Overview
Property ID: LA-7211
- House and Land
- Property Type
- 6
- Bedrooms
- 6
- Bathrooms
- 2
- Cars
- 240
Details
Updated on Oct 10, 2024 at 04:20 pm
Property Type: | House and Land |
---|---|
Price: | $ 914,990 |
Land Price: | $ 300,000 |
Build Price: | $ 614,990 |
Gross Per Week: | $ 2,160 |
Gross Per Annum: | $ 112,320 |
Gross Yield: | 12.28% |
Capital Growth 12 Months: | 20.71% |
Capital Growth 10 Year Annualised: | 3.34% |
Vacancy Rate: | 3.73% |
Property Size: | 240 m2 |
Land Area: | 450 m2 |
---|---|
Bedrooms: | 6 |
Bathrooms: | 6 |
Parking: | 2 |
Title Status: | May 2025 |
Property ID: | 7211 |
SKU: | 1026 |
Description
This 6-bedroom, 6-bathroom co-living property is located in the high-growth area of Two Rocks, in the Atlantis Beach estate. It is a full turnkey package designed for investment, featuring modern fixtures, quality finishes, and essential inclusions for a convenient living experience. Offering a gross rental return of $2,160 per week and an impressive gross yield of 12.28%, it presents a solid investment opportunity.
Suburb profile:
Atlantis Beach, located in Two Rocks, Western Australia, is a growing coastal suburb known for its scenic beachside views, proximity to the Perth CBD (62 km), and a family-friendly environment. The area has been earmarked for significant development and offers strong growth potential for property investments.
Site Inclusions:
- Site works, council charges, standard construction costs, foundations, and connections.
Internal Inclusions:
- Stainless steel appliances (including a dishwasher), vinyl flooring throughout the main areas, quality carpets or vinyl to bedrooms, reverse cycle air conditioning, LED downlights throughout.
External Inclusions:
- Driveway, fencing, garden taps, crossover, clothesline, letterbox, antenna, flyscreens, and window furnishings.
Electrical Inclusions:
- LED downlights.
Appliance Inclusions:
- Stainless steel appliances, including a dishwasher.
Furniture Pack Inclusions:
- Furniture package worth $31,900 for co-living setup.
This full turnkey co-living property in Atlantis Beach offers excellent investment potential with a high rental yield, modern inclusions, and a prime location in a growing coastal area. It is ideally suited for investors looking for high-yield opportunities in Western Australia.
A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.
Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.
A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.
Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.
A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.
Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.
Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.
You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.