Welcome home to this well-presented three-bedroom, one-bathroom residence positioned on a low-maintenance 341 square metre strata lot in a convenient and established pocket of Lockridge. Originally built in 1972, the home offers approximately 93 square metres of internal living space and combines comfortable everyday living with strong investment fundamentals. Currently leased at $580 per week until January 2027, this is an ideal opportunity for investors seeking immediate rental income and long-term tenant security - or a patient owner occupier who can wait until January to move into this home!
Designed for practical living, the home features a spacious light-filled lounge room with timber-look vinyl flooring, split-system air conditioning and plenty of ceiling fans, large front windows overlooking the front garden and a solid brick build. Flowing through from the living area is a generous kitchen and dining space offering ample bench space, excellent storage and plenty of room for everyday family living. The neutral colour palette throughout provides a bright and welcoming feel, while large windows allow natural light to filter through the home.
Accommodation includes three well-sized bedrooms (each with ceiling fans!), all serviced by a central bathroom, with a separate internal laundry. The spacious master bedroom features mirrored built-in robes, while the additional bedrooms offer flexibility for children, guests or a home office setup.
Outside, the property offers a fantastic balance of entertaining space and backyard enjoyment. A large covered alfresco area provides the perfect setting for year-round entertaining, while the generous backyard includes lawn space, established gardens and a garden shed for additional storage. The covered carport provides secure off-street parking and convenient access to the home.
Property Highlights:
- Three-bedroom, one-bathroom villa
- Built in 1972
- Approximate land size: 341 square metres
- Approximate internal floorspace: 93 square metres
- Strata titled
- No strata fees
- No strata manager (self-managed by owners)
- Currently leased at $580 per week until January 2027
- Spacious front lounge room with timber look vinyl flooring
- Split-system air conditioning to living area
- Large kitchen and dining area with ample storage
- Spacious master bedroom with mirrored built-in robes
- Ceiling fans throughout
- Security screens
- Separate laundry
- Large covered alfresco entertaining area
- Generous backyard with lawn area
- Garden shed
- Covered carport
- Low-maintenance investment opportunity
Investor Summary:
- Currently leased at $580 per week
- Lease expiry January 2027
- Market rent is approximately $630 per week
- No strata fees
- No strata management costs
- Strong appeal to tenants seeking affordable family accommodation with outdoor space
- Established rental location with convenient access to amenities and transport
Location Summary:
- Conveniently positioned in an established residential pocket of Lockridge
- Close to Lockridge Primary School and local community facilities
- Easy access to public transport options
- Minutes from local shopping centres and everyday amenities
- Convenient connection to Reid Highway and Tonkin Highway
- Short drive to Midland Gate Shopping Centre and Morley Galleria
- Approximately 20 minutes to the Perth CBD
- Surrounded by parks, reserves and recreational facilities
Why you will love it!
Whether you are searching for a ready-made investment with secure rental income or planning ahead for a future home with plenty of outdoor space, this well-maintained Lockridge residence offers outstanding value, practical living and long-term potential in a convenient location.
Make an enquiry today to arrange your inspection.
