GREAT INVESTMENT OPPORTUNITY

This street front brick and tile 3 bedroom, 2 bathroom Villa with fully enclosed yard is waiting for new owners. As this home is currently tenanted until March 2024 it would suit an avid investor to add to their property protfolio as the tenant is keen to stay on.

The home does require a little TLC to freshen it up inside and outside.

The property is well looked after by the tenant with lush gardens to the front and side of the home.

PROPERTY FEATURES:
* 3 good sized bedrooms with built in robes
* Open plan kitchen/meals/family room
* Functional kitchen with freestanding stove, ample cupboard space
* Bathroom with bath, shower and vanity
* Evaporative Air conditioner
* Split system in family room
* Gas bayonet in family room
* Security doors and screens to windows for the safety conscious
* Separate lockup storeroom out the back
* Patio area to the back to relax in
* Carport with room for 2 cars tandem style

INVESTORS:
NO STRATA FEES
58a Hooley Road Midland has an approximate market rent of $430 per week
Using a purchase price of $310,000 results in a gross annual rental yield of 7.21%
Currently Lease until March 2024 to a long term Tenant at $320 per week.
Professionals 5 Star Realty can provide Property Management Services throughout the course of the sale process and beyond and we are conveniently located in Midland and very active in Midland and surrounding areas

LOCATION:
* Midland Gate shopping centre a comfortable 10 minute walk away
* Approx. 20 minutes’ drive to Perth airport
* Appox. 7 Minute drive to Midland St John of God Hospital
* Approx 30kms from Perth CBD
* Midland train station under 2kms away
* Close to the world famous Swan Valley wineries, breweries and cafes

SERVICE CHARGES:
* Shire Rates – Approx $1555 pa
* Water Service – Approx $810 pa

Please note the property is being sold on an ‘AS IS BASIS”

For further information or to arrange a private inspection contact Agent – Maria Downes 0430 21 44 55 or email: maria@5starrealty.com.au

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate, however, may be subject to change without warning at any time and this is often out of our control. Prospective tenants and buyers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner, the Agent and the Agency and are expressly excluded from any contract.

Property ID: 1285380