Plenty of opportunity presents itself with this large four bedroom, one bathroom home which has been well looked after and maintained throughout. Located on a large 662 square metre block, there is certainly plenty of room to spare!
Property Highlights Include:
- Four-bedroom, one-bathroom home built in 1992
- 662 square metes block size; zoned R20/50
- Potential to subdivide (details below)
- Large 134 square metres house size
- Ample parking to driveway, and double carport with roller door
- Separate sitting room/family room to the front of the home
- Open plan kitchen/living and dining area
- Wall air conditioner and ceiling fan to the living area
- Mirrored BIR to main bedroom, and BIR to bedroom 4
- Bathroom with separate bathtub and shower
Investor Summary:
- This house is tenanted on a periodic lease for $390 per week
- Market rent for 5 Teetree Court is approximately $510 per week.
- Using a purchase price of $469,000 results in a gross annual rental yield of 5.65%.
- HouseSmart is highly active in Beechboro and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.
Property development potential for 5 Teetree Court, Beechboro:
• Zone residential R20/50
• Potential for 2 lots if the current house was demolished - pending council approval and requirements
• Or hold on to the existing house and retain for immediate and continued investment opportunities
• Please don’t hesitate to contact the City of Swan to find out more information regarding planning and development potential.
From the very front of the property you can tell the size of this place, with ample parking to the driveway and remote-controlled carport greeting you. This carport also goes out to the backyard, so if you find that you need more space for your tinkering or 4WD's, there is the option to drive out the back as well.
'Space' is also a word which can be said for the inside of the property; as there is a lot of it! The family/sitting room to the front welcomes you in as you come inside; which is perfect for relaxing or chilling out on a lounge or making it in to a kid's play area!
There are four good-sized bedrooms in the property, of which the main bedroom and bedroom 4 both feature built in robes; the main bedroom's having mirrors and spanning the entire length of the wall! All the bedrooms have carpet, neutral toned walls, and well-placed windows for a good amount of lighting.
As well as the family room, there is also an open-plan living, dining and kitchen area! This provides plenty of room to move about and enjoy the home. There is a wall air conditioner over the dining space, as well as a ceiling fan. The kitchen overlooks the area with plenty of cupboards, drawers, and benchtop, as well as a double stainless steel sink, wide fridge space, and freestanding oven.
From the living area, you can move out through the sliding doors through to the massive backyard. Currently, this area showcases a large green lawn area, garden beds with some trees, a clothesline space, and best of all two sheds. However there is room to grow and put down some garden beds, or even a larger workshop or granny flat! (Subject to council approval).
Located on a quiet cul-de-sac, this property is close to parks such as Figtree Park (350m) and Bluegum Park (630m). A short walk away are multiple cafe's including Overflow Café, Kabul Café, and the food outlets BamBam Chicken and Four Seasons Asian Restaurant. These are within 1km, whilst a bit further but still walking distance at 2.5km are Coles Beechboro, Benara Fresh, and many other food outlets and shops. There is a close connection to Tonkin Hwy providing access to the northern and southern corridor, and Perth CBD at approximately 26 minutes drive. Nearby schools include John Septimius Roe, and West Beechboro Primary School.
This property presents a great opportunity to retain the current house and use it as an immediate investment, or hold on to it for future use - it is up to you. Set in a great location, it would be perfect for someone looking to use as an investment, family home, or move in themselves. Don't miss out on this one!
This property at 5 Teetree Court, Beechboro is a four bedroom, one bathroom house sold by Adam Bettison at HouseSmart Real Estate Pty Ltd on 06 Apr 2023.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Beechboro or see other recently sold properties in Beechboro.
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