SOLD
Sold on 28 Feb 2024 for $166,500

26/22 Old Pinjarra Road
Greenfields WA 6210

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 131m2
Land area: 301m2
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Property Details for 26/22 Old Pinjarra Rd, Greenfields

26/22 Old Pinjarra Rd, Greenfields is a 3 bedroom, 2 bathroom Townhouse and was built in 2024. The property has a land size of 301m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Townhouse sold in Greenfields in the last 12 months.

Building Type
Townhouse
Year Built
2024
Floor Size
131m2
Land Size
301m2
Local Government
Mandurah
Lot/Plan
28/S085909

Last Listing description (June 2024)

ALL UNDER OFFER!

THE GOOD NEWS FOR YOU:
Mandurah enjoys a whopping 22.4% annual growth! Coupled with this extremely popular and lucrative High-Yield, Double-Occupancy (with double rental income) investment strategy .

Final 2 lots left! Construction is underway and houses to be completed within 12 months.

At $499k purchase price buying you 2 separate residences, you are a winner no matter how you look at it. At rental of $900/week, the yield is over 9% leasing both residences out, or live in one and lease the other one out to enjoy a strong rental income or to cover your mortgage payment. This is your golden opportunity to use such a lucrative & smart Investment strategy many highly-experienced and successful investors engage to out-perform and super-charge their property investment returns!

These double bricked houses, to be completed in 12 months by the reputable Shelford Building group, is located in the vibrant city of Mandurah awaiting all types of astute buyers. Highly in demand by investors, both local and interstate buyer, as well as from overseas buyers, double-occupacny properties like this are a very rare find.

PLUS you get the bonus of an excellent location in Mandurah - Mandurah has a whopping 22.4% annual growth ! (per REIWA & Market data). Mandurah is one of the fastest growing areas per market performance achieved, and is extremely well-served by trains and public transport as well as our Perth main North-South freeway.

BUYER'S REJOICE!
The double-occupancy property, comprises of 2 separate units under the same roof, with separate entrances/living spaces: giving you a unit of 2 bedder with 1 bathroom, & another unit of 1 bedder with 1 bathroom. The property, sitting on titled land of approx 300 sqm, is located in one of the most highly-sought after pockets in Mandurah. Live comfortably with your families and loved ones under the same roof BUT in 2 separate "houses" next to one another, with all the privacy you need at the same time.

INVESTOR'S REJOICE! Rental $900/week !
But what is double/dual occupancy? Essentially, you are getting 2 residences (2 "houses") for the price of only 1 property. With the rare ability to earn 2 separate rental incomes from 2 separate tenancies!
Lucrative, excellent opportunity of a land and house package with dual occupancy, giving you returns of approx $900/week to $950/week; over a high 9% yield!

TOP LOCATION:
Mandurah is one of the fastest growing areas per market performance achieved, and is extremely well-served by trains and public transport as well as our Perth main North-South freeway.
Located just off Pinjarra Rd and close to Mandurah Rd, this property provides advantageous access into the heart of Mandurah and convenience to the northern and southern parts of Western Australia. A plethora of amenities are located nearby, such as Mandurah Forum (2.3km), Mandurah Aquatic And Recreation Centre (3.0km) for all your shopping and fitness needs! Along with Early Learning Centres, Primary Schools, Colleges, TAFE and University campuses nearby, this property is suitable for occupiers of all ages! Please see below a list of some of the nearby places of interest showing the convenience of the location. Public Transport options are a short walk away as well, providing access to inner Mandurah, Ravenswood, and Pinjarra.

ONLY 2 LOTS LEFT!!! ALL SOLD!! BE QUICK TO SECURE YOUR LAST LOTS!!

DOUBLE- OCCUPANCY BENEFITS
The Lucrative Benefits of Dual-Occupancy Housing are endless!
- Dual Occupancy housing offers 2 independent tenancies on one lot and title, giving you 2 separate rental incomes immediately & higher yields
- If you are looking for a place to live and an asset to pay off the mortgage this is a great option.
- Retirees/downsizers can have a home to reside in whilst enjoying a passive income.
- Families with older children or elderly parents can live with convenience of being together, whilst also being separate

Some Nearby Amenities Include:
- Joseph & Dulcie Nannup Trail along Serpentine River (290m)
- Goodstart Early Learning Centre (750m)
- Riverside Primary School (1.2km)
- ACE Early Learning Centre (1.4km)
- Foundation Christian College (1.8km)
- Coodanup College (2.0km)
- Peel Health Campus (2.0km)
- Frasers Landing Playground (2.3km)
- Mandurah Forum (2.3km)
- Spudshed (2.3km)
- Amaze Miniature Park (2.4km)
- Lake Goegrup Boardwalk (2.5km)
- Coodanup Community Centre (3.0km)
- Mandurah Aquatic And Recreation Centre (3.0km)
- Mandurah Catholic College (3.2km)
- Mandurah Train Station (3.8km)
- South Metropolitan TAFE (3.8km)
- John Tonkin College MET Campus (4.2km)
- Murdoch University Mandurah Campus (4.3km)
- Silver Sand Beach (5.5km)
- Mandurah Performing Arts Centre (5.7km)

ONLY 2 LOTS LEFT!!! ALL SOLD !! BE QUICK TO SECURE YOUR LAST LOTS!!

DISCLAIMER: Whilst every care has been taken with the preparation of the information believed to be correct in the advertisement, neither the Advertiser, Agent nor the client nor servants of these, guarantee its accuracy. Interested parties must make their own enquiries and satisfy themselves with any aspect. The information contained are not intended to form part of any contract. Images are for illustrative purposes only. Users of this advertisement must do their own due diligence and absolutely no liability and/or no responsibility will be assumed by the Advertiser/Agent/Associated Parties etc.

Property History for 26/22 Old Pinjarra Rd, Greenfields, WA 6210

A timeline of how this property has performed in the market
Last Sold
$166,500
28 Feb 2024
  • 09 May 2024
    Listed for Sale ALL UNDER OFFER!!
  • 28 Feb 2024
    Sold for $166,500

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About Greenfields 6210

The size of Greenfields is approximately 10 square kilometres. It has 30 parks covering nearly 12.5% of total area. The population of Greenfields in 2011 was 9,939 people. By 2016 the population was 9,851 showing a population decline of 0.9% in the area during that time. The predominant age group in Greenfields is 0-9 years. Households in Greenfields are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Greenfields work in a trades occupation. In 2011, 61.8% of the homes in Greenfields were owner-occupied compared with 64% in 2016.

Greenfields has 4,908 properties. Over the last 5 years, Houses in Greenfields have seen a 136.79% increase in median value, while Units have seen a 119.26% increase. As at 30 September 2024:

  • The median value for Houses in Greenfields is $594,051 while the median value for Units is $447,179.
  • Houses have a median rent of $540 while Units have a median rent of $500.
There are currently 27 properties listed for sale, and 21 properties listed for rent in Greenfields on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Greenfields.

Suburb Insights for Greenfields 6210

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.