Oceanic appeal Down Under

Classy and cosy: The interior of a model house in Oceana Estate in Munster, Western Australia. Below is a bird’s eye view of the project site.

WITH a rental guarantee of 5% for 24 months, Oceana Estate’s latest house and land project in Munster, Western Australia is attractive.

Promoted by local housing agency, NB Global Sdn Bhd with APAD Consultancy Pty Ltd of Australia, the project has 11 lots from 182sq m to 200sq m which comes with a single-storey house of three bedrooms, two bathrooms and two car parking bays.

NB Global Sdn Bhd sales manager Tricia Loh said the project is set for completion in Sept 2016 and each unit is priced at AUD$449,000 (RM1.25mil).

She said property prices along the area were between AUD$300,000 (RM840,000) and AUD$600,000 (RM1.68mil) and have been moving upwards over the last18 months.

“Oceana Estate has great potential for attractive returns on investment.

“Other than the rental yield, the project has an annual capital growth of 8% to 10%, and high rental demand among locals and light industry workers from within a 10km to 15km radius.

“The single-level bedroom residences have good designs, great surroundings and good project fit and appeal,” she said.

Munster is 26km from the south of Perth and less than five minutes away from the award-winning Coogee Beach.

Coogee Beach boasts 37km of picturesque Western Australia coastline and a hotspot for surfing, swimming and fishing for locals and tourists.

The amenities available there include a children’s playground, picnic facilities and extended jetty for viewing and fishing.

Near the beach is the Port Coogee Marina which is home to 150 vessels with the tranquil marina waters overlooking cafes and lush parklands.

Loh said with its radiance of lush greenery and strategic location, Oceana Estate is easily accessible to education and medical hubs such as Challenge Institute of Technology, South Coogee Primary School, Murdock University and Fiona Stanley Hospital.

Interested buyers can contact international project sales executive (sales & marketing) Mark Neoh at markneoh@apad.com.au or www.apad.com.au.

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