Purpose-Built Six-Suite Co-Living Asset with Strong Cash-Flow Potential
This brand-new investment has been specifically configured for the growing co-living and shared-accommodation market, offering six private bedroom suites within a modern, low-maintenance residential asset.
Each suite incorporates its own ensuite bathroom and kitchenette/vanity area, providing tenants with a high degree of independence while retaining access to a shared kitchen and communal living space.
With room rates currently advertised from $320 per week, the property offers the potential to generate close to $2,000 per week in gross rental income when fully occupied.
Investment Highlights
- Brand-new purpose-built co-living configuration
- Six private bedroom suites
- Six private ensuite bathrooms
- Individual kitchenette/vanity facilities to each suite
- Communal full-size kitchen
- Shared living area
- Advertised rents from $320 per room per week
- Premium rooms with garage parking advertised at $350 per week
- Potential gross income of up to $1,980 per week
- Potential annualised gross income of up to $102,960
- Indicative gross yield of up to approximately 10.3% at the asking price
- 191 m² of building area
- 450 m² low-maintenance allotment
- Air conditioning
- Built-in storage
- Modern new-build finishes
- Two secure garage spaces plus additional parking
- Potential depreciation benefits associated with new construction, subject to quantity surveyor advice
- Diversified income across multiple individual occupants
- Target market includes FIFO workers, professionals, students and workforce accommodation
Nearby Amenities & Lifestyle Drivers
The property is located within an established coastal regional centre offering a strong mix of employment, lifestyle and essential infrastructure.
Nearby tenant amenities include:
- Major shopping centres and supermarkets
- Regional CBD and commercial precinct
- Waterfront dining and recreation
- Beaches and coastal attractions
- River access and boat-launching facilities
- Walking trails and parkland
- Schools and education facilities
- Healthcare services
- Cafés, restaurants and entertainment
- Public transport connections
- Sporting and recreational facilities
The combination of employment access and lifestyle amenity creates appeal across professional, contract-worker, FIFO and longer-term tenant markets.
Employment & Economic Drivers
The surrounding regional economy supports more than 24,000 local jobs and is underpinned by a broad mix of industries.
Major employment sectors include:
- Healthcare and social assistance
- Construction
- Retail
- Education and training
- Tourism and hospitality
- Mining-related employment
- Professional and community services
Healthcare is a particularly important growth driver, supported by significant investment in a new major hospital that will expand emergency, mental health, inpatient and outpatient services.
Continued population growth, construction activity and expanding healthcare infrastructure provide supportive fundamentals for accommodation targeted toward workers and professionals.
Transport Connectivity
- Approx. 5–10 minutes to regional CBD
- Convenient access to metropolitan rail services
- Direct rail connectivity towards Perth
- Approx. 60–70 minutes to Perth CBD by road
- Approx. 60–70 minutes to Perth Airport
- Access to major arterial routes connecting Perth and the wider Peel region
- Local bus services
- Strong connectivity to surrounding employment, retail and healthcare precincts