Discover this well-presented retro gem located at 19 Meagher Way, Beechboro, WA. Built in 1978, this delightful three-bedroom, one-bathroom home sits on a generous 734 square metre block, zoned R20/35, offering exciting development potential (subject to approvals). Step inside to find 122 square metres of internal living space, featuring a large front living area with split cycle air conditioning, ensuring comfort year-round. The central kitchen area boasts a retro exposed brick design, complete with modern appliances and ample storage, seamlessly connecting to the spacious dining and living areas. Welcome home!
Property Highlights:
- Three-bedroom, one-bathroom home built in 1978
- Internal floorspace of 122 square metres!
- Total block size of 734 square metres, zoned R20/35, meaning that there may be potential for subdivision, subject to relevant council/other approvals.
- Vacant and immediately ready to live in and enjoy!
- Split cycle air conditioning, and ceiling fans
- Centrally located kitchen
- Attractive exposed brick 'retro' design
- Single car garage
- Elevated position on block, great street appeal
- Brick and tile construction
- Large rear sleepout area, enclosed, excellent for entertaining or conversion to additional living space
- Extremely large living room/lounge space
Investor Summary:
- The property is currently vacant, with an approximate market rent of $600 per week
- Using the purchase price and market rent, the property brings an estimated gross annual rental yield of 4.48%
- HouseSmart Real Estate is highly active in Beechboro and the surrounding suburbs, and is extremely ready to provide top quality Property Management services throughout settlement and beyond.
The property includes a large enclosed rear sleepout, providing additional versatile living space perfect for entertaining or relaxing. Each of the three bedrooms is equipped with ceiling fans, and the home is serviced by a well-maintained bathroom and separate toilet.
Outside, the expansive backyard offers plenty of room for outdoor activities, complemented by a garden shed for extra storage.
Secure parking is available via the garage, and the property is equipped with broadband, reverse cycle air conditioning, and secure parking. The outdoor entertainment area is perfect for hosting gatherings with family and friends.