Frasers Property Australia has a rare opportunity for investors in the growing Perth market, with fully tenanted, completed apartments available now at Queens Riverside with the option of a rental guarantee on offer.
Queens Riverside (pictured below) is a mixed-use development in the heart of East Perth which combines residential apartments with a hotel, commercial offices, a retail offering and service-based businesses.
Fraser Property Australia General Manager Development Western Australia Tod O’Dwyer said low rental vacancy rates in Perth combined with historic low interest rates meant it was an attractive time for investors to secure their future with a well-located apartment.
“This is a unique opportunity for investors given the low levels of constructed apartments available in Perth, particularly in the East Perth market,” he said. “The WA economy has recovered to the stage that a new growth cycle is now playing out. This strengthening market is evident through the outstanding success of several local projects in the Frasers Property portfolio over the past six months, including East Green and Port Coogee.”
QI (pictured top right) is the final apartment tower in the award-winning Queens Riverside precinct, with each apartment having access to resort-style amenities, including a fully equipped gym, a swimming pool, poolside barbecue facilities and more. QI’s well-planned apartment designs create comfortable, spacious and modern living spaces.
Sixty of the 80 apartments available for purchase have tenants currently in place, managed by Frasers Property Management.
A selection of one, two and three-bedroom plus study options are now on offer within the QI building, perfect for investors looking for an apartment with considerable upside potential and the option to move in later. There are also vacant apartments available, which will be refurbished prior to sale.
Additionally, Frasers Property is now offering a five per cent rental guarantee for two years, plus discounts on property management fees for investors who engage Frasers Property Management for a two-year period. This means investors can expect at least a five per cent return on their investment for at least the first two years, or Frasers Property will make up the difference so they achieve a five per cent return in that timeframe.
“With Perth CBD continuing to benefit from ongoing investment in infrastructure, culture and hospitality, this is an ideal time to secure a quality apartment in a high-profile address and be positioned to capitalise on the new growth cycle,” Mr O’Dwyer said.
The Frasers Property Management team is located onsite at Queens Riverside for the convenience of both tenants and owners.
Queens Riverside is the eastern gateway to the Perth CBD, overlooking the majestic Queens Gardens and is only minutes away from shopping and entertainment options, as well as Perth’s best attractions such as Optus Stadium.
“For investors and owner-occupiers alike, Queens Riverside enjoys one of the city’s best locations in the heart of Perth’s natural jewels, including the stunning inner-city park and the iconic Swan River,” Mr O’Dwyer said.
If only every investment came with a 5% rental guarantee for 2 years*. Fully tenanted Queens Riverside apartments now selling. Hurry, limited time offer.