49 Bougainvillea Avenue

Forrestfield WA 6058

700 m²

House

Currently for sale - view listing

Overview

The Investor's Dream

** Currently leased until August 2027 ** This beautiful home is an excellent investment for multiple reasons! Firstly, the 700sqm block is zoned R20/30 and has a variety of development options available, including the option to retain and build. Meaning, subject to the relevant approvals, you could potentially keep the existing house and built a brand new two-storey one behind it! Secondly, the 1978 built home has been been extensively updated. Now with a stylish and modern kitchen, LED downlights, multiple split system airconditioners and more! And thirdly, it's leased out long term to some really awesome tenants who take great care of the place and would really like to stay! This means you'll have an income secured from day 1 of owning the place and can skip the weeks of uncertainty that normally comes with trying to find the right tenant. Additionally, it's located between the Darling Range Senior Sports College and Woodlupine Primary School, as well as being less than 1km down the road from Hawaiian's Forrestfield (the main shopping centre in Forrestfield). And there's a bus stop just metres from the front door. Absolutely Ideal!! Quick Facts: • 700sqm block zoned R20/30 • Retain and build potential • Tenanted until August 2027 at $680/week • Renovated kitchen • Multiple living areas • Enclosed patio party zone • Multiple split system air-conditioners • LED downlights • Side access and plenty of parking • Close to public transport, shops and schools It's time to call The Mitchell Brothers Water rates: $1,252.40 p/a (Total for 2025 - 2026 financial year) (approx.) Council rates: $2374.11 p/a (Total for 2026 - 2027 financial year) (approx.) Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.