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  • Writer's picturepeterward4

Ascientials - STOP PRESS March 24


Family relaxing at the lake

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


 



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