183A Ravenswood Drive, Westminster, WA 6061

Normally a property like this would be selling well into the $600s. If you have been following prices in the area you will know that. And you will understand the serious value on offer here. The 3-bed 2-bath format is so popular with both buyers and renters. Astute investors will see that this property can easily overcome its cosmetic issues. If you're handy with a brush and roller, then here is a huge opportunity to add value.

RETURN ON INVESTMENT 5.4% (approx)

Current rental being achieved is $620 per week. If you can repaint and re-lease, your next tenant could be paying much closer to $650 per week, pushing your ROI even higher.

Features

Double lockup garage with remote door for secure private parking

Ducted reverse cycle airconditioning throughout

Front home with street frontage

No strata meetings, no strata bank account, no strata fees

Big lot size of 282m2 (approx.)

Whether you are an investor looking for a good income-producing property; or looking for a sweet place to call home - it's very likely that you will find something that you like here and can confidently put forward your offer and stake your claim on this property.

The layout of this home includes two living zones, 3 bedrooms all with built-in robes, 2 bathrooms, a big kitchen with an island bench, the double garage, a paved courtyard garden and a lockable brick storeroom off the courtyard. The amount of storage space here is actually pretty good. You've got the external brick storeroom which will handle plenty, but also inside there is a double-door linen cupboard of good proportions.

The front of the property is low-maintenance paving, but could be enhanced with some landscaping and planting to create a very appealing front garden. Full of possibilities, here you can create just the right ambience and with imagination bring this home to life in just the way you want it to be.

Transport options here include bus routes on Ravenswood Drive and easy access to Reid Highway. Primary Schools, Secondary Colleges and North Metropolitan TAFE Vocational School are all nearby offering great choices for education facilities. The suburb of Westminster is becoming more and more popular as people appreciate the level of suburban amenity here as well as it being located only 10 kilometres from Perth CBD (approximately); less than 10 kilometres to some lovely Indian Ocean beaches, and 13 kilometres (approximately) to Perth Airport.

Key info

Lot 1 on the Strata Plan shows a Lot size 282m2 (approx), of which 152m2 is the building and 130m2 is the surrounding land.

Common driveway

Built 2005 approx.

Triplex villa complex with no strata fees.

Your agent is Gary 0427 746 700 - get in touch with Gary as soon as you can as this property may not last at this price.

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