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4/48 Gnangara Drive, Waikiki WA 6169

Sold price: $380,000 Sold: 08 Dec 2023
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 1 Car
Villa
4/48 Gnangara Drive, Waikiki WA 6169

Under Contract by Nola Tully

This captivating villa at 4/48 Gnangara Drive not only promises an inviting living experience but also presents a compelling investment opportunity for astute investors. Currently, the property boasts a fixed-term tenancy in place, securing a steady rental income until August 2024. With a lucrative rental return of $400 per week, investors can rest assured that this residence is not only a delightful home but also reflects the strong demand for properties in this desirable location.

**Property Features:**
- Two separate living spaces with split system air conditioning for comfort control
- Functional kitchen with gas point, electric stove, breakfast bar, built-in pantry, and fridge recess
- Master bedroom with double built-in robe and direct bathroom access
- Two minor bedrooms with built-in robes for added storage
- Family bathroom with separate bath, shower and vanity
- Single-carport
- Secure storeroom for extra storage
- Easy-to-maintain backyard for relaxed outdoor living
- Linen closet for added storage convenience
- 92m2 of comfortable living space on a 184m2 block
- Situated directly across from the Gnangara Reserve
- Close proximity to local amenities
- Currently tenanted for $400 per week on a fixed-term tenancy until the 24th of August 2024.

The villa's low-maintenance design ensures minimal hassle for landlords, allowing them to enjoy the benefits of property ownership without the stress of constant upkeep. Don't miss the chance to explore this investment gem. For more details or to arrange a viewing, contact NOLA TULLY or her team, who can guide you through the exciting prospects this property holds for your investment future.

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 4/48 Gnangara Drive, Waikiki is a three bedroom, one bathroom villa sold by Nola Tully at Harcourts Elite Agents on 08 Dec 2023.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Waikiki or see other recently sold properties in Waikiki.

Cost breakdown

  • Council rates: $1,906 / year
  • Water rates: $1,264 / year
  • Strata fees: $372 / quarter

Nearby schools

0.3km
South Coast Baptist College
  • Combined
  • Non-government
0.7km
Waikiki Primary School
  • Primary
  • Government
0.9km
Charthouse Primary School
  • Primary
  • Government
Disclaimer

Waikiki overview

Are you interested in buying, renting or investing in Waikiki? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Waikiki offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. You can also see median and current sales prices for houses and units, as well as sales activity and growth rates.

Waikiki quick stats

High end $696k
Median $647k
Low end $590k
26.0 %
Annual growth
$647k
Annual median sales price
$592pw
Annual median rental price

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FAQ's

4/48 Gnangara Drive, Waikiki sold on 8/12/2023 for $380,000.

4/48 Gnangara Drive, Waikiki is a 3 bedroom, 1 bathroom villa.

The median house price in Waikiki is $647,000, the median unit price is $430,000.
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