42 Glenelg Way, Meadow Springs WA 6210

Exceptional Investment Opportunity Opposite Parklands & Lake

SOLD BY SAUVAGE PROPERTIES Bev Chadwick is delighted to present this exceptional opportunity at 42 Glenelg Way, Meadow Springs—an inviting home that offers both immediate returns and long-term appeal. Currently tenanted by house-proud occupants who have maintained the property to a high standard, there is the added option for continuity, with the tenants expressing a genuine interest in remaining should it suit the new owner.
Perfectly positioned on a generous 675sqm parcel, the home enjoys a picturesque outlook directly across from a tranquil park and lake. This highly sought-after location places you within easy reach of shopping precincts, public transport, leafy reserves, and a selection of quality public and private schools, making it an appealing choice for both investors and future owner-occupiers alike.
Thoughtfully designed, the home offers a practical and comfortable layout with multiple living zones. At the front of the home, a dedicated theatre room with double doors provides the perfect retreat, while the king-sized master suite is also privately positioned to capture serene park and lake views. Complete with a walk-in wardrobe, split system air conditioning, and a versatile retreat space ideal for a dressing area, home office or quiet sitting zone, this is a space designed for relaxation. The adjoining ensuite features a glass-screened shower, single vanity, and WC.
At the heart of the home lies a functional galley-style kitchen, well-appointed with a five-burner gas cooktop, stainless steel appliances, ample cabinetry, and a built-in pantry. Overlooking the main living areas, it seamlessly connects to the dining and family zones, which are subtly divided by a half wall and enhanced by high ceilings, a split system air conditioner, and gas bayonet—creating a welcoming space for everyday living.
The minor bedrooms are generously proportioned, with the second bedroom offering queen-sized accommodation and the third a spacious king-sized layout complete with built-in robes and shelving. The family bathroom is well-equipped with a bath, shower, and single vanity, while the practical laundry provides ample storage with double linen cupboards.
Step outside to discover a true entertainer’s haven. A gabled patio extends from the kitchen, complemented by a rear alfresco area that overlooks the expansive grassed yard and below-ground swimming pool—perfect for relaxed weekends and family gatherings. Additional features include a fully enclosed double garage, reticulated gardens, gas storage hot water system, and a handy storage area off the alfresco for garden or pool equipment, all surrounded by easy-care native landscaping.
Currently leased until 18th June 2026 at $590 per week, the property presents a solid investment opportunity, with potential rental returns in the current market estimated between $650–$680 per week. The existing owner has maintained a favourable rental arrangement in appreciation of the tenants’ exceptional care of the home.
For the astute investor seeking a well-located, well-maintained property with reliable income and future growth potential, this is an opportunity not to be missed.
Call Bev Chadwick on 0450203857 to take a walk through the property.
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Disclaimer:
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.