Welcome to 10 O'Loghlen Street Dowerin... a beautiful four bedroom, two bathroom property that’s primed to be your next home or the crown jewel of an investment portfolio. Built around 2008, this home enjoys a comfortable 170 square metres of internal floorspace, placed on a huge 875 square metre block. With great features both inside and out, this property is an attractive find. There is more than enough room for everyone, with four large bedrooms, a formal family room, plus a study and activity area/fifth bedroom. There is so much to love here - don't miss out!
Property Highlights:
• Four-bedroom, two-bathroom property built around 2008
• Total block size of approximately 875 square metres
• Internal floorspace of approximately 170 square metres
• Secure double car garage with automatic roller door
• Ducted air conditioning throughout
• Large living area and dining area
• Separate family room for entertaining
• Activity area off entry, can be used as a fifth bedroom
• Study near the minor bedrooms - perfect for home office, student retreat or extra storage area
• Modern kitchen with double sink, gas hotplates, island benchtop with breakfast bar overhang
• Built in robes throughout for plenty of storage options; with walk in robe to main bedroom
• Spacious outdoor area with patio and lawn area, ready for your enjoyment!
• Estimated gross annual rental yield of 6.14% !
Investor Highlights:
• This property is currently tenanted on a fixed term lease until December 2026, for $470 per week
• The property is leased through a Government Regional Officers Housing format, and has been long-term since 2008
• The tenants are stable and long-term, and look after the property quite well as evident from the photos
• Using the current rent and the asking price - we get a gross annual rental yield of 6.14% !
Location Summary:
• Dowerin is a regional town in WA, known to be popular for field days, and with a large farming base
• Commercial base in town including retail stores, visitor centre, shire centre, and CBH depot
• Dowerin District High School approximately 15 minute walk from the home
• The property is positioned towards the back of town, with views out to surrounding farmland
• Perth is approximately 2 hours drive, and closer towns Northam and Toodyay both approximately 50 minutes away
Why Buy?
• Stable and long-term investment, with consistent rental income to add to your portfolio
• Serene country position in a known country town with a good farming and commercial background
• Modern features throughout the home, and a spacious layout providing plenty of room
• Nearby necessary amenities such as shops, parks and a school
Don't miss out on this excellent property!
