Testimonial
This was our first foray into investment property buy and we are very happy with how straightforward the process was. From determining success criteria through to ongoing communication and final execution, the process was much simpler than we imagined. We ended up settling on our new property within 10 weeks of starting the process which is a testament to the whole team at Providence. Looking forward to the next one!
Keith - Investor
East Perth
- 4
- 3
- 2
4 bed, 3 bath, 2 car
Investment details
- Dual income streams to increase rental yield
- Quiet family friendly street with large lots and character filled homes on both sides
- The main residence has not been lived in since being renovated. It has been re-roofed, partially re-stumped (where required), re-wired, re-plumbed and painted inside and out. It also has five new split-system air conditioners, brand new kitchen (with all appliances under manufacturer’s warranty) and two new bathrooms
- Meets subdivision requirements
Key Investment Drivers
- Centrally located; 300m to Woodbridge station, 1km to Centrepoint shopping centre, 2km to Midland Gate shopping centre as well as three large parks and reserves, 8.5km to airport
- Suburb boasts strong capital growth of 7.6% p.a. over the past 20 years
- Projected gross rental yield of 4.6%, which is significantly higher than the suburb rental yield of 3.4%
