Reiwa Reiwa
7/62 Morley Drive, Tuart Hill WA 6060

7/62 Morley Drive, Tuart Hill WA 6060

Offers in the Mid $400,000's

New

2 Bedrooms

1 Bathroom

1 Car

Apartment

Contact the agent

Tim Tolley

0418566712

Harcourts Alliance


BIG Potential - Small Price

If you've been searching for an affordable way to break into the market, this could be the opportunity you've been waiting for.

Positioned in a small complex of just 10 units, this original upstairs two-bedroom apartment offers plenty of potential for first home buyers, renovators or investors looking to add value. While it's ready for a fresh update, the functional floor plan and convenient location provide the perfect foundation to make it your own.

Public transport couldn't be easier, with a bus stop right at the front of the complex and excellent access to major roads heading north, south, east and west. Parking is another bonus, with ample space available for residents and visitors alike.

Currently leased until September 2026, the property also presents an easy set-and-forget investment with immediate rental income while you plan your next move.

Whether you're looking to renovate, invest or simply secure an affordable property in a well-connected suburb, this is an opportunity well worth considering.

Features include:
• Two bedrooms
• Open plan living
• Kitchen with plenty of cupboard space
• Bathroom with shower and pivot screen
• Security screens to all windows
• Electric hot water system
• Upstairs position in a complex of just 10 units
• Communal laundry
• Plenty of resident and visitor parking
• Currently rented at $500 per week until September 2026

Outgoings:
• Strata levies: $921.95 per quarter (includes $125.05 reserve fund)
• Shire rates: $1,596.11 per annum (2025/2026)
• Water rates: $944.74 per annum (2025/26)
• Electricity and water consumption are included within the strata levies.

Property features

  • Carports 1
  • Floor area 48m2

Cost breakdown

  • Council rates: $1,596 / year
  • Water rates: $944 / year
  • Strata fees: $921 / quarter

Nearby schools

Nollamara Primary School Primary Government 0.7km
West Coast Steiner School Primary Non-government 0.8km
Balcatta Primary School Primary Government 1.2km
St Lawrence Primary School Primary Non-government 1.3km
Our Lady Of Lourdes School Primary Non-government 1.3km
Osborne Primary School Primary Government 1.5km
Tuart Hill Primary School Primary Government 1.5km
Servite College Secondary Non-government 1.5km
St Kieran Catholic Primary School Primary Non-government 1.5km
Dianella Secondary College Education Support Centre Secondary Specialist 2.1km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5037118