1/24 Arbon Way

Lockridge WA 6054

Investor Summary:
- This house is currently tenanted on a fixed term basis for $330 per week until June 2023
- Market rent for 1/24 Arbon Way is approximately $380 per week.
- Using a purchase price of $279,000 and market rent, this property returns a gross annual rental yield of 7.1%
- HouseSmart is highly active in Lockridge and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond

This property is set back from the road, which is already a quiet road away from the main streets. A front lawn and shady trees welcome you in as you drive into the carport. Built in 1972, the townhouses in this complex feature a sturdy brick and tile build. There is a row of trees and hedges to the side that provide a bit of greenery, and hiding to the side of these is a gate leading towards the fenced backyard.

There are two storeys to the house, the first of which holds a welcoming living/dining area, kitchen, and separate laundry and toilet area. The living/dining area, which is just off the entry, provides a good space to settle down and relax, underneath the cool breeze of the air conditioner. There is a gas heating point to this room as well.

The kitchen holds plenty of storage and cooking area. A large benchtop, shelving, and plenty of cupboards and drawers means there is lots of space to put all your items. There is also a wide kitchen sink, freestanding oven with gas hotplates, fridge space, and, best of all, a window overlooking the courtyard area. If you have children or dogs you can watch them play safely here right from your kitchen window.

Moving upstairs, there are three ample bedrooms. There is an air conditioner to one of the bedrooms, and another has a built in robe/cupboard. There are large windows to all, which provide good overviews of the courtyard or front yard below. There is also a bathroom which has mirrored cupboards, vanity cupboards, and a shower/bath combo.

Out the back door there is a shaded pergola area, which is perfect for a table and chairs to sit underneath and enjoy the evening. There are outdoor powerpoints ready for your use. Complimenting the patio is an extensive paving area filling the low-maintenance backyard. There is also a garden shed for all your storage needs. Pop a few potplants down and this area becomes an easy green oasis!

Located in the centre of Lockridge, your new home is within walking distance of Lockridge Primary School, Lockridge Community Centre, Community Garden, and Lockridge Medical Centre. Multiple parks and reserves are in walking distance including Woolgar Lake, Grimrey Oval, Rosher Park, Thorson Park, and Tressider Park. If you need to take the dog - or yourself - for a stroll, this is the place to be! Road transport links are fast, with Lord Street taking you towards the city or Midland, and Altone Road moving you to Morley. As for public transport, there are bus links on nearby Diana Crescent.

This property has a lot going for it - a convenient and cosy house for any patient owner occupier, or an immediate investment for those looking to rent it out. Whichever you are - make sure you don't miss out!