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Description: An exciting opportunity to secure a purpose-designed co-living house and land package in the growing northern corridor of Perth.​
Why Clarkson?
Clarkson seamlessly pairs a vibrant coastal lifestyle with everyday convenience in Perth's growing northern corridor.
Coastal Living & Leisure: Minutes from Mindarie Marina and stunning local beaches, offering waterfront dining, swimming, and coastal walking paths.
Ultimate Convenience: Excellent connectivity via Clarkson Train Station, with top-tier shopping at Ocean Keys Shopping Centre, quality schools, and essential services nearby.
Strong Future Growth: Ongoing investment in the area-including the conditionally approved $14M Catalina Plaza (featuring a supermarket, gym, childcare, and medical facilities)-ensures strong long-term value for families and investors alike.
Offering the best of coastal charm, master-planned amenities, and modern connectivity, Clarkson is a smart choice for liveability and growth.
Property & Package Details​:
• Land size: 306sqm​
• Dimensions: 10.72m x 29.2m​
• Land price: $495,000​
• Build price: $518,990​
• Total package: $1,013,990​
• Expected title: 2027​
• Indicative completion: 18-24months​
• Purpose-designed 3-bedroom, 2-bathroom 2 carpark residence plus ​
• Teenage separate 1-bedroom studio​
• Flexible layout providing investors with the potential to lease the accommodation
separately, subject to applicable approvals and leasing requirements.​
Based on today's market, we believe an indicative starting point for the proposed co-living
configuration could be:​
• 3-bedroom residence: from approximately $750/week​
• 1-bedroom studio: from approximately $420/week​
• Combined indicative rent: from approximately $1,170/week​
At $1,170 per week, that represents approximately $60,840 in gross rental income per annum, or
around a 6.0% gross yield on the $1,013,990 package price, before expenses.​
Future Rental Upside​
For illustration only, if rents increased by an assumed 4% per annum, today's combined
$1,170/week indication would become approximately:​
• 2026: $1,170/week​
• 2027: $1,217/week​
• 2028: $1,265/week​
• 2029: $1,316/week​
That would equate to approximately $68,400 per annum by 2029.​
​We can't guarantee future rental growth, particularly for a property that will not be completed for
another two to three years.​
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