26 Lantana Way, Camillo WA 6111

RENOVATORS PROJECT - Long Term Tenant!

Oscar D'Souza Real Estate is pleased to present this Renovation Opportunity in Camillo to the savvy Renovator that is looking to 'value add' – a circa 1970 3-bedroom, 1-bathroom duplex half, land content is approximately 455 m².

The property is currently leased until February 2027 at $515 per week, the current tenant is a long-term tenant that has been in the property for approximately 6 years and would like to call this property home for a long time.

That said, make no mistake – THIS PROPERTY NEEDS WORK! And therefore, the Seller has priced the property accordingly.

The beauty of this opportunity is that the work does not need to be completed straight away – as mentioned, the tenants have been in the property for several years and would like to continue for a long time yet. Therefore, any renovation expenses/timeline can be well down the track.

But the opportunity is this – a good size, street front 3-bedroom 1 bathroom home with a single carport, land content is approximately 455 m². It is located in the highly desirable residential location of Camillo, situated in Perth's southeastern corridor, in close proximity to the Champion Lakes Regatta Centre (rowing), surrounded by good schools and great shopping facilities.

This property is an ABSOLUTE BARGAIN! The successful buyer will see the opportunity with this property for a full renovation, but only at the right time – that is, when the existing tenant vacates the property. However, they have been there for many years already and would like to call this property home for many years to come. Therefore, whilst there is a renovation project in sight, it is likely to be well down the track. There is significant, HUGE VALUE UPSIDE here for the professional renovator.

Whilst the property is sold 'as is', the Seller has priced the property to allow for considerable value upside for the successful buyer.

This is an ABSOLUTE BARGAIN in the current market, first come first serve!

Outgoings (approx.):

• Water Rates – $1,007 per annum
• Council Rates – $2,100 per annum

All enquiries to Oscar D'Souza on ?? 0419 929 383