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Perth Development: Whatley Cres Bayswater

 

Eos and Bird Property Groups have identified a development site at 139 Whatley Cres in Bayswater. The site will suit a contemporary, two storey low rise apartment complex housing large one, two and three bedroom apartments. Each will have a car bay, balconies or courtyards and storage facilities.

Property market conditions in this location are very strong and demand for medium priced units and rentals is high. The current site has an existing development approval, architects drawings and building quotes.  This provides a significant advantage to developers as it eliminates some unknowns and reduces the development timeline.

The initial feasibility figures are very compelling with significant profit potential for investors.  We will complete our due diligence prior to land settlement and make an Information Memorandum available to interested clients. To express your interest in this development click here

The site is only 7km from the city with easy access to train stations, bus routes and major roads linking Bayswater to Perth, the river and employment hubs of Kewdale, Belmont and the Airport.

Investment Details

 

Unit No

Type

Bed +Bath

Floor

Deposit

Develop. cost

Total cost to investor

Est. market Value

Est.Developers gross profit

1

2 + 2

$130,000

$259,000

$389,000

$465,000

$76,000

2

2 + 1

$110,000

$220,000

$330,000

$395,000

$65,000

3

1 + 1 study

$110,000

$220,000

$330,000

$395,000

$65,000

4

1 + 1 study

$110,000

$220,000

$330,000

$395,000

$65,000

5

2 + 1

$120,000

$240,000

$360,000

$430,000

$70,000

6

2 + 1

$119,000

$237,000

$356,000

$425,000

$69,000

7

2 + 1

$119,000

$237,000

$356,000

$425,000

$69,000

8

2 + 1

$119,000

$237,000

$356,000

$425,000

$69,000

9

3 + 2

$137,500

$276,000

$413,500

$495,000

$81,500

10

2 + 2

$125,000

$251,000

$375,000

$450,000

$75,000

11

2 + 2

$130,000

$259,000

$389,000

$465,000

$76,000

12

2 + 2

$130,000

$259,000

$389,000

$465,000

$76,000

13

2 + 2

$130,000

$259,000

$389,000

$465,000

$76,000

14

2 + 2

$130,000

$259,000

$389,000

$465,000

$76,000

15

2 + 2

$130,000

$259,000

$389,000

$465,000

$76,000

16

2 + 2

$130,000

$259,000

$389,000

$465,000

$76,000


Property Profile

All successful investors know that properties need to have a number of factors in place to maximise their chance of success. The provision of amenities such as schools, shops, transport choices, especially trains, employment opportunities and proximity to the City is crucial. The development site at 139 Whatley Crescent meets all these criteria

REGISTRATION OF INTEREST

Please click here to register your interest in this Armchair Developer Project. We will contact you soon to discuss the details of the project and provide you with the Information Memorandum.



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