271 Morley Drive East, Lockridge WA 6054

From a rental investment to a move-in opportunity, whatever you are looking for, this house has enough room for everyone. Packed to the brim with desirable and modern features in it's refurbished kitchen area and ample sized bedrooms, you won't be missing out in this home! Your new life awaits with a generous portion of land (729 square metres, zoned R20/50) and an approximate internal floor-space of 112 square metres. Are you ready to take that next step?

Property Highlights Include:
- Four-bedroom, one-bathroom home built in 1969
- 729 square metres land size, zoned R20/50
- 112 square metres internal floorspace
- Renovated kitchen with modern appliances
- Split system air condition in living area
- Ceiling fans in bedrooms
-  Huge laundry space!
- Large front and back yards
- Gate to front yard

Investor Summary:
- This house is currently owner-occupied and ready to be rented out or moved in to.
- Market rent for 271 Morley Drive East is approximately $500 per week.
- Using a purchase price of $440,000 results in a gross annual rental yield of 5.93%.
- Zoning is R20/50 which provides a plethora of options - contact the City of Swan for more information. Subdivision should be possible, subject to relevant approvals!
- HouseSmart is highly active in Lockridge and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.

Upon entering your home, you are welcomed into a surprisingly sizable living area connected to the kitchen. Being recently renovated, the kitchen now poses a modern-look with its stainless-steel appliances. A built-in oven, gas hotplates, double stainless steel sink, and modern-look cupboards are just some of the awesome features that this kitchen now showcases.

Also updated is the floorboards, which span throughout the living areas and in to the bedrooms. The living area is a generous size and perfect for Sunday afternoon at home relaxing. For the Summertime, a split system air conditioner provides a nice cool breeze overhead. The fourth bedroom, towards the back of the house, could easily be used as a family room or study if not needed as a bedroom. This back room is spacious with crisp modern presentation, with a great aspect towards the backyard.

Through to the bedrooms, you will find that storage is thought through with robes to two of the bedrooms. They also feature ceiling fans which provide a welcome relief in the summer. A shared bathroom is ideally positioned between the bedrooms, making the morning routine smoother.

Going through the back of the property you find the laundry, which is quite spacious and features a modern laundry bench. Step out from here to the backyard, which is very expansive and welcoming to any creative hands. The total lot size here is 729 square metres of zoned R20/50 space... subdivision potential abounds, subject to relevant council approvals. Please contact the City of Swan to explore all the options for this exciting block!

This house is located on a popular road that leads to many different local destinations and attractions. Only a few streets away, you can find yourself at IGA Kiara (1.3km or 17 min walk). Also within walking distance is Eden Hill Primary School (1.3km or 15 min walk). Other close by schools include Lockridge Primary School (700m or 9 min walk) and and Good Shepherd Catholic School (1.0km or 12 min walk).

Only a short 5 min drive away is Bassendean Train Station. Driving to the west, you can get on to Tonkin Highway connecting you from the southern eastern part of Perth to the Northern parts of Perth. Perth CBD is about 25-minute drive distance and Perth Airport is a shorter 17 minute away.

There are several large parks and reserves nearby the property. The closest of the lot is Korbosky Park being a 4 minute walk (300m). Across the street, you can get to Savvy Lee Playground/Mary Crescent Reserve also 4 minutes (300m) walk away.

A great location, convenient for both public transport and Bassendean Train Station, the shops or a highway commute to other areas of Perth. Lockridge is a suburb with plenty of local developments building up to new heights - don't miss out yourself! The property can readily be rented out, with a market rent of $500 per week, or simply move in and enjoy yourself! Don't miss out on this exciting home with plenty of opportunity and space!

Please note this home is being sold on an "as-is" basis.