Back 278 Morley Drive East
Off Market

278 Morley Drive East

Eden Hill WA 6054

3
1
4
105 m²
771 m²
House
Last sold for $585,000
Scott FletcherScott Fletcher, last sold this property on 21 February 2024 after 30 days on market.

Overview

Property Investing? You've struck gold!

If you're a property investor, this is your lucky chance to jump the queue ahead of the masses and buy an absolute cracker of a home complete with a stunning below-ground fibre-glass pool, side access, workshop and three patio entertaining areas, all on 771sqm of land. This is a unique opportunity to buy not only a great lifestyle property but also secure a guaranteed lease-back arrangement between you and the sellers at $600 per week! The sellers priority is to stay in the property for at least another 2+ years and rent-back whilst they wait for their new home to be designed and constructed. What more could you want from an investment property than a reliable sitting tenant ready to pay you income. Behind a secure front sliding gate, which is remote-controlled, you'll find a large, enclosed front yard. An equally spacious undercover raised front patio area off the front living room of the residence overlooks this lawn area, making it an ideal spot for children to play. The long driveway from the front gate provides drive-through side-access to a rear powered workshop. In the back-yard you'll also find another lawn area for the kids to play on and two more patios. One of them has a BBQ space and the other is free-standing and is ideal for poolside entertaining. The large, fenced-off, below-ground pool is just perfect, and provides refreshing relief, fun and relaxation during Perth's long-hot summers. All of which are very desirable features of this property and will be an attractive for many prospective new tenants in the future. Boaties, tradies, families and those who simply love to entertain will all love this place. Other notable features of this solid brick-render and tin roof home include: • Master bedroom with with built-in-robes and aircon, 1 bathroom (bath & separate shower), 1x seperate WC • 3 reverse split air-conditioning units: one in main living room, master bedroom and one of the minor bedrooms • Ceiling fans throughout and insulation in the ceiling/roof space • Kitchen with stone bench-tops, overhead cupboards, gas cook-top, dishwasher and wall-oven. • Built-in dining table with stylish waterfall-style stone bench-top • Jarrah floors to the bedrooms and floating timber in the living areas (on top of existing hardwood jarrah floors) • Huge under-cover raised patio area off living room with big ceiling fan and wood-fire • Gas hot water system for the house and automatic reticulation off the mains for the lawn areas • Pool is fully fenced and has a salt-chlorinator, pool blanket and sail • Workshop has light and power, perfect for the tradie, handyman or tinkerer • Side access for a boat or caravan • Solar panels on the roof to reduce power bills This property is located within the reputable Eden Hill Primary School catchment zone and is a short stroll to the local park Mary Crescent Reserve. Just 3 minutes in the car you'll arrive at Hawaiian's Bassendean Shopping Centre where you'll find Coles and a whole host of speciality shops, whilst 3 minutes along Morley Drive East the other way you'll find Kiara IGA The river is nearby, and so is Bassendean Town Centre, the heritage village of Guildford, and the wineries and breweries of the Swan Valley (Funk Cidery just 5 mins away). All are minutes away in the car. Morley and Galleria Shopping Centre are just a short 10 minutes drive away and the CBD is just 18 mins in easy traffic. Not to mention that Tonkin and Reid Highways are also easy access from Morley Drive. Such a super convenient location. This will be sold subject to an agreeable lease-back arrangement being signed. And of course you can buy now and move in at a later date! Call Scott Fletcher on 0412 181 122 for more details and to make an offer today. Viewings by appointment and as per the advertised open-home times. Hope to see you soon.

Features

3 bedrooms
1 bathroom
4 carspaces
3 open car spaces
1 garage space
105 m² floor area
771 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Eden Hill over the last 12 months, the estimated median property value of 278 Morley Drive East is $840k.

Median value
$840k
Estimated value range
$648k - $901.4k
Median days on market
18
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Eden Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 278 Morley Drive East

2024
Sold
$585,000
21 Feb 2024 by Scott Fletcher, of Acton | Belle Property Mount Lawley
2015
Sold
$489,000
Private Sale/Treaty on 06 Feb 2015 by Prak Sangthong, of Perth Realty Group
2009
Sold
Undisclosed
Private Sale/Treaty on 07 Mar 2009

Happy sellers in Eden Hill

78%
78% of sellers in Eden Hill reported that their sale price either exceeded or met their price expectations.

Eden Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Eden Hill over the last 12 months.

Local market activity for 3 bedroom houses in Eden Hill

In the last 12 months, 13 three-bedroom houses similar to 278 Morley Drive East, have been sold.

This represents a 63% increase in three-bedroom houses sales when compared to the previous 12 months.

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