4 Chipala Court, Edgewater WA 6027

Great convenient location PLUS super tenants. Time to get into an investment property? Has it ever been this good? Most investors will, in a very short time be able to be positively geared. With interest rates at an all- time low, homes in Perth still the most affordable of any Capital City and good rents to be collected on renewal.

The home 154 sqm is situated on an R40, 680sqm block . Whilst there has been development on 2 nearby blocks. The residents of the area have been reassured by more recent denials of permission to build similar structures In Edgewater. Ie over 2 blocks. So retaining a higher level of tree canopy and open space.

To the house: Needing some TLC and expecting some minor repairs to be actioned, January 2021.

The four bedrooms are serviced by 2 bathrooms. There are three main living areas, Lounge to the front a quiet spot away from family hustle and bustle; Family room with integral kitchen and games zone. This opens onto a generous terrace to the rear with access to the enclosed carport. The shady gardens are on differing levels where the tenants are into growing fruit and veggies.
Gas hot water system, 2 split system A/C units, and covered patio completes the picture.
The tenants have a lease until September 2021 and want to stay on after that date.

The excellent location means an easy walk to the bus, Edgewater shops and cafes and to the regional park with its endangered species wildlife and roos.
By car: - quick access to the freeway north and south ; 10 minutes to all the delights of the City of Joondalup, Lakeside shopping centre, ECU, TAFE, Police College, Yellagonga regional Park, Major teaching hospital, Sports Arena- to name but a few. Also 10 minutes to Mullaloo beach.