285 Morley Drive East, Lockridge, WA 6054

Don't miss out on this incredible opportunity to gain a massive piece of land and quality home that is nearby shops, schools and parks, set on a huge 728 square meter block that is filled to the brim with great features such as split system air conditioning, roller shutters, built in robes, and a storage shed to the rear. Currently vacant, this property is ready to be immediately moved in to, or make the most of the estimated rental yield of 5% by renting it out! From it's large land size to attractive interior there is a lot to love about this property - so make sure that you don't miss out!

Property Highlights:

- Three-bedroom, one-bathroom property

- Approx. 728 square meters land size

- Approx. 84 square meters interior size

- Zoned R20/50

- Split system air con to living area

- Roller shutters around home

- Security cameras

- Kitchen with built in cabinetry, built in oven with gas hotplates, wide stainless steel sink

- Built-in robes, automatic roller shutters and split system air conditioner to main bedroom

- Wrap around undercover patio to rear

- Large backyard with storage shed, lawn area, and gates to carport

- Bore system for front garden

Investor Summary:

- This property is currently vacant, and ready for immediate move-in or leasing out

- Market rent for 285 Morley Drive East is approximatively $550 per week

- Based on a purchase price of $570,000 and market rent, the estimated rental yield for this property is 5%

- HouseSmart Real Estate is highly active in Lockridge and the surrounding areas - with an office in nearby Beechboro! - and can provide high-quality property management services from settlement and beyond.

To the exterior of the home you will find a large front yard with front brick fencing and a driveway with space for multiple cars to park as well as carport space. Going inside however you will see the beauty and potential of this home, which holds large living spaces, an updated kitchen area ready for you to utilise, and three sizeable bedrooms.

The front living area, which provides a welcome area as you enter the home, features wood-look floorboards, and decorative wooden & glass doors that add to the décor of the room. A nice living room set would complete the room and make this the perfect place to come home to after work and relax in the embrace of your new home!

The nearby kitchen can be accessed from this living area, although acts as a separate space through the use of the floor tiling. This kitchen has been updated since the property's original build, now featuring modern cabinetry with rounded handles, as well as an original wooden overhead cupboard, a wide stainless steel sink, overhead rangehood, and a built in oven with gas hotplates.

The three bedrooms in the home are quite a good size, all with large windows that all in a lot of natural light. The main bedroom, which is the biggest of the three, features it's own split system air conditioner, as well full-length built in robes with four doors. The bathroom nearby to the bedrooms has a modern vanity, and a shower with moveable showerhead.

To the rear of the home, step out the back door and find the outdoor undercover patio, which stretches from one side of the house to the other, and down the side of the house. Perfect for entertaining needs, there is a barbeque area here that you could bring up to good working condition again, providing the ultimate space for Aussie cookouts, outdoor dinner with friends, family birthdays and summers playing cricket in the backyard. For the simpler days, put a table and chairs out here and you can relax under the cover of the patio and watch the kids or pets play in the yard.

Nearby the home you have Korbosky Park and Mary Crescent Reserve, both of which are great areas to walk to and around, with bush areas, walking paths, lakes and playgrounds. You also have the larger Rosher Oval only around 15 minutes from the home, and Lockridge Primary School right next door to this oval. Other schools within walking distance to the home include Eden Hill Primary School (1.6km) and Good Shepherd Catholic School (1.1km). As for shops, IGA Kiara is only approx. 20 minutes walk from the home, and the larger Altone Park Shopping Centre only a few short minutes drive. The Bassendean shops and train station are also only around 5 minutes drive.

Dreaming of your own home, first home, or an investment for someone else to call home? This property has it all. Three bedrooms to give room for the whole family, a great living space to relax in, and an outdoor area to make the most of. However you want to utilise the property, these 728 square meters are ready for you to call home!