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Investors Delight
Explore a compelling investment prospect in Bentley's dynamic real estate market. This expansive 866sqm property boasts a contemporary 4x2 residence at the rear, complemented by an original 3x1 front property. Currently, both homes are tenanted, with the 3x1 front house fetching a steady $450 per week, while the 4x2 rear residence commands an impressive $550 per week (with scope to increase). Enjoy a consistent income stream until mid-December, marking the conclusion of the current tenancy agreements.
Strategically positioned, this property not only offers immediate returns but also holds substantial potential for subdivision, pending approval. Take advantage of Bentley's growth and position yourself for increased returns through astute development. This meticulously managed investment provides a unique combination of present income and future development prospects, making it an attractive proposition for discerning investors. Seize the opportunity and act promptly to secure this prime investment in Bentley.
For more detailed information and to explore the full potential, reach out to us today. Position yourself for success in Bentley's evolving real estate landscape.
DISCLAIMER: Photos are for illustrated purposes only. Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Property features
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Garages
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Property snapshot by reiwa.com
This property at 62 Queen Street, Bentley is a seven bedroom, three bathroom house sold by Ross Calnan and Oscar Seel at Calnan Property on 09 Dec 2023.
Looking to buy a similar property in the area? View other seven bedroom properties for sale in Bentley or see other recently sold properties in Bentley.
Nearby schools
Bentley overview
Bentley is a southern suburb of Perth eight kilometres southeast of the Perth CBD. Its local government areas are the City of Canning and the Town of Victoria Park. Bentley is bounded by Kent street to the west, Manning road, Burton/Mills streets to the south and the Armadale railway line to the northeast. The section east of Albany Highway is largely commercial and industrial, while the area to the west is dominated by environmental and cow grazing facilities. The rest is entirely residential.
Life in Bentley
Bentley is an established suburb with schools, restaurants, a shopping centre and a large retirement housing complex. Bentley is also the home of Curtin University.
Bentley quick stats
High end
$730k
Median
$650k
Low end
$569k
22.6 %
Annual growth
$650k
Annual median sales price
$700pw
Annual median rental price
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