family is $786,688
Present Perth vacancy rate 0.4%
Strong affordability and population growth driving demand, short supply