Unlock the potential of urban investment with our innovative 2-Story Narrow Lot Design. This cutting-edge terrace house is meticulously crafted to offer a multitude of benefits, making it an exceptional choice for investors seeking lucrative opportunities:<br/><br/>Affordable Urban Living:<br/>Our 2-story narrow lot design is tailored for the modern urban lifestyle without compromising affordability. Ideal for first-time homebuyers and young couples, this design optimizes space and construction techniques, providing an affordable entry point into coveted metro suburbs.<br/><br/>Prime Location Advantage:<br/>Embrace the allure of town center living! These terrace houses are strategically positioned in popular town centers, offering proximity to transport and amenities. This prime location enhances the property's value and attractiveness to potential tenants.<br/><br/>Lifestyle Excellence:<br/>Catering to the needs of downsizers, our terrace houses are a perfect blend of comfort and low maintenance. Enjoy a lock-and-leave lifestyle close to family and friends, with pet-friendly features that add to the overall appeal for tenants seeking a hassle-free living experience.<br/><br/>Robust Rental Returns:<br/>Elevate your investment portfolio with excellent rental returns. The design and location of these terrace houses make them highly appealing to tenants, ensuring a steady stream of income for savvy investors looking to maximize their returns.<br/><br/>Investment in our 2-story narrow lot design promises a range of advantages, aligning perfectly with the aspirations of discerning investors:<br/><br/><br/>Myella: Where Nature Meets Modern Living<br/><br/>Location and Size:<br/><br/>Myella is situated on the northern banks of Lake Joondalup and Yellagonga Regional Park in Wanneroo, just 32km north of Perth CBD.<br/>Covering an area of 11.4609 hectares, Myella is a boutique community featuring 194 homes upon completion.<br/>Parks and Playgrounds:<br/><br/>Myella offers two new parks within the estate, providing landscaped areas with playgrounds, nature play equipment, shaded seating, and generous grassed areas for family enjoyment.<br/>Residents also have easy access to nearby parks such as Neil Hawkins Park in Joondalup and Rotary Park in Wanneroo, as well as the expansive Yellagonga Regional Park.<br/>Schools and Childcare:<br/><br/>The community is served by several reputable schools including Joondalup Primary School, Carramar Primary School, St Stephen’s School, and Lake Joondalup Baptist College, among others.<br/>Childcare options are available within close distance in Wanneroo, providing convenience for families with young children.<br/>Shopping and Entertainment:<br/><br/>Residents have access to various shopping precincts such as Drovers Shopping Precinct, Candlewood Village Shopping Centre, and Carramar Village Shopping Centre, offering a range of retail and dining options.<br/>Entertainment options abound with attractions like the Wanneroo Botanic Gardens Mini Golf, Joondalup City Centre, Burns Beach, Mindarie Beach & Marina, and Hillarys Boat Harbour located within easy reach.<br/>Transportation:<br/><br/>Myella benefits from proximity to Currambine Train Station and Transperth bus services operating along Wanneroo Road, providing convenient transportation options for residents.<br/>Major road connections including Wanneroo Road and Joondalup Drive offer easy access to surrounding areas and Perth CBD.<br/>Investment Potential:<br/><br/>Myella has experienced a steady increase in median property prices over the past five years, translating to a 38.96% capital gain, with the median home price rising to $535,000.<br/>Real estate investors can potentially earn a rental income of $550 based on current median home prices, with the suburb offering a rental yield of 5.35%.<br/>Summary:<br/>Myella offers residents the perfect blend of natural beauty and modern convenience. With its idyllic location near Lake Joondalup, ample amenities, reputable schools, and easy access to transportation, Myella provides a tranquil and desirable living environment in the heart of Wanneroo.<br/><br/>Disclaimer:<br/>The land advertised in this package is not owned by Locale Homes and must be purchased from the owner. The land may no longer be available at the time of your enquiry. The house design may need to vary to comply with design guidelines, DAPs, estate covenants or any other land developer requirements. Any costs for these changes will be paid for by the purchaser. Images and floor plans that have been shown are for illustration purposes only. Photographs and floor plans may not be truly representative of final designs. Some fixtures, features and landscaping may not be supplied by the builder so please call the agent for full information.<br/>
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