Lot 326 Westport Street, Madora Bay
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Description
Dual occupancy house & land package in Madora Bay. Expected rental return of $850+ /week*, expected yield 5.7-6.1% / annum*. Ideal WA investment!
No brainer for INVESTORS:
– Virtually double your rental return without doubling your rates, body corp costs etc. !
Perfect for FIFO workers:
– Earn a rental return while you’re away, whilst keep your own personal space secure.
Huge help for 1st home buyers:
– Get a rental / Air BnB income to help pay off your mortgage faster.
Ideal for busy & growing WA families:
– Create a separate living space for a live in Nanny / Au Pair.
About the suburb:
MADORA BAY
Median House Price: $692,500 (4-bedroom)
Median Rent: $535 / week
Vacancy Rate: 0.4%
Employment Hubs:
South Metro: Armadale, Maddington, Rockingham, Kwinana, Bibra Lake, Cockburn, Latitude 32, Western Trade Coast, Nambeelup
Current: 144,000+ Jobs
2050: 437,000+ Jobs
About the estate:
– Master planned community by Satterley.
– Coastal neighbourhood with direct access to 1km of pristine beach.
– 50 minutes to Perth CBD with easy access to Kwinana Freeway.
– 10 minutes from the beaches, marina, foreshore, shops and restaurants of Mandurah.
– 2km from the future Lakelands train station scheduled to open in 2023.
– Walking distance of the new Lakelands Shopping Centre where Aldi, Coles, Kmart, McDonalds and more than 40 specialty stores are now open.
– Minutes from the brand-new Coastal Lakes College with former Warnbro Community High School principal Kya Graves on board.
– Minutes from Lakelands Primary School, with the new $25.8M Madora Bay Primary School expected to open in 2023.
What you need to know about your builder….
– 50 years experience.
– 15,000 homes nationally.
– Three generations of builders in one family.
As a part of The Prime Group we belong to one of Western Australia’s most established home companies. We have experienced the highs and lows of the housing market and understand that, now more than ever, our clients value honesty, trust and value for money.
What do you get when investing in Perth with Neway Property:
– Expert advice on Perth house & land, specific to your individual investment requirements.
– Complete report specific to your selected house & land package, including official rental appraisal, with expected weekly return & annual yield.
– Economic snapshot of your selected suburb, including median house price, median rent, vacancy rate, current/upcoming infrastructure, employment hubs + more.
– First rights to exclusive land in Perth’s hottest suburbs & most sought after estates.
– Quality new home design.
– Industry leading turnkey build inclusions, guarantees and warranties.
– Access to Australia’s top finance brokers and settlement agents.
– Top class Property Management service and rental agents.
– Full depreciation schedule for tax purposes.
– Comprehensive Perth property investor report every 3-6 months.
Address
- Address
- CityMadora Bay
- State/countyWestern Australia
- Zip/Postal Code6210
- CountryAustralia
Details
- Property ID:
- Complete House + Land:$729,950
- Expected Yield:5.7-6.1% / annum*
- Expected Rental Return:$850+ / week*
- House Size:285
- Land Size:450
- Bedrooms:5
- Bathrooms:3
- Garage:3
- Property Type:New Construction
- Property Status:For Sale
Additional Details:
- Additional features: Dual key residence! Refer floorplan.
- Deposit: $5,000
- Land title date: March 2023
- Move in date: Q3 2024
Features
- Landscaping
- Clothesline
- Painting
- Fencing
- Letterbox
- Blinds
- Driveway
- Floor Coverings
- Heating/Cooling + More!