Whilst most people living within Enclave Luxury Apartments will be owner occupiers, the development also presents an outstanding investment opportunity. The outstanding location with limited supply in the area means that there is very strong capital growth potential and we expect strong rental demand. Price increases in property have historically come when there is a unique product with high demand in an outstanding location.
Enclave is walking distance to Crown, Claisebrook Cove, North Metropolitan TAFE, Curtin University (City Campus) as well as train stations and the CBD. It is also a short walk to the new Perth stadium and footbridge and the new Point Fraser entertainment precinct including Ku De Ta bar and restaurant. Enclave Luxury Apartments is a rare location right in the heart of East Perth.
Perth is undergoing a significant long term shift in demand towards apartment style living. Currently around 11% of Perth’s residents live in apartments whilst in Sydney and Melbourne the percentage is around 30%. As cities grow more and more, people trend towards apartment living. Perth is now a major international city and the time for significant demand for apartment living has come.
One advantage of buying off the plan is that you can secure your ideal property now and not need to settle for around 2 years. All that is required is a 10% deposit. The deposit will be held in a secure trust account until settlement. Your personal property consultant will always be on standby to help you with anything you need.