2/31 Howe Drive, Cable Beach, WA 6726

2/31 Howe Drive, Cable Beach, WA 6726 Long Term GROH lease Generating 9.5% ROI

Giles Tipping is proud to present 2/31 Howe Drive in Cable Beach to the market.

This charming townhouse presents a remarkable investment opportunity, currently leased to GROH at $1,150 per week until 6th October 2028. With an impressive 9.5%+ ROI, this property offers excellent returns for savvy investors.

The property offers spacious living across two levels, perfect for both comfortable living and solid investment potential. The property is located in a well-maintained complex, providing an ideal balance of convenience and low-maintenance living.

The lower level features a tiled living room that ensures easy maintenance and a sleek modern look. It also includes two large carpeted bedrooms, each equipped with built-in robes and air conditioning for year-round comfort. The family bathroom is conveniently located, as well as the separate laundry. From here, you have direct access to a timber-decked alfresco area, leading out to an expansive rear yard complete with a garden shed for extra storage space.

Upstairs is a generous main lounge area, creating an open and inviting space for relaxation. The open-plan kitchen is perfectly designed for easy entertaining, with access to a large balcony that's ideal for enjoying outdoor living. This level also features two additional bedrooms, both with built-in robes and air conditioning, as well as a second bathroom. Another balcony can be accessed from this floor, providing extra outdoor space to enjoy.

Off-street parking for two cars adds convenience, ensuring you have plenty of space for vehicles. All the bedrooms are equipped with built-in robes and air conditioning, adding to the comfort of this well-appointed home. The property benefits from NO strata levies, with owners contributing to a communal insurance fund at approximately $3,000 per year.

Don't miss out on this fantastic opportunity to secure a low-maintenance property in a desirable location. Whether you're an investor or looking for a spacious family home, this townhouse has everything you need.

? Shire $3521pa

? Water $1564pa

? Year Built 1999

? Land Area 415sqm

? Leased $1150pw leased 6/10/2028

For further property details or to arrange a private inspection please contact Giles Tipping on 0499 322 120 or email [email protected].

*The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.