Investment Propert

<html><body>
Australian Development Capital will offer a centralised short-stay management system in their latest development, 11 Freeman Loop, in Perth’s Leighton Beach precinct.

The project will be the first of its kind in Western Australia, accommodating both owner-occupiers and investors seeking short-stay or long-term rentals with dual-key options available.

ADC submitted the development plans to the City of Freemantle late last year, with sales projected to commence in the second quarter of 2021.

[smartcode_project:default project_id=24323]

The six-storey building will offer 52 apartments, comprising one, two and three bedrooms, and communal space in the form of a pool and lounge area.

Designed by MJA Studio and Aspect Studios, the development will feature purposely built, short-stay design elements, and will boast views of the Indian Ocean, Swan River and Fremantle Port.

A centralised short-stay manager, a keyless technology solution for residents and guests and centralised cleaning and linen service has been included in the project’s proposal.

Construction is expected to begin towards the end of this year.

<h2>What are dual-key apartments?</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-19_at_12.22.54_pm.png" rel="gallery-all" title="Image: ADC_"><img alt="" class="image-article-full-width-580px" height="219" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-19_at_12.22.54_pm.png?itok=72Pe0Q1O" title="Image: ADC_" width="580"></a>

<figcaption>Image: ADC_</figcaption></figure>A dual-key apartment is one apartment divided into two residences, opening up the opportunity for owners to sublet or set up shared living arrangements. Freeman Loop’s unique design turns one of the bedrooms in a two or three-bedroom residence into a studio apartment.

These apartments can be utilised to create income for residents or offer a separate independent living area for older children or elderly relatives.

You can read about why dual-key options are a good idea <a href="https://www.urban.com.au/news/why-a-dual-occupancy-is-a-great-idea-and-how-to-find-the-right-builder" target="_blank">here</a>.

<h2>Other apartments on the market in Perth</h2>

1. <a href="https://www.urban.com.au/buildings/the-precinct-893-canning-highway-mount-pleasant" target="_blank">The Precinct</a>, Mount Pleasant 
Address: 893 Canning Highway, Mount Pleasant WA 6153 
One-bedroom apartments from $470,000

<a class="colorbox colorbox-insert-image" href="https://www.urban.com.au/buildings/the-precinct-893-canning-highway-mount-pleasant" rel="gallery-all" target="_blank"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-precinct-893-canning-highway-mount-pleasant-85fe3ae4cc986d1b4ab67c207143f657_0.jpg?itok=YdlULoIq" width="580"></a>

Located close to 10 kilometres south of the CBD is Mount Pleasant’s latest development, The Precinct. Delivered by Norup + Wilson, the project is situated on Canning Highway in an area expected to be transformed with an expanded train station and revitalised town centre on par with what was witness in Subiaco.

Designed by Woods Bagot, the 22-storey smart building will offer residents electric car charging points, centralised home automation and E-keys, as well as apartment views spanning from Kings Park and the CBD in the north to the converging Swan and Canning Rivers. 
 

2. <a href="/buildings/the-residence-152-scarborough-beach-road-scarborough">The Residence</a>, Scarborough 
Address: 152 Scarborough Beach Road, Scarborough WA 6019 
One-bedroom apartments from $429,000

<a class="colorbox colorbox-insert-image" href="https://www.urban.com.au/new-apartments/the-residence-152-scarborough-beach-road-scarborough" rel="gallery-all" target="_blank"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-residence-152-scarborough-beach-road-scarborough-22bbd13900f673d448ce42789b1878ea.png?itok=-Kx-a6aa" width="580"></a>

If the beachside suburb of Scarborough is more your style, look no further than The residence. Located within walking distance to Scarborough Beach and overlooking the ocean, The residence provides style, luxury and premium living at a competitive entry price of $429,000.

Designed by the Fratelle Group, the project features a striking roof, central courtyard and spacious rooftop garden deck. Its apartments offer double-glazing, high ceilings and tailored living with unique residences and quality finishes.

View the full list of <a href="/news/wa/8-of-perth-s-most-stylish-new-apartments-on-the-market-right-now">Perth’s most stylish new apartments on the market right now</a>.
</body></html>

Dual-key options are available off-the-plan at Australian Development Capital's latest development, 11 Freeman Loop in Perth's North Fremantle

max.kwok_55688

ADC set to bring dual-key apartments to Perth's Leighton Beach precinct

<html><body>
GUEST OBSERVATION
With record low rental yields nationally, property investors should open their eyes to the benefits of renting their investment properties to tenants with pets that have good references.   Capital growth has far outpaced rental growth nationally and this has forced yields to record lows. Yet many investors refuse to consider applications from tenants with pets, despite research that shows some are willing to pay slightly more rent and that they tend to stay longer.   The reality is that when landlords agree to flag their rental property as Pet Friendly with First National Real Estate, the chances of getting their vacant property leased quickly grows exponentially.   The Petcare Information Advisory Service (PIAS) indicates 66 per cent of Australian families have pets so the majority of our 23.13 million population values pet ownership. Yet just 2.1 million families or 9 per cent of the population are able to rent properties with their pet.   The challenge of finding rental properties where landlords will consider pets leads to some 65,000 pets being surrendered to the RSPCA on an annual basis. Unfortunately only some 22% of animals surrendered are able to be re-homed.   Because tenants understand how difficult it can be to rent a property with their pet, many are prepared to discuss the amount of rent they’ll pay. They often have references from previous real estate agents and landlords that make their application more attractive.   Property Managers can take additional steps to protect a landlord’s interests such as adding specific clauses to the lease, requiring annual steam cleaning of carpets, and in some states, negotiating a pet bond. Good tenants understand these are realistic trade-offs that help their landlord to feel more confident about their intentions.   On any given day, about 5.7% of First National Real Estate’s vacant rental properties are available through the network’s Pet Friendly Rental Search feature, with the most Pet Friendly states being Queensland and Tasmania – equally offering 12.5% of vacancies as Pet Friendly. The network assisted Dr Emma Power’s University of Western Sydney 2013 research – Renting with Pets in Sydney – and has cooperated with the PIAS in the creation of educational booklets and the promotion of socially responsible pet ownership. It encourages landlords to discuss their concerns with Property Managers and weigh the merits of all applications.
RAY ELLIS is First National Real Estate's chief executive.
</body></html>

Investment Propert

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Investment Propert

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News