- Hammond Park is located 16 minutes south of Perth CBD (23 km), along major transport routes, in Perth's growing southern corridor.
- The region is reaping the benefi ts of unprecedented investment in infrastructure, the most significant being the Perth to Mandurah railway.
- Easy access to Kwinana Freeway and future railway station.
- Most amenities are within 2km of the subject property.
- Close to Jandakot and Atwell primary schools, local shops, Glen Iris golf course, and the Gateways shopping centre.
- Short 8km drive to Coogee beach.
- Located near strategic employment centres of Henderson Industrial Estate, Bibra Lake Industrial Area, Kwinana Industrial Park, Fremantle, Murdoch and Canning Vale.
- Excellent rental potential of $240 - $265 per week upon completion, based on advice from a local real estate agent – Realty One, whose property management office in Winthrop manages approximately 700 properties of which more than 100 are situated in the Success/Hammond Park area.
- The $337,500 median house price in Hammond Park for the September 2005 quarter was above the $308,000 Perth median.
- Hammond Park experienced approximately 8% growth in the median house price over the corresponding 12-month period.
- Property prices are expected to record strong growth due to the proposed:
- $500 million Port Coogee marina development including a marina village and commercial precinct, which will create employment and deliver substantial economic benefits to the Cockburn region.
- Cockburn Central Town Centre
- Expansion of the Gateways Shopping Centre to include Big W and 15 specialty shops by late 2006/07.
- Save up to $6,000 as stamp duty is payable on land and not on the building component. Owner-occupiers may be eligible for further stamp duty concessions.
- Investors are advised to engage DEPPRO to prepare a professional tax depreciation schedule specific to the property purchased for $495 and claim thousands of dollars in tax benefi ts each year.
Building costs have been escalating at up to 23% over the past 2 years, and are likely to continue rising in the foreseeable future. The building contract in this package, signed within the stipulated timeframe is at today's price and is fixed throughout the construction period. Avoid the likely escalation in construction costs by locking in today.