Reiwa Reiwa
23 Lyndhurst Crescent, Ferndale WA 6148

23 Lyndhurst Crescent, Ferndale WA 6148

Sold price: $580,000
Sold
Sold: 20 Nov 2022

3 Bedrooms

1 Bathroom

1 Car

House

Contact the agent

Don Asplin

0416233275

Professionals Prowest Real Estate


Priced to Clear

Priced below valuation to clear. Tenanted until June 23rd next year at $500 per week, this is a great opportunity. Ferndale is still growing in value. With the nearby high school undergoing a Multi million dollar building program, this suburb continues to boom.
This big recently renovated 3-4 bedroom, 1.5 bathroom family home features multiple big open living areas, as well as a big alfresco, beautifully renovated kitchen and wet areas, as well as generous bedrooms, and a 4th bedroom / study.
Returning $26,000 per year gross. With a 20% deposit this is a 5.66% return on investment, before the current 6.6% capital growth. Where can you get a return of 12.26%? Over the past 3 years, Ferndale has averaged 8.9% compounding capital growth. If you are looking to invest and can't, see this as an amazing buy opportunity, you are crazy.
Recently renovated, airconditioned, reticulated easy care garden, lock up garage, sparkling below ground pool, all on an elevated 726 sqm block, this is too good to miss out on.

• 726 sqm elevated block
• 3-4 bedrooms
• Two 3 big open living areas
• Recently renovated
• Lovely kitchen
• Lovely bathroom
• Big bedrooms
• Heaps of storage
• Big alfresco
• Fenced BG Pool
• Lock up garage

The content herein does not constitute financial advice, please seek qualified independent advice before investing.

Property features

  • Carports 1
  • Toilets 2

Nearby schools

Fountain College Combined Non-government 0.8km
Wilson Primary School Primary Government 1.4km
Parkwood Primary School Primary Government 1.4km
Lynwood Senior High School Secondary Government 1.4km
Bannister Creek Primary School Primary Government 1.6km
Riverton Primary School Primary Government 1.7km
Riverton Education Support Centre Primary Specialist 1.7km
Bentley Primary School Primary Government 2.2km
Al-Hidayah Islamic School Primary Non-government 2.2km
Brookman Primary School Primary Government 2.2km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4652430