Positioned on a generous parcel of land, this well-presented property offers an outstanding opportunity for investors and future developers alike. Currently tenanted until 20th June 2027 at $640 per week, it provides immediate rental income with the added benefit of long-term potential.
The home is well maintained and requires absolutely no additional work, making it a true set-and-forget investment. Inside, the layout is functional and comfortable, appealing to quality tenants seeking easy living.
Set on a substantial block, the property offers exciting subdivision potential (subject to relevant approvals), giving buyers the flexibility to unlock future value while enjoying strong holding income.
Located in a convenient pocket of Forrestfield, close to local shops, schools, parks, and transport links, this is a smart addition to any portfolio or a strategic land banking opportunity.
Key Features:
Tenanted until 20th June 2027 at $640 per week
Large block with subdivision potential (STCA)
Well-maintained home with zero immediate maintenance required
Strong long-term investment with future upside
Convenient location close to amenities
An opportunity like this doesn't come along often-secure your future today.
*Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. The RealEstate Co provides this copy write without any express or implied warranty as to its accuracy. Any reliance placed upon this write up is at the client's own risk. The RealEstate co accept no responsibility for the results of any actions taken, or reliance placed upon this document*
This property at 5 Moira Avenue, Forrestfield is a three bedroom, one bathroom house listed for sale by Team TREC at The RealEstate Co. (AU).
For more information about Forrestfield, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Forrestfield profile page.
If you would like to get in touch with Team TREC regarding 5 Moira Avenue, Forrestfield, please call 0488 499 001 or contact the agent via email.
Forrestfield is a suburb of the City of kalamunda and is 15 kilometres of the south-east of Perth. Local folklore suggests that the name comes from Charles Hale who settled here in 1902 and planted a crop amongst the trees. A neighbour referred to him wanting a forest and a field at the same time and the name was later applied to the area. A Forrest Field Progress Association was formed as early as 1927 and the name is shown on plans as Forrestfield for 1944.
Forrestfield is home to the Hartfield Park Recreation Centre which includes an indoor stadium for various sports, an 18-hole golf course, equestrian centre, nature park and lake. The main shopping centre known as the 'Forrestfield Forum and Marketplace' is home to 52 stores. There are a range of other retail establishments scattered throughout the area.
There are also a range of primary and secondary schools in the area and construction is currently underway on the Forrestfield-Airport Link which is scheduled to open in 2021 and will connect Perth Airport with the city. A Forrestfield train station is included in this development.