Targeting 43%+ Return on Equity*

The Westbridge Como Fund provides a rare opportunity to invest in an eleven-unit townhouse development in the high demand suburb of Como.

This development will meet growing demand for low maintenance townhouses that combine space, privacy and luxury. Furthermore, from a development perspective, the townhouse market has not experienced the same level of construction cost escalation as seen in the apartment market, and there is a wider pool of builders who operate in this sector.

 The Urban Development Institute of Australia – WA Division (UDIA WA) reports that townhouses are fast emerging as an attractive option for developers, driven by a combination of demand and supply fundamentals. For more information, read this article.

The Como townhouse development caters for a wide variety of buyers including downsizers, young professionals and families due to its proximity to the CBD, public transport and quality schools.

Each townhouse is planned to feature a minimum of 3 bedrooms, 2 bathrooms and 2 secured car bays.

This fund is open to wholesale investors with a minimum investment of $100,000. Find out here if you qualify.

TOTAL RAISING | $3,900,000

MINIMUM INVESTMENT | $100,000*

FUNDS DUE | 10 March 2023

TARGET INVESTMENT TERM | 28 months

THIS FUND IS NOW FULLY SUBSCRIBED. REGISTER TO BE NOTIFIED OF FUTURE INVESTMENT OPPORTUNITIES BELOW:

Register Future Interest

Como is an established suburb bound to the west by the Canning and Swan Rivers. Part of the City of South Perth’s municipality, Como experienced its most significant development during the 1950s and 1960s, with gradual growth since the early 1990s as new dwellings were added to the area.

Parks and reserves are a dominant aspect of the Como landscape, such as one of Como’s most notable features, the international standard 27-hole Collier Park Golf Course. The Como Hotel is a popular bar, café and restaurant in the suburb and a recognisable fixture of Canning Highway. There are also shops in the area to service local requirements, as well as four local schools, including prestigious private schools Penrhos College and Aquinas College.

Address: Corner Lot: 37-39 Ley Street and 16 Philp Avenue Como | Total Purchase Price: $3,200,000 | Site size: 2,379sqm
Site Orientation: A corner lot fronting East (45.38 metres) and South (52.85 metres)
Zoning: Centre under the City of South Perth Local Planning Scheme No.6 (LPS6)

Nearby Amenities

200m – Ley Street Retail Shops

100m – Neil McDougall Park

<850m – Canning Bridge Station and Kwinana Freeway

400m – Manning Primary School

2.5km – Curtin University and Waterford Plaza Shopping Centre

<2km – Penrhos College and Aquinas College

4km – Collier Park Golf Course