1/20 Grove Street W

Little Grove WA 6330

A creative blend of contemporary styling, open-plan design and comfortable living spaces enhances the livability of this delightful unit in a leafy Little Grove enclave.An ideal home for singles or couples recognising the benefits of security, comfort and ease of maintenance, this will also tick the boxes for investors looking for an attractive rental proposition. ** Please note the additional information further down that applies to investors.Constructed of ivory Colorbond set off with grey trim, it incorporates a striking angular roofline and sits on a 479sqm lot with grey paving and easy-care garden edges for growing flowers and herbs.The end unit at the entrance to an impressive complex, it's protected and quiet, and surprisingly light and spacious inside. The open living area comprises an air-conditioned lounge with a raked ceiling following the roofline and a carpeted space at the rear lending itself to use as a dining room, office or hobby room.This is in addition to the meals area adjoining the sparkling kitchen, which boasts slick white cabinetry, glossy black benchtops, an electric cooktop and under-bench oven.A private, paved courtyard at the front provides another attractive living option for fair-weather outdoor dining, relaxation and entertaining.The carpeted queen-sized bedroom has a built-in robe. Smart design meets practicality in the adjoining bathroom and laundry, which incorporates a walk-in shower, toilet and vanity with a laundry trough and space for the washing machine.Beautifully presented, the home boasts attractive tiling, carpets and blinds complementing the clean, neutral decor, and has security screens at the front and back doors.There's a carport at the front as well as a built-in lockable storage shed for bikes and golf clubs.Presenting an exceptional opportunity for first-time owners or empty-nesters, this stylish property promises a stress-free lifestyle with everything close at hand. The general store is around the corner and occupants will appreciate the proximity to the coast, national park and walk trails, while the centre of Albany is a 10-minute drive away.** Investors may be interested to note that this property could achieve rental returns in the realm of $280 - $300 per week in the current market. The current owner has been taking great advantage of the National Rental Affordability Scheme (NRAS), which is a Government initiative that provides landlords with financial rewards to supply subsidized housing to eligible tenants. This property is currently leased to a NRAS approved tenant for $216 per week until 15/05/2022 but as a participant in the NRAS the owner receives additional benefits in the form of a tax offset of approximately $8,500 per annum plus a cash bonus of approximately $2,000 paid each year. These figures are subject to CPI and the NRAS incentives will cease to be available from 15/12/2023. Investors may continue on using the NRAS (until 15/12/2023) or opt out if they would prefer, at which point the rental return can revert back to the full market rate. Further information about the NRAS can be found here:https://www.dss.gov.au/housing-support-programs-services-housing-national-rental-affordability-scheme/about-the-national-rental-affordability-scheme-nras#incentiveIf you would like to discuss how this property could benefit you, or arrange an inspection, please contact Lee Stonell on 0409 684 653 or lee@merrifield.com.au Best you be quick because at this price the property wont be available for long.What you need to know:- Contemporary-styled unit, built 2013- Colorbond construction, striking design- First unit at entrance to complex- 479 sqm lot, survey strata scheme, deep sewered- Air-conditioned open lounge, meals area and dining room or hobby room- Sparkling white kitchen with electric cooking- Private, sheltered courtyard- Queen-sized bedroom with built-in robe- Generous wet room comprising shower, toilet, vanity, trough and space for washing machine- Attractive tiling, carpets, blinds and neutral decor- Carport- Lockup shed - Leafy location- 10 minutes from town- Near general store, coast, national parks, walk trails- Ideal for singles, couples, first-timers, downsizers and rental investors- Council rates $2,111.08 p/a- Water rates $1,463.12 p/a- Strata levies $954 p/a (includes building insurance)