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Investment Opportunity with Existing Long Term Tenant
An investor's delight, with a prime location, long-term tenant and well-kept home, see what 72 Port Royal Drive has to offer in the booming Rockingham district suburb of Safety Bay! With the revolutionary AUKUS deal bringing in thousands of workers in need of a place to stay, Safety Bay is an ideal area for an investment property, being in proximity to Garden Island and the Naval Base.
Location could not get any better than what you will get with this investment. Only a few minutes drive from Warnbro Sound beach, Rockingham City Centre, schooling and recreation, this property has it all! A beachside suburb lifestyle; with shopping, restaurants, healthcare, schooling, cinemas, sporting clubs and much more right at your fingertips.
The 688 sqm block boasts a spacious 200 sqm floor plan, consisting of 4 bedrooms, 2 bathrooms and a 2 car garage. In addition to the enormous floor plan, the size of the block leaves ample room in both the front and rear of the property. The backyard has a large patio area across the entire back of the home, with a large grassed yard and storage shed. From here, you can also access the enclosed side feature of the home; consisting of a spa, storage or possible workspace. This area can also be accessed from the front of the property, making storage easy and accessible.
The home itself consists of an open-concept kitchen-living-dining area with an additional lounge/movie/coffee room. Down the hall, you access the master bedroom, with an ensuite bathroom, walk-in robe and ceiling fan. Further along, you also access the other 3 minor bedrooms consisting of built-in robes. A large guest bathroom accompanies these rooms including a shower and bathtub.
This property has a fixed-term lease in place, expiring 7th Dec 2024, paying $520 per week. There is also a rent review in July for $570 per week.
PROPERTY FEATURES:
• 688 sqm block, 200 sqm floor plan
• Fixed lease $520 per week
• Bore & Retic
• Built-in side shed for storage or workspace
• Spa
• Ducted Evaporative air-conditioning throughout
• Spacious open-concept kitchen-living-dining
• Master with ensuite and walk-in robe
• Minor bedrooms with built-in robes
• Large fridge recess and dishwasher recess
• Alarm security system
• Big backyard with long patio area
• Back storage shed
• Gas storage hot water system
• Big guest bathroom
• Lots of vehicle space with looped driveway
• Lots of grassed areas and plants/trees
For more information or to organise a private inspection, please call Jacob McGavin 0499 111 435 or Hayley Tubbs on 0403 569 005.
Property features
-
Garages
2
-
Floor area
200m2
Property snapshot by reiwa.com
This property at 72 Port Royal Drive, Safety Bay is a four bedroom, two bathroom house sold by Hayley Tubbs and Jacob McGavin at Chalk Property on 07 Mar 2024.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Safety Bay or see other recently sold properties in Safety Bay.
Nearby schools
Safety Bay overview
The coastal suburb of Safety Bay was established in the early 1900s when it became a popular venue for family holidays. Significant residential development did not occur until the 1970s and since then only a slight population increase in the late 1990s was experienced.
Life in Safety Bay
With the beach within walking distance as well as an array of parks and reserves, Safety Bay offers up an enviable family-friendly lifestyle. The serene waters of the Safety Bay foreshore are safe and welcoming for children, as are the parks with playgrounds that overlook the water. The Safety Bay Yacht Club has been a fixture of the suburb since 1946, with the club also used as a place to hire for recreational activities like dancing and martial arts. Safety Bay Primary School and Safety Bay High School are the local schools.
Safety Bay quick stats
High end
$795k
Median
$690k
Low end
$623k
25.5 %
Annual growth
$690k
Annual median sales price
$575pw
Annual median rental price
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