50A Teranca Road, Greenfields WA 6210
Offers Over $639,000
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3 Bedrooms
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1 Bathroom
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1 Car
House
Added 6 days ago
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Investor Alert - Riverside Investment with Secure Lease!
A great investment opportunity in a peaceful riverside location, with a fixed-term lease already in place.
Located in the tranquil and leafy suburb of Riverside Gardens, this well-positioned three-bedroom home offers investors the opportunity to secure a property with a reliable rental income of $550 per week and a fixed-term lease in place until 28 May 2027.
The property also benefits from its own private driveway, providing convenient off-street parking and adding to its appeal for both tenants and future buyers.
The home features three bedrooms, one bathroom, a modern kitchen, air conditioning and neutral décor, complemented by easy-care gardens for low-maintenance living.
Location is a key attraction. The river is just a short stroll away, offering a wonderful lifestyle with opportunities for peaceful walks, canoeing, crabbing and enjoying the natural surroundings. At the same time, everyday convenience is close at hand, with schools along the same road, the hospital within short distance, and shops and other amenities nearby.
Investment Highlights:
- Fixed-term lease until 28 May 2027
- Current rent: $550 per week
- Council Rates : $2100 approx
- Secure rental income from day one
- Three bedrooms and one bathroom
- Own private driveway
- Modern kitchen and neutral décor
- Easy-care property
- Peaceful riverside location
- Close to schools, hospital, shops and amenities
For investors seeking a well-located property with an established tenant, secure lease and attractive $550 per week rental income, this is an opportunity well worth considering.
Contact me today for further information or to arrange an inspection.
DISCLAIMER: This description has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate; however, buyers must make their own independent inquiries and must rely on their own personal judgment about the information included in this advertisement. Gopika Kaku, Jessica Kaku and LJ Hooker Property Experience provide this information without any express or implied warranty as to its accuracy or currency
Property features
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Carports
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Property snapshot by reiwa.com
This property at 50A Teranca Road, Greenfields is a three bedroom, one bathroom house listed for sale by Gopika Kaku and Jessica Kaku at LJ Hooker Property Experience South.
For more information about Greenfields, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Greenfields profile page.
If you would like to get in touch with Gopika Kaku or Jessica Kaku regarding 50A Teranca Road, Greenfields, please call Gopika on 0493 530 809 or call Jessica on 0422 114 037, or contact the agent via email.
Cost breakdown
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Water rates: $877 / year
Nearby schools
Greenfields overview
Greenfields is a residential suburb within the City of Mandurah that features several smaller communities within its boundaries such as Country Roads, Norfolk Gardens, Riverside Gardens and Central Park. Greenfield's major development period started in the 1980s.
Life in Greenfields
Greenfields provides the quintessential 'suburban lifestyle' to its residents with attractive estates flanked by parks and trees dominating its landscape. The family friendly suburb features three primary schools, two high schools and the Peel Education and Health Campus'. Also in the suburb are a number of public open spaces such as Ray and Rose Fowler Park and Eacott Park, as well as retirement and lifestyle communities like Lady Brand Village and St Ives.
Greenfields quick stats
High end
$765k
Median
$710k
Low end
$650k
18.3 %
Annual growth
$710k
Annual median sales price
$590pw
Annual median rental price
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