From $850,000
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34 Watson Avenue, Coodanup WA 6210

House
842
Block size: 1409 m² approx.

THREE HOMES ON 1408SQM - HIGH YIELD INVESTMENT PROPERTY

What a sensational opportunity this is! With an income of $58,084 per year ($1,117 per week), this is a great opportunity for any investor. That's a yield of approx. 6.5%!

WHAT'S HAPPENING HERE?
We've got THREE HOMES on ONE BLOCK. No strata fees or body corporate; it's all set and ready to keep generating great income.
A- 2x1 Duplex
B- 2x1 Duplex
C- 4x2 House
These are all on long-term leases for the next nine years, with planned increases written into the leases.

WHERE IT IS
Located just a street back from the Serpentine River, it's just a stroll from Riverview Foreshore Boat Ramp. The Mandurah town centre is just minutes up the road, and there's terrific schools, parks and more right nearby.

FOR MORE INFO...
Hit the EMAIL AGENT button and we'll send you more details on this sensational opportunity.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Mark Grogan to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
8
Bathrooms:
4
Garage Spaces:
2
Property type:
House
Block Size:
1409 *

Other Details

Lot:
38
Legal description:
P007451/38
O'Neil Real Estate

Maps and area information

Block information
Block size: 1409 (approx)
Legal description: P007451/38
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Coodanup's suburb profile

Coodanup suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
50 years
Population
4,366
Listing ID: 182125001. This listing has been viewed 16 times. It was first displayed on 28/11/2023 and last updated on 09/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.