A modern mix 1, 2 & 3 bedroom apartments in Subi

Olive St. Subiaco

Olive St will be a part of the exciting revitalisation of Subi connecting you to everything this esteemed suburb offers. Featuring a mix of beautifully finished 1, 2 & 3 bedroom apartments, commercial spaces and retail amenity, you will thrive in this inner-city precinct, while relaxing in the ambience of your brand-new apartment. Construction is well underway, register early interest in this premium residential development.

 

Min Price

$622,500

Location

Subiaco, WA

Property Type

Max Bedrooms

3

Est. Completion

Mid-2025

Availability

30% SOLD

Min Price

$622,500

Location

Subiaco, WA

Property Type

Max Bedrooms

3

Est. Completion

Mid-2025

Availability

30% SOLD

Currently under construction

Olive St. is a rare opportunity to secure a brand-new apartment off the plan in one of Perth’s most characterful and charming inner-city suburbs.

Situated over six levels, each apartment soaks up lots of natural light, while providing you with a choice of premium designs that enjoy city views, northern aspects, and beautiful character rooftop views over Subiaco.

Set to feature a range of one, two and three bedroom apartments, all finished to the highest of standards design, functionality and quality. Each apartment comes complete with entertainer style kitchens fit with premium appliances, ample storage and flow. Living spaces have been designed as open-plan connecting to spacious terraces or balcony’s allowing you to enjoy seamless indoor/outdoor living.

More than just apartments, Olive St. will also feature a residents’ lounge, gym, garden & BBQ retreat, and a co-working hub for those that prefer to work from home, but enjoy home life separation.

  • Now selling off-the plan from $622k
  • Located in Subiaco, Perth
  • Construction completion due for mid-late 2025
  • One, two and three bedroom apartments available
  • Access up to $50k of stamp duty costs
  • Amenities include a residents' lounge, gym and co-working hub

Up to $50,000 Off Stamp Duty

Currently under construction with completion forecasted for mid-2025, the Olive St apartments qualify for the new WA Stamp Duty Concession up to 75% off stamp duty up to the value of $50,000 during the construction period.

To be eligible, a contract to purchase must be signed between 31 August 2023 and 30 June 2025 (inclusive) and the contract must be signed while the apartments are under construction. Stamp duty savings vary based on the apartment purchase price.

*Images for illustrative purposes

Pricing & Availability

1, 2 & 3-bedroom apartment designs available. Construction underway, forecasted for completion mid-2025. Access up to $50k off stamp duty costs before completion.
1 BEDROOM
From $622k
9 available
2 BEDROOM
From $812k
32 available
3 BEDROOM
From $1.239m
8 available

Specifications

Quality Standard Inclusions

Engineer timber flooring to living, dining and kitchen areas, built-in robes to all bedrooms, ducted reverse-cycle air conditioning to living room and bedrooms, LED light fittings, smoke alarms, and TV points to living and master bedroom.

Energy Efficiency & Sustainability

Electric vehicle charging bays, solar for common areas, energy efficient LED lighting to apartments, and embedded energy network system to assist with energy saving initiatives.

Kitchens

Stone benchtops, 600mm European appliances, stainless steal sink and mixer, recess for fridge, dishwasher and microwave,

Ensuites, Bathrooms & Laundries

Stone vanity bench tops, luxury ceramic floor and wall tiles as per interior design scheme, semi-frameless clear glass show screens, and dryer.

Amenities

Residents’ garden, working hub, gym, residents’ lounge, BBQ entertaining area, and ground floor commercial future planned for retail, food & beverage.

Security Features

Intercom security for controlling access to apartments, contactless access to lifts, CCTV throughout the main entrance and access areas, secure basement car parking, and secure after-hours access system.

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INVESTMENT PROFILE

Subiaco investment opportunity

It’s easy to see what makes Subi such a sought-after suburb to call home. Residents can experience the very best of what Perth has to offer right on their doorstep.

Median Rental Return in Subiaco (Units):

1 bed: $522 per week

2 bed: $650 per week

3 bed: $840 per week

Average Rental Yield (units):

1 bed: 6.7% rental yield

2 bed: 5.9% rental yield

3 bed: 5.2% rental yield

*realestate.com.au/realestateinvestar.com.au, July 2024.

INVESTMENT STATS
  • Vacancy Rate: 1.30%*
  • Median days to rent: 15*
  • Annual Rental Growth (units): up 8.4%*
  • Median Property Price (houses): $1,680,000* (up 11.6%)
  • Proximity to CBD: 2.3km

Inner-city location

Olive St is part of the exciting revitalisation of Subi that will connect you to everything this esteemed suburb offers, shops, bars, restaurants, parks and so much more are all on your doorstep.

Subi is a truly sought-after suburb to call home. With the Perth CBD right on your doorstep, the Swan River and Kings Park just moments away, trains and buses to keep you connected and an abundance of great coffee, bars and nightlife within walking distance from your apartment, this is true inner-city living and yours to experience.

olive st subiaco

Want to know more about this project?

Our Development Team

Meet the experienced team behind this project.

DevwestDeveloperWith a focus on delivering premium quality apartments, Devwest is committed to creating sustainable, modern and connected places that allow people to thrive. Devwest have a proven track record of success, developing a range of commercial and residential projects throughout Perth and interstate.Dev West Logo
MJAArchitectMJA is made up of a tight-knit family of architects and designers, with a common desire to create developments that offer enduring value. MJA Studio take a collaborative approach to every project, enjoying award-winning success across a range of premium developments.MJA Studio Logo
Plus ArchitectureInterior DesignPlus Architecture is an award-winning, integrated master planning, architecture and interior design practice that helps to push design boundaries and create innovative interior concepts. Plus creates liveable and useable spaces that enhance and complement residents’ daily lives.Plus Logo
EMCOBuilderEMCO Building is a multi-award winning progressive building company. With over 35 years’ experience in providing high-quality buildings across all sectors of the WA construction industry, EMCO Building has proudly helped to deliver many prestigious apartment developments.EMCO Building Logo