Set in a quiet, family-friendly cul-de-sac on a generous 866sqm block, this investment property offers the rare combination of immediate rental income, long-term tenancy stability, and future subdivision potential with the property zoned R20/50 (subject to council approval).
Currently leased at $650 per week until 18th March 2026, this solid investment is underpinned by a reliable long-term tenant who has called the property home for the past five years and is keen to stay on-making this an effortless, income-producing asset from day one.
The home itself features:
• Built in 1982
• Four carpeted bedrooms, and built-in-robes to three
• Updated bathroom since the original build completion
• Two spacious living areas including a separate carpeted front lounge and a large open-plan tiled family/dining area
• Meals area and functional kitchen with gas cooktop, electric wall oven & small walk-in pantry
• Good-sized laundry behind the kitchen, and separate W/C
• Ducted air-conditioning & alarm system
• Automatic roller shutters on nearly every window for added privacy and security
• 1.5kW solar power system
• Bore-reticulated gardens
• Two skylights plus ample storage with two linen cupboards (one next to lounge/meals area and one near the bathroom)
• Dual lock-up carports with roller doors
• Large rear workshop plus additional shed extension offering ample storage and flexibility
• In the school catchments of East Beechboro Primary School and Kiara College
• Council rates: $2116 per annum
• Water rates: $1211.37 per annum
Whether you're looking to land-bank with secure returns, develop in the future, or occupy later once the tenant vacates, this is an ideal opportunity to invest in a high-demand location with solid growth prospects.
Close to everything this is a smart acquisition for the savvy investor and a fantastic lifestyle opportunity for the future. Altone Shopping Centre is located just 250m away. Simply walk up the Gloves Place alleyway and cross over Hull Way to the shops where you'll find ALDI, Woolworths, a newsagency, bakery, pharmacy, post-office and numerous shops and eateries including Subway, Nandos and Maccas. It's all here. Such a convenient location to live and top place to invest.
Planning to move in later? You'll love what this property has to offer. The spacious backyard, large workshop, and quiet cul-de-sac setting make it ideal for families or those who simply want room to move. With Altone Park, schools, shops, and public transport all within easy reach, it's a location that balances convenience with a welcoming neighbourhood feel.
Don't miss out on this rare opportunity. Contact Scott Fletcher today on 0412 181 122 to arrange your inspection and secure your future in Beechboro.
