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11/1 Lemann Turn, Banksia Grove WA 6031

Sold price: $375,000 Sold: 27 Mar 2023
Sold
  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 367m2
House
11/1 Lemann Turn, Banksia Grove WA 6031

UNDER OFFER

Presenting an exceptional opportunity where cleanliness, low maintenance and rental yield combine!

This pristine lock up and leave 3 bedroom 2 bathroom home is a perfect first investment property or addition to your growing portfolio. With happy tenants and a motivated seller, don’t miss out on these favourable circumstances.

Proudly perched overlooking Joseph Banks Gardens, the vibrant lawns and freshly mulched garden beds set the tone for this stunning home, boasting excellent street appeal on a quiet and tranquil street. Make the most of this exceptional location as you have multiple schools, shops, cafés, gyms, parks, public transport and so much more at your doorstep.

This cool and cosy home has plenty to offer with well sized minor bedrooms, both featuring double built-in robes, accompanied by an immaculate family bathroom. Situated at the centre of the home, the master bedroom has a huge triple built in wardrobe and generous en-suite. Cook up a storm with CHEF stainless steel kitchen appliances as you overlook the dining and living area which leads outside to the spacious and lush outdoor area.

This apartment is leased to 24th January 2024 and the current tenant is paying $450 per week,.

If purchased at asking price the rental yield is approx. 6.24%
Strata fees on this unit are approx. $183.60 per quarter ($734.40 per annum)
Rental yield with strata fees subtracted is approx. 6.04%
Council rates are approx. $424.3 per quarter

Features include but are not limited to:

- 3 bedrooms
- 2 bathrooms
- New artificial lawn
- Freshly landscaped front and back yards
- Back yard overlooking park
- Low maintenance
- 2 x split system reverse cycle airconditioning units
- CHEF stainless steel appliances
- Shoppers entrance from garage
- Year built approx. 2014
- Approx. block size 367sqm
- Approx. floorplan 93sqm


Contact Jordan Visser from the Brett White Team on 0466 011 848 to discuss your offer and viewing.

* Note - the buyer/s shouldn't rely solely on the potential returns advised by the selling agents and should conduct their own due diligence to make an informed decision.

Property features

  • Garages 2

Property snapshot by reiwa.com

This property at 11/1 Lemann Turn, Banksia Grove is a three bedroom, two bathroom house sold by Brett White and Jordan Visser at RE/MAX Extreme on 27 Mar 2023.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Banksia Grove or see other recently sold properties in Banksia Grove.

Cost breakdown

  • Strata fees: $183 / quarter

Nearby schools

0.6km
0.6km
St John Paul Ii Catholic Primary School
  • Primary
  • Non-government
0.8km
Grandis Primary School
  • Primary
  • Government
Disclaimer

Banksia Grove overview

Banksia Grove is a recently developed suburb within the City of Wanneroo that experienced rapid growth from 1996. Five square kilometres in size, it is bound by Flynn Drive in the north and Pinjar Road in the east, south and west. 

Life in Banksia Grove

Banksia Grove has been designed as an integrated master-planned community with consideration given to commercial facilities, bushland and parks, education and environment. Major features of Banksia Grove include four parks, a community centre and two local primary schools. Planning for the Banksia Grove District Centre is currently underway, which will infuse the suburb with a vibrant commercial, employment and entertainment hub.

Banksia Grove quick stats

High end $650k
Median $576k
Low end $520k
20.0 %
Annual growth
$576k
Annual median sales price
$650pw
Annual median rental price

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FAQ's

The median house price in Banksia Grove is $576,000.

11/1 Lemann Turn, Banksia Grove was sold by Brett White and Jordan Visser at RE/MAX Extreme.

You can contact the agent here.

The average number of selling days in Banksia Grove is 7 days.
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