Lot 249 Meares Avenue, Kwinana WA

Perth, WA, 6167

$ 884,990

Perth, WA, 6167
Lot 249 Meares Avenue, Kwinana WA-0
Lot 249 Meares Avenue, Kwinana WA-1

Property Images

Lot 249 Meares Avenue, Kwinana WA-0 Lot 249 Meares Avenue, Kwinana WA-1

Overview

Property ID: LA-8919

  • House and Land
  • Property Type
  • 4-5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 218

Details

Updated on Dec 05, 2024 at 04:56 pm

Property Type: House and Land
Price: $ 884,990
Land Price: $ 320,000
Build Price: $ 564,990
Gross Per Week: $ 1,750
Gross Per Annum: $ 91,000
Gross Yield: 10.28%
Capital Growth 12 Months: 37.44%
Capital Growth 10 Year Annualised: 4.41%
Vacancy Rate: 0.93%
Property Size: 218 m2
Land Area: 375 m2
Bedrooms: 4-5
Bathrooms: 5
Parking: 2
Title Status: April 2025
Property ID: 8919
SKU: 1037

Description

This innovative 4-5-bedroom co-living property in the Cassia Glades estate is designed for optimal rental returns through its spacious and functional layout. The property comes with turnkey inclusions, premium finishes, and energy-efficient features.

Suburb profile:

Kwinana is a thriving community in Perth, offering modern amenities, green spaces, and excellent connectivity. Known for its proximity to beaches, schools, shopping centers, and recreational facilities, Kwinana is an ideal location for families and investors alike.


Rental Appraisal:

  • $330-350 P/Room P/Week

Site Inclusions - Site Works, Foundations & Connections:

  • All site works included.
  • Fixed-price lump-sum building contract.
  • Engineer's soil report and certified working drawings.

Preliminary Inclusions:

  • Planning application, building license, and water corporation fees.

Internal Inclusions:

  • Vinyl plank flooring to main areas.
  • Quality carpets in bedrooms.
  • Roller blinds on all windows and sliding doors.
  • LED downlights and split system air conditioners for bedrooms and living areas.
  • Full internal wall painting.

External Inclusions:

  • 2-course clay bricks with painted rendered finish.
  • Colorbond roof, gutters, and fascia.
  • Sectional garage door with remote control.
  • Boundary fencing and side access gate.

Landscaping Inclusions:

  • Turf, reticulation, and drought-resistant planting to front and rear gardens.
  • Colorbond letterbox, clothesline, and paved driveway.

Electrical Inclusions:

  • Safety switches, LED lighting, TV aerial, and digital antenna.

Appliance Inclusions:

  • 900mm Artusi appliances, including oven, cooktop, and rangehood.
  • Dishwasher included.
  • Hot water systems (2 units).

Energy Efficiency:

  • R4.0 ceiling batts and energy-efficient lighting.
  • Lifetime structural guarantee.

Warranties:

  • Lifetime structural guarantee.
  • 6-month maintenance period.

Other Details:

  • Located near key amenities such as Kwinana Marketplace and Kwinana Adventure Park.


This co-living property in Cassia Glades offers a turnkey solution for investors, featuring modern amenities, energy-efficient design, and high rental yield potential in a thriving community.

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.

Documents

Lot 249 Meares Avenue, Kwinana WA - Rental Appraisal_1732164082NrYWX.pdf

Address Lot 249 Meares Avenue, Kwinana WA
City Perth
State WA
Postcode 6167
Suburb N/A

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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.

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