DOUBLE THE HOUSE - TWICE THE RENTAL YIELD!!

PRIMED FOR DEVELOPMENT – R20/60 POTENTIAL 4 UNIT SUBDIVISION (STCA)

Are you an astute property investor in search of a hidden gem? This is your incredible opportunity to secure a 729sqm 4-unit development block situated on a serene street within Koondoola’s most sort after R20/60 pocket. Strategically located at the heart of Koondoola’s arterial, this property is just a mere skip away from lush parklands, quality schools, bustling eateries, and public transport.

This immaculately presented 1979-character home features a contemporary renovated kitchen, three spacious bedrooms – each equipped with individual reverse cycle air conditioning, renovated bathroom, abundant amount of in-built storage cupboards, and solid jarrah floorboards throughout. The open formal lounge is complimented by the modern kitchen which has been previously renovated and meticulously maintained. It has been fitted with quality appliances and offers plenty of storage space, perfect for any aspiring home chef.

Don’t let the modest facade fool you – greeting you at the rear of the property is a charming self-contained studio granny flat that has been freshly renovated with a modern neutral colour palette. Besides the king-size sleeping quarter, this practical beauty also sports a semi-kitchen and reverse cycle air conditioning. Most impressive is the ensuite bathroom which features brand new ceilings, LED lights, vanity, glass shower, WC and fresh floor tiles.

Potentially yielding an impressive 6% – 6.7%, you would be silly to miss out. Whether you are a savvy investor looking to take advantage of Perth’s tight rental market, a seasoned developer looking to reap the benefits of the subdivision potential or a growing family looking to ground your roots in a family orientated neighbourhood – contact Jessie Nguyen now on 0401 202 995 to register your details. Opportunities to secure a property like this won’t last in this market at this price!

Key Features:
– Large 729sqm, R20/60 block
– 4 unit development potential (STCA)
– 95sqm floor area + granny flat
– East/west orientation
– Relatively levelled block
– Plenty of on and off-street parking

Primary House:
– 3 bedroom, 1 bathroom
– Double tandem carport with drive through access
– Secure fencing with double gate entrance
– Large master bedroom with built in his & her robes
– Spacious secondary bedrooms with built in wardrobes
– Reverse cycle air conditioning to all bedrooms
– Open plan formal lounge with high ceilings throughout
– Renovated kitchen with plenty of storage
– Reverse cycle air conditioning to living area
– Gas stove, electric oven
– Gas hot water system
– In-built dishwasher
– Solid jarrah floorboards throughout
– Renovated bathroom with separate WC
– Large wrap around rear patio
– Garden tool shed to rear
– Raised veggie garden beds to front yard

Studio Granny Flat:
– Large sleeping quarter
– Semi-kitchen with plenty of storage cupboards
– Reverse cycle air conditioning
– Freshly renovated bathroom
– Semi frameless glass shower
– New LED lighting, vanity, and WC to bathroom
– Large format rectified floor tiles to bathroom

Location:
– 0.5km to Burbridge School
– 0.5km to Koondoola Primary School
– 1.0km to Roseworth Primary School
– 1.8km to Waddington Primary School
– 1.5km to Mercy College
– 0.2km to Shelvock Park
– 0.5km to Koondoola Plaza
– 1.0km to Koondoola Community Centre
– 1.5km to Alexander Heights Shopping Centre
– 3km to Malaga Commercial Centre

Rates and Fees:
– Council rates: $1620.00
– Water rates: $816.35
– No strata fees or levies

Property ID: 1241229