3/9 Mathoura Street, Midland WA 6056

Low-Maintenance Villa with Courtyard, with High Estimated Rental Yield!

Welcome to this comfortable, well-designed three bedroom, one bathroom home, positioned perfectly in walking distance to shops and schools. Incorporate a relaxing and private lifestyle, there is plenty of indoor and outdoor space in this home, complete with a large courtyard and storage room. Whether continuing to rent the place out - for a high estimated rental yield of over 6%! - or moving yourself in, this property has everything you need to ensure a low-maintenance, low-stress lifestyle. Make sure that you don't miss out!

Property Highlights:
- Three-bedroom, one-bathroom villa
- Built 1992
- Brick and tile build
- Split system air conditioning
- Built in robes to the bedrooms
- Undercover carport area
- Storage room
- Large fenced courtyard

Investor Summary:
- This property is currently tenanted on a fixed term basis for $380 per week until June 2024, with a scheduled rent increase to $420 per week in February
- Market rent for 3/9 Mathoura Street is approximately $450 per week
- Based on a purchase price of $340,000 and market rent, the estimated rental yield for this property is 6.9%
- This property is strata titled, with fees of approx. $1025 per annum
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.

Positioned in a location that is in within walking distance to parks, schools, shops and transport, your new home awaits. The villa sits towards the back of the complex, so you can enjoy the privacy away from the front of the street.

Walking inside of the home, you will come in to the entry way, as well as a large living space for friends, family and guests to utilise. There is a split system air conditioner here which blows over the living, dining and kitchen areas - perfect for those hot summer days! The whole family can enjoy their downtime in this area under the cool breeze. Next to the living area is the dining room, which is tiled. This room has a sliding door from which you can step outdoors to the courtyard.

Outside of the home, there is a undercover parking area for your car as well as a side gate allowing access to the courtyard area. The rear yard is fully fenced which is great for kids and pets. From the carport you can also access the secure storage room. To the courtyard area, there is a lovely rose garden area with a few different rose bushes, which provide a nice green aspect to the yard, completing the area. If you have kids, there is enough room here for them to play outdoors - or alternatively step out of the complex and within a couple minute's walk you can arrive at Harold Bennett Park, which has a playground, basketball area, and walking paths to enjoy.

Nearby to the dining room, the kitchen holds a prominent space in this house with plenty of benchtop area to create your favourite meals, lots of cupboards for storage, and complete with a stainless steel sink, electric hotplates, and large pantry. There is a large window here looking over the courtyard so you can keep an eye on everything going on.

The three bedrooms in this property are all a good size with room for all who reside here. They all have built in robes, with the main bedroom featuring a double doored built in robe for extra space. The main bathroom has a bath plus shower to use, and there is a laundry next to the kitchen so you can easily access the courtyard to hang out the clothes.

The house is in a great location, only around 10 minutes' walk to Midland Gate Shopping Centre which has department stores, smaller goods stores, cafe's, restaurants, and food outlets, to cover all your essentials. If you prefer to catch the bus, there is are bus stops along Great Eastern Highway for your use. As for schools, Midvale Primary School is only approx. 7 minutes walk, and for high schools both Guildford Grammar and La Salle College are within approx. 10 minutes drive. For driving, the home is also close to access links on to Roe Highway and Great Eastern Highway, bringing you easily to the North, South, East and West of Perth.

Whether you are looking for an investment property or somewhere to move in down the line, this is definitely the property to check out. There is a lot to love about the house itself - it's design, large courtyard, easy indoor and outdoor living opportunities, great investment stance, and most importantly the location - make sure not to miss out!