Sold
10/17 Kenton Street, Lynwood WA 6147
Sold price: $165,000
Sold: 12 Oct 2020
Sold
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2 Bedrooms
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1 Bathroom
Unit
View
Positively Geared Investment Opportunity
This value plus unit in a handy location is a great starter for a First Home Buyer (do your sums and you will be better off with your mortgage repayments than paying rent somewhere else)
Alternatively consult with your adviser and kick-start your Investment portfolio with secured cash flow and enjoy this positively geared investment opportunity and earn above average rental yield at the current interest rate.
The unit is currently tenanted by good tenant and the lease will expire in the second week of January 21 but tenants may consider extending.
Little loving care might be needed but won’t be that costly
The property features:
• Top floor unit with balcony
• 2-bedroom one bath
• Robe to main bedroom
• Open plan living
• Gas HWS & Gas cooking
• Reverse cycle air condition unit in living
• Security doors and screens
• One designated car bay
• Shared (with 18 units) laundry facilities but you can establish your internal laundry if you wish
This unit location is convenience plus:
• Behind the Lynwood local shops (IGA, Chemist, Take away…etc)
• Bus stop (route 507) at the front door step
• Child care is across the road
• Handy access to schools both the local Lynwood SHS & the PS
• Just 12Km to Perth CBD
• Easy access to many other amenities (Westfield Carousel, Airport, Freeways…etc)
The Details:
• Floor area 55 sqm
• Council Rates $1460 per annum
• Water Rates $840 per annum
• Strata levy $500/quarter (inclusive of water consumption & insurance)
• Reserve fund $30/quarter
What a good value!. Act fast to secure this opportunity.
Inspection is by appointment only and reasonable time notice needs to be given to the tenant.
Should you have any questions, for further information or to arrange a viewing, please feel free to call George Hanna on 0413 484 667 or email: [email protected]
Property features
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Air conditioned
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Toilets
1
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Built in wardrobes
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Balcony
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Gas HWS
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RCDs/smoke alarms
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Broadband
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Family
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Kitchen/dining
Property snapshot by reiwa.com
This property at 10/17 Kenton Street, Lynwood is a two bedroom, one bathroom unit sold by George Hanna at G Hanna Real Estate on 12 Oct 2020.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Lynwood or see other recently sold properties in Lynwood.
Cost breakdown
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Council rates: $1,460 / year
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Water rates: $840 / year
Nearby schools
Lynwood overview
In November 1964, the Shire of Canning proposed that this area be named "Willetton" after Henry Willett of Willett and Co." Early landholders in the area. In August 1965 the Shire advised that the Realty Development Corporation Ltd had requested the name "Clovercrest Estate" but that neither party would object to the use of the name Lynwood instead of "Willetton". This amendment was approved in 1965 and the name "Willetton" was used for an adjoining locality.
Life in Lynwood
Lynwood contains a vibrant neighbourhood shopping centre complete with supermarket, post office, estate agency, and a number of food outlets as well as community hall, primary school which also services the adjoining suburb of Ferndale and a secondary school - Lynwood Senior High School.
Lynwood quick stats
High end
$750k
Median
$663k
Low end
$590k
33.8 %
Annual growth
$663k
Annual median sales price
$720pw
Annual median rental price
