2/37 Varcoe Road, Koondoola WA 6064

Welcome to this classic three-bedroom, one-bathroom home set in a great location, nearby schools, parks and reserves. Built originally in 1974, this property enjoys a block size of approximately 377 square metres and an internal floorspace of 107 square metres. There’s plenty to love here including a front facing carport, sturdy brick and tile build, stylish modern kitchen, evaporative air conditioning, and a lovely rear patio area with gabled roof design, perfect for turning into a prime entertaining space. The property is currently tenanted on a periodic basis and has been looked after quite well by the current tenants, so as the new owner you can choose to keep the property as a rental property bringing in rental income for you, or move in and enjoy your new property. Contact our team today and arrange a viewing or video tour!

Property Highlights:
- Three-bedroom, one-bathroom home built in 1974
- Total block size of approximately 377 square metres
- Internal living space of approximately 107 square metres
- Storage area to front of home
- Front and rear lawn areas
- Large kitchen with plenty of space
- Rear patio with gabled roof design
- Evaporative air conditioning
- Built in robes to two bedrooms

Investor Summary:
- This property is currently tenanted on a periodic basis for $370 per week
- Market rent for 2/37 Varcoe is approximately $525 per week
- Based on a purchase price of $370,000 and market rent, the estimated gross annual rental yield is 6.86%
- Strata rates approx. $450 per quarter
- HouseSmart Real Estate is highly active in Koondoola and the surrounding areas, and can provide high-quality property management services for your new property.

Featuring a fenced back yard and a front court yard, this home has plenty of outdoor space to enjoy. With an internal living space of around 107 square metres, there is a lot of space both outdoors and indoors to make the most of. To the interior of the home, there is a large living area (with shopper's entrance), kitchen looking out to the rear courtyard, three ample-sized bedrooms, and a separate laundry area and bathroom.

The living room to the front of the home has it's own entrance, and a large window looking out to the front courtyard. The floorboards here provide a sleek and stylish design to bring together the living areas. The kitchen nearby has plenty of bench top space to work on, lots of under bench cupboards for storage, four gas hotplates, a large pantry cupboard, and a built-in oven.

The bedrooms to the home are perfect for the family with room for all. These bedrooms are carpeted for comfort, and two of the bedrooms feature built in robes for your storage needs. The bathroom has a bath/shower and vanity, and there is a separate toilet and laundry from which you can access the rear and front yards.

Stepping outside, you will notice the patio, which is perfectly designed for outdoor entertainment. This area would be perfect for a BBQ area or for an outdoor table and chairs. And if the storage to the interior of the home wasn't enough, you also have your own shed to use!

There are multiple schools nearby this home, including Burbridge School and Challis Primary School just down the road, and Roseworth Primary School, Waddington Primary School and Mercy College all within a 2km walk of the home. As for shops, the Alexander Heights shops are only a short approx. five minute drive/twenty minute walk away!

There is a lot to love about this home, but more importantly it has the space - both indoor and outdoor - for you to settle down and relax. With a stylish interior, large living space, and modern features throughout the home, comfort is at the front of mind. Whether moving in or renting the place out - for a high estimated rental yield - this home is ready for your next steps. Make sure that you don't miss out!