1/89 Fairway

Crawley WA 6009

321 m²

Townhouse

Currently for sale - view listing

Overview

6-Bedroom Investment Opposite UWA | Shenton College Catchment | $2,660/Week

Positioned directly opposite The University of Western Australia and completed in 2021, this exceptional near-new residence presents a rare opportunity to secure a premium investment or spacious modern residence within one of Perth's most tightly held educational and medical precincts. Currently leased at an impressive $2,660 per week, the property generates approximately $138,320 in annual rental income. With an asking price of only $2,500,000, this represents an attractive gross rental yield of approximately 5.5% per annum - an outstanding return for a near-new property in such a prestigious Nedlands location. Designed to maximise privacy, functionality and long-term rental appeal, this impressive three-level home offers an outstanding accommodation layout featuring six oversized bedrooms - each with its own private ensuite - making it ideal for student accommodation, medical professionals, academic staff, multi-generational living or investors seeking strong and consistent rental demand. Spanning approximately 321sqm of building area, the residence has been thoughtfully designed across three expansive levels. Ground Floor The ground level serves as the central living hub and includes a spacious open-plan kitchen, living and dining area, dedicated laundry, separate guest toilet, private courtyard and practical storeroom - creating a functional and low-maintenance lifestyle. First Floor The first floor accommodates three oversized bedrooms, each featuring its own private ensuite and excellent storage, providing a high level of privacy and comfort rarely found in comparable properties. Second Floor Mirroring the first-floor layout, the upper level provides another three oversized bedrooms, each with its own private ensuite, offering exceptional flexibility for large households while also maximising rental potential. Finished to an exceptional standard throughout, the home showcases Caesarstone benchtops, Bosch stainless steel appliances, ducted reverse-cycle air conditioning, frameless shower screens, plush carpets and premium ceramic floor tiles. Secure gated entry and a striking contemporary façade create immediate street appeal, while the unbeatable location places UWA, Broadway Fair Shopping Centre, public transport, Matilda Bay and the Nedlands hospital precinct all within easy reach. For investors, the combination of $2,660 per week current rental income, approximately $138,320 annual gross income and an asking price of $2.5 million makes this a particularly compelling opportunity, especially given the property's near-new condition, six-ensuite configuration and prime location directly opposite UWA. Whether you are seeking a high-yield investment with immediate rental income or a substantial near-new residence in one of Perth's most prestigious university locations, this is an opportunity not to be missed. Property Features • Built in 2021 • Approx. 321sqm building area across three levels • 6 oversized bedrooms - all with private ensuites • Current rental income: $2,660 per week • Approx. annual rental income: $138,320 • Asking price: $2,500,000 • Approx. gross rental yield: 5.5% per annum • Ground floor with kitchen, laundry, guest toilet, courtyard and storeroom • Spacious open-plan living and dining area • Caesarstone benchtops throughout • Bosch stainless steel appliances • Ducted reverse-cycle air conditioning • Secure gated entry • Double remote lock-up garage • Excellent investment potential with strong rental demand Location Highlights • Directly opposite The University of Western Australia • Approx. 380m to UWA Student Hub • Approx. 320m to Broadway Fair Shopping Centre • Approx. 870m to Matilda Bay Reserve • Approx. 1.7km to Nedlands Hospital Precinct • Easy access to Claremont, Fremantle and Perth CBD School Catchment • Approx. 550m to Nedlands Primary School • Approx. 2.9km to Shenton College Outgoings • Council Rates: $4,649.60 per annum • Water Rates: $3,064.75 per annum • Strata Fees: $714 per quarter Disclaimer The particulars and photographs shown on this website are supplied for information only and shall not be taken as a representation in any respect on the vendor or the agent. 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