OpenCorp’s Quayhouse development in Port Coogee, Fraser Property Australia’s $2 billion master-planned community, is an offering of resort-style living to future residents.
The development, which launched last year, has sold all one bedroom apartments, with only two and three bedroom apartments still available.
Quayhouse consists of only 38 apartments and has been designed with relaxed liveability in mind. This is complemented by the development’s close proximity to the beach and marina.
All apartments have balconies, secure parking and spacious floor plans which make the most of the beautiful location. The jewel in the crown of this project is the breathtaking rooftop terrace which features a plunge pool, outdoor cinema, barbeques, and outdoor dining facilities exclusively for residents use.
“Quayhouse was designed with liveability at the centre, with a strong emphasis on communal areas that offer residents endless entertaining options without having to leave home,” OpenCorp Director Allister Lewison said.
"Whether that be relaxing by the pool, cooking al-fresco using either of the two barbeque areas, or entertaining guests in the dining area before relaxing in front of the private outdoor cinema."Beyond Quayhouse’s rooftop communal areas, the development’s position within the Port Coogee community provides endless opportunities for leisure activities.
Port Coogee is one of Australia’s largest coastal marina developments, with an end value of nearly $2 billion. Once complete it will become home to more than 4000 people and will include a commercial and shopping precinct to provide a full range of opportunities for locals and visitors.
Quayhouse is one block back from a new 300 berth marina and within walking distance to a new Shopping Centre featuring Woolworths and 14 specialty stores, beaches, cafés and restaurants. Port Coogee, is just 7km from the cultural hub of Fremantle and 20 minutes from central Perth.
Designed by architects WMK, a strong emphasis has been made to deliver a high level of design sophistication than typically seen in the area.
Spacious apartments and balconies have been created to seamlessly transition between indoor and outdoor spaces, designed for the sea breeze and warm weather.
“The design at Quayhouse is positioned as one of the region’s most architecturally significant projects with a stunning facade and high quality interiors,” Lewison said.
Each home within the development offers timber herringbone floorboards, stone benchtops and an abundance of natural light.
Lewison said the apartments have been thoughtfully designed with a natural colour palette, ready for residents to add their own signature aesthetic.
Buyers at Quayhouse have the opportunity to customise the design of their apartment to suit their lifestyle and needs, allowing the opportunity to maintain home comforts and transition to apartment living seamlessly.
Two-bedroom apartments in Quayhouse range from 67 square metres to 91 square metres, with prices starting at $397,000.
Lewison believes that despite the resources boom cooling, the time is now and make a smart investment.
"Western Australia continues to contribute 17% of the nation’s overall economic output and has a robust diversified economy, with growth set to return to a sustainable long-term average in the next two years.
“Now is an opportune time to purchase a sound investment, before the Western Australian market strengthens and prices increase across the board. Quayhouse is a property of great value that has the added benefit of high levels of liveability.”
Despite being tailored to the owner-occupier market, Quayhouse is also an appealing investment opportunity due to the strong rental yields.
“Yields are back in line with Brisbane and Melbourne following a period of very strong rental growth.
According to an Urbis report the average Perth yield in June 2016 was approximately 4 per cent, with Port Coogee yields stronger at 5-6 per cent making it an attractive opportunity to investors,” says Lewison.
OpenCorp Director Allister Lewison said that the project was well received by the market, with remaining apartments selling fast and construction anticipated to start imminently.