Bentley

Lord St, Bentley Townhouse

Lord St, Bentley Townhouse

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Student Housing Townhouses in Bentley

Project Overview

In response to the growing demand for student accommodation near Curtin University, JAV Developments embarked on a project to construct four townhouses in Bentley. The primary goal was to create high-quality rental spaces specifically tailored to students, addressing the current shortage of rental properties in the area. The strategic location of these townhouses, in close proximity to the university, makes them an ideal choice for student tenants, offering convenience and accessibility.

Project Features

Each of the four townhouses is thoughtfully designed with five bedrooms and three bathrooms, providing ample space for multiple tenants. The inclusion of a spacious living and dining common area encourages a communal living environment, which is appealing to students. The townhouses are equipped with easy-care gardens and low-maintenance features, making them both easy to build and cost-effective to maintain over the long term. This design approach not only reduces the construction timeline but also minimizes ongoing maintenance costs for the investor.

Strategic Location and Market Demand

Located near Curtin University, these townhouses are perfectly positioned to attract student tenants. With the current rental market under pressure and a shortage of available rental spaces, the timing of this project is advantageous. The townhouses provide much-needed accommodation, helping to alleviate the demand for rental properties while also offering a lucrative investment opportunity. The ability to rent these units to students ensures a consistent and high demand, maximizing the return on investment for the property owner.

Investment and Benefits

The design and construction of these townhouses focus on efficiency and practicality. By prioritizing easy maintenance and a short construction timeline, the project provides a cost-effective solution for the investor. The durable and low-maintenance materials used in the construction will ensure that the townhouses remain in excellent condition with minimal upkeep, making them a smart long-term investment. Additionally, the configuration of multiple bedrooms and bathrooms within each unit allows for flexible rental arrangements, appealing to a wide range of student tenants.

Conclusion

This project showcases JAV Developments’ capability to deliver purpose-built student accommodation that meets market demands and provides substantial investment returns. By leveraging the proximity to Curtin University and focusing on practical, low-maintenance design features, these townhouses offer a valuable addition to the rental market in Bentley. The project not only addresses the immediate housing needs of students but also offers a reliable and profitable investment option for the owner.

Project Details

Location

Lord St, Bentley, WA

Year of Build

2024 to 2026 (current)

Zoning

R40

Size of Block

918m2

Total Build Area

Approximately 220m2 each townhouse

Land Value

$800,000

Building Cost

$2,300,000

Financial Outcomes

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