54 Beenyup Road, Byford WA 6122

SOLD BY TRAVIS GROGAN

This is an outstanding opportunity for the investors chasing extra income, development potential and a terrific location.

THE PROPERTY
Located in the highly regarded Byford foothills and within walking distance of shops, schools, cafes and the new Byford Train Station, this really is a brilliant property delivering strong returns now and some great potential for the future.

The rectangular 956SQM block is divided into two sections, with the house at the front and a large studio at the rear which is currently being rented by a neighbour and accessed directly through their property, ensuring the occupants of the house are not disturbed by the arrangement.

The property to the west was recently subdivided into 350sqm lots, meaning there is a strong possibility that the shire would approve a subdivision should you wish - if that's not your thing, then you or your tenants will love having plenty of space to roam, even with the back portion of the block leased separately.

THE LEASES
The house is a lovely 3-bedroom, 1-bathroom configuration with two generous living rooms. Featuring ducted A/C and a wood fire, along with a sunken loungeroom (complete with a bar), this is a really comfortable place to call home. There is a wide side-access allowing drive through access to the garage and providing plenty of parking options. The house is currently rented at $450PW until December 2025 and the expected market rate is approximately $600PW, or vacant possession will be available if you wish to make it your home.

The rear studio is approximately 6m x 9m and is fully lined inside and finished off beautifully with A/C and carpeted floors. This space is currently leased to the neighbour for a small clothing business and is fenced off from the house and accessed through the neighbour's property. A lease agreement will be in place to close off this access at the cessation of the lease, which can be negotiated as part of this sale. The rental amount is a further $100 per week, making the total income potential from the property around $700PW.

WHAT NEXT?
This is a great opportunity for the savvy investor, or for a homebuyer looking for a comfortable place to live and the bonus income from the studio lease to help cover your costs.

To enquire about viewings or for more detail, please complete the CONTACT AGENT form on this website and we will be in touch.