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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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