172C Shepperton Road, Victoria Park WA 6100

170 2C Shepperton Road offers a unique opportunity for investors seeking high rental returns or an opportunity for two families looking to live in one home. This two storey property is designed like two apartments in one, providing exceptional flexibility and income potential.

The lower level features three bedrooms, two bathrooms, a kitchen, and a laundry. The upper level mirrors this layout with three bedrooms, two bathrooms, a kitchen, and a laundry. With its spacious design and dual living setup, this property is ideal for shared accommodation or multi-generational living.

Located close to the city, this area is highly sought after by tenants, ensuring strong demand. The seller has previously leased the property room by room, achieving excellent rental returns. In the current market, this strategy could generate up to $80,000 per year. The ground floor step down living room used to be utilised as the third downstairs bedroom by the seller. The door to this room has been removed but it could be replaced to create the downstairs third bedroom again.

Everything has been fully approved by council, ensuring peace of mind for the new owner. Whether you are an investor looking for strong returns or a homeowner seeking a versatile living arrangement, this property is a rare find.

Other features of the property include:

Evaporative ducted aircon upstairs and two reverse cycle split systems of which one is in the upstairs living and the other in the downstairs living.
Electric cooking appliances in each bedroom.
Solar electricity.
Two toilets downstairs and two toilets upstairs.
Upstairs electrical circuit is separate from the downstairs circuit, all on one electricity account.
All new LED lighting on both levels.
Stone benchtops in both kitchens.
Instant gas hot water system.

Council rates: $1,804 per year.
Water rates: $1,154 per year.
Strata insurance only for the common driveway proposed at $200 per year.

*Potential rent based on no more than six unrelated tenants at a rate of at least $250 per week per room and includes cost of utilities.