Hi All
Thought I ‘d share with you a fantastic investment opportunity in Edmondson Park, Bernera Terraces. For those that don’t know Edmondson Park is one of the largest and quickest developing suburbs in the southwest sector. Rapidly growing for a number of years, this suburb has been on the short list for investors since day one. With a current vacancy rate of 1.2% (SQM Research as of August 2023) and trending figures showing a continual decline of this rate, now is a great time to get into the market.
Core requirements for investors looking for an opportunity is usually the following:
- location close to public transport services
- walking distance to shopping centres and major retailers
- close to local schools, early learning centres and childcare centres
- close to entrances of major arterial roads
- low maintenance dwelling
- low overheads/excellent return on investment
If this is your criteria then we have a great opportunity for you. Bernera Terraces by Jandson Homes. This project is nearing completion (expected late October 2023) and we only have 3 homes left of the original 10. All homes will be complete walk in packages ready to rent. They include:
- Fencing, Turf and Landscaping
- Two Storey Design
- 4 Bedroom
- 3 Bathroom
- 2 Garage*
- 2700mm high ceilings to ground floor
- Fully Ducted Reverse Cycle Invertor Air Conditioning
- Downlights to ground floor. Light fittings to balance of home.
- Caesarstone Benchtops to Kitchen
- Stainless Steel Kitchen Appliances including Dishwasher
- All floor coverings included (Carpet and Tiling) including tiles to Porch and Alfresco
- Plus much more
These freestanding homes are sited on their own individual lot meaning they are normal Torrens Title homes….NO STRATA FEES.
Located in the heart of Edmondson Park, Bernera Terraces are 900m walk to Ed Square Shopping Village and Edmondson Park Train Station. Short driving distance to many local schools and early learning centres. Entrance to M5 and M7 are 5 minutes drive away and many major chain stores such as Woolworths, Bunnings, Costco etc are within the same driving distance.
Land sizing is perfect for the investor as it is low maintenance but large enough for tenants with children to have room to play in.
Most importantly is the low overheads and rental return. With no strata or community fees to worry about and an average rental return of $750 per week (SQM Research as of September 2023) these home offer excellent return on investment.
I’ve saved the best to last. The price. All 3 homes are priced at $995,000.00 each. A quick check on REA (realestate.com.au) will show you that anything sub $1 million in Edmondson Park is hard to find…especially 4 bedroom, 3 bathroom, 2 garage*, Torrens title homes.
If this is of interest please give Julie a call on 0422 866 835 for more information.
Cheers Scott
*1 x locked garage and 1 x off street car space