1/18 Stannard St, St James, WA 6102

Phone Enquiry Property ID: 2454 (Quote when calling or texting)

For the astute investor or SMSF portfolio, this prime location 5x3 is within 7kms of the city and less than 1km from Curtin Uni or TAFE, close to bus routes, and close to the Vic Park Cafe strip.

With the interest rate hikes, there are not too many properties left in the country that have such cashflow yield potential. If you are looking for a positively geared property for your SMSF or positive cashflow to help your lifestyle, this property in a bluechip location has a lot to offer.

Supercharge your investment portfolio with this money maker with the potential to earn $1300 per week (long-term room-by-room) or upto $1800 per week (short-term on Airbnb), this property has a solid 9-10% yield no matter how you choose to manage it. We have had interest from educational institutions and even mining companies bringing people into Perth through our existing property manager who will be more than happy to carry on with the new owners.

A few features of the property as follows:

- Big Master bedroom with a spacious walk-in robe, and a decent sized attached bathroom.

- Four bedrooms with the ability to fit a double bed. Not many properties in the area can fit a double bed in each room!

- Bedrooms have a built-in robe and a built in desk for convenience.

- Security grills

- a very spacious 2.5 car port ( 2 cars + bikes can fit easily). Free street parking and verge parking without any permits.

- NO STRATA LEVIES. Strata size is 270sqm because the entitlement boundary traces the contour of the front all the way to the front of the carport and entrance. So the effective area will feel more like 300+sqm

- Recent partial renovations to the house (chrome tapware upgrade, new Rangehood, partial painting, Solar Panels, structural repairs etc) means there is a good depreciation profile too.

- walking distance to IGA supermarket, post office, a beautiful coffee shop, wood fired pizza restaurant, auspost newsagency, (halal) butcher, a beautifully upgraded park with table tennis, or mini tennis too.

- proximity to public transport, bus routes nearby with a single bus ride straight to city, Vic Park cafes and restaurants, Curtin Uni, or Westfield Carousel Shopping Centre.

Considering capital growth?

A neighbouring 4x3 unit is listed for $920k on the same street, indicating substantial potential in this sought-after locale which is now topping $1M in recent property sales. (Current EOI guide 750k+)

Calculate the opportunities, assess the amenities, and make your best offer for a wise investment move. This is a unique offer with income-making potential to pay off your mortgage and more with positive gearing.

So much opportunity, so many amenities close by, you do the math and put your best offer forward while you can

Viewings are by appointment only given the occupancy we limit the viewing bookings to 2 weeks in advance for the best offers received*