Sold
4 Jindinga Way, Wanneroo WA 6065
Sold price: $555,000
Sold: 30 Aug 2023
Sold
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4 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 822m2
House
View
Unlock the Potential of Sub-Division in Wanneroo’s Central Hub!
* HOME OPEN CANCELLED - PROPERTY IS UNDER OFFER *
Secure a smart investment by acquiring this property now, strategically positioning yourself to benefit from the ongoing building boom. Generate rental income while you bide your time for future redevelopment. This property, a valuable asset, rests upon a generously sized 822sqm approx. block boasting DUAL ZONING OF R20/R60. * Retaining the home and subdividing the rear is one of the possibilities due to side access!
Embrace the high demand for rentals in the area with this charming home featuring:
• Four bedrooms
• One bathroom
• Separate w/c
• Spacious laundry
• Open plan kitchen and dining
• Spacious lounge
• Outside powered games room which can easily be converted to a granny flat/additional bedroom
• Powered shed
• Double carport
. Ample parking for cars and toys
. Side access on two sides
• Paved rear back garden, so very low maintenance
• Block size: 822sqm approx.
• Build area: 149sqm approx.
• Current market rental rates: $520pw - $550pw
• Lease expires: 7/10/2023 – current tenants would love to renew
• **ROI: approx. 5%
Alternatively, this property presents an enticing opportunity for first-time homebuyers seeking a foothold in the market. Ideal for skilled tradespeople who can convert it into a budding family haven. The extensive side access and expansive backyard offer a canvas of possibilities, limited only by your imagination.
The property’s unrivalled location speaks for itself, situated right in the beating heart of Wanneroo. Within mere minutes’ walk, discover a plethora of essential amenities, from schools to parks, public transport to bustling shopping hub and even an industrial precinct. Seamlessly connected to Wanneroo Road, convenience is at your doorstep.
A versatile and multifaceted property, it is essential to witness it firsthand to grasp the magnitude of its investment potential.
* Buyers are required to conduct their own due diligence as to any subdivision potential and not to rely solely on the information contained within this listing.
** Note - the buyer/s shouldn't rely solely on the potential returns advised by the selling agents and should conduct their own due diligence to make an informed decision.
Note - the marketing photos show the property as vacant, but it is currently furnished
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 4 Jindinga Way, Wanneroo is a four bedroom, one bathroom house sold by Brett White and Cristina Botha at RE/MAX Extreme on 30 Aug 2023.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Wanneroo or see other recently sold properties in Wanneroo.
Nearby schools
Wanneroo overview
Wanneroo is a mostly established suburb with some undeveloped areas in the eastern sector of its 20 square kilometre land area. Wanneroo experienced major development during the 1970s with gradual increases experienced from the mid-1990s as new properties were built in the area.
Life in Wanneroo
A relaxed lifestyle and a sense of community are on offer in Wanneroo. The outer-northern suburb has a number of parks, gardens and lakes within its perimeters that contribute to its suburban charm, as well a civic centre and community centre. Other notable fixtures are the Wanneroo Town Centre, Wanneroo Central Shopping Centre and the Wanneroo Show Grounds.
Wanneroo quick stats
High end
$775k
Median
$689k
Low end
$600k
32.5 %
Annual growth
$689k
Annual median sales price
$635pw
Annual median rental price
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