Lot 212, 24 Langston Close, Port Kennedy WA 6172

24 Langston Close, Port Kennedy is an established coliving investment that already earns income and comes fully furnished. It was built in 2006 as a standard four bedroom, two bathroom home and has since been reconfigured into six income producing rooms and four bathrooms.

All six rooms are currently rented to residents and on our rent roll. Current room income totals $1,545 a week. That's $80,340 a year and an 8.16% gross yield at the asking price.

At 80% LVR and 6.50%* interest only (*subject to lender), the home is close to cash neutral.

Property features:

- 6 bedrooms, 4 bathrooms, 2 car
- Fully furnished, with all furniture included in the sale
- 518 m² block, 209 m² building area
- Zoned Residential R20, City of Rockingham
- Converted from 4/2 to 6/4 for coliving
- Current rents of $190 to $310 a week per room

Port Kennedy is a growing coastal suburb close to beaches, shops, schools and the Kwinana Freeway. It suits investors looking for strong, established income from purpose-designed shared living, with no setup needed.

A full investment leaflet is available on request, with the floor plan, room by room income and a year one cashflow model.

Asking price: $985,000

Rental income is current as at November 2026. Cash flow figures are estimates based on 80% LVR, 6.50% interest only and a 5% vacancy allowance, before depreciation, land tax and income tax. They're not a valuation or financial advice, so buyers should get independent legal, financial and tax advice.

Note: property photos are from 2022.