202a Station St, East Cannington is a 4 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 2125m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
This very well maintained and renovated 1970's double brick and tile duplex pair will show excellent rent return on investment, and also significant capital growth with the potential to subdivide and develop the rear land in the future.Present owner has held the property since 2003 and now is the time for them to move to retirement and sell the asset.Presently both sides are tenanted on periodical leases and at least one of the tenants is keen to stay on if given the opportunity.Features include:- 2 x 2 bedrooms , 1 bathroom and toilet- Undercover parking for both units- 2125m2 with a 20.12m frontage and zoned R20- No Strata Fees - both 2 bedroom duplex units are on a 2125m2 freehold green title- Rates : Water - $ 388.15 p.a. Shire - $ 2212.99 p.a.
The size of East Cannington is approximately 2.8 square kilometres. It has 15 parks covering nearly 11.2% of total area. The population of East Cannington in 2011 was 4,300 people. By 2016 the population was 5,446 showing a population growth of 26.7% in the area during that time. The predominant age group in East Cannington is 20-29 years. Households in East Cannington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Cannington work in a trades occupation. In 2011, 65% of the homes in East Cannington were owner-occupied compared with 62.4% in 2016.
East Cannington has 3,107 properties. Over the last 5 years, Houses in East Cannington have seen a 86.47% increase in median value, while Units have seen a 75.19% increase. As at 31 August 2024:
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