SOLD
Sold on 29 Jul 2024 for $449,000

12/45 Altone Road
Lockridge WA 6054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 12/45 Altone Rd, Lockridge

12/45 Altone Rd, Lockridge is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2023. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Lockridge in the last 12 months.

Building Type
Townhouse
Year Built
2023
Local Government
Swan
Lot/Plan
12/S086400

Last Listing description (May 2024)

UNDER OFFER. Best Unit in corner of block. 9.6% yield!

UNDER OFFER. MORE PROPERTIES WANTED.Investors rejoice at this truly rare opportunity of 9.6% yield ! Be quick - very last unit for sale. All other 11 units are sold out!** SAVINGS OF 75% STAMP DUTY per WA government ** Interested parties to check with the authorities for your own due diligence.This exclusive 12- unit complex is located conveniently in Lockridge, only about 12 km from Perth CBD. Where WA government National Disability Insurance Scheme ("NDIS") funding supports home provision, this unique 12-unit stands out where "Jane Care" provides special accommodation to their clients in these 12 units, along with care, support as well as property management and leasing all taken care of for the buyers.The NDIS provides funding to eligible people with disability to gain more time with family and friends, greater independence, access to new skills, jobs, or volunteering in their community, and an improved quality of life. The NDIS also connects anyone with disability to services in their community.With a ten year corporate lease at above market rents that cover additional expenses, annual increases and make good arrangements, the returns on this investment are like no other! Outgoings, repairs, maintenance are all covered under this lease and with no management fees, this truly allows the landlord to be hands free in every way possible. This brand new first-floor unit comes with a spacious balcony, modern bathroom/laundry, a comfortable living/dining area, and even an internal storage area. The location of these units also boasts convenience no matter the lifestyle and occasion. Conveniently located close to many amenities, schools, public transport, Features:- Twelve unit complex- Well-appointed and laid out 2x1's just over 10km from the CBD- No management fees- Outgoings and all repairs and maintenance paid for- Make good provisions ("refresh reno" at the end of the lease) - $600/w NET + allowance for 3% rent increases each year- yield of 9.6% ($803/w equivalent rent if outgoings were not paid - i.e. a normal residential tenancy with insurance, management fees etc)*- After 10 years it is a net $783/w (9.36% yield) and equivalent rent of around $1048/w (12.52% yield)*Don't wait!Please contact Tris @ 0404 820 88 for inspection and further information,, or email to tris@assureproperty.com.au. Any queries about this property or if you would want a FREE MARKET APPRAISAL WITH FREE MARKETING for your home, please do not hesitate to contact Tris on 0404 820 888.DISCLAIMER: Whilst every care has been taken with the preparation of the information advertised here, neither the Advertiser, Agent nor the client nor servants of these, warrant its accuracy or correctness. Interested parties must make their own enquiries and satisfy themselves with every 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 12/45 Altone Rd, Lockridge, WA 6054

A timeline of how this property has performed in the market
Last Sold
$449,000
29 Jul 2024
  • 15 Mar 2024
    Sold for $455,200
  • 22 Feb 2024
    Listed for Sale $442500 High rtns

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About Lockridge 6054

The size of Lockridge is approximately 1.4 square kilometres. It has 10 parks covering nearly 11.9% of total area. The population of Lockridge in 2011 was 3,566 people. By 2016 the population was 3,457 showing a population decline of 3.1% in the area during that time. The predominant age group in Lockridge is 40-49 years. Households in Lockridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lockridge work in a labourer occupation. In 2011, 67.3% of the homes in Lockridge were owner-occupied compared with 65.7% in 2016.

Lockridge has 1,509 properties. Over the last 5 years, Houses in Lockridge have seen a 119.01% increase in median value, while Units have seen a 123.35% increase. As at 30 November 2024:

  • The median value for Houses in Lockridge is $667,403 while the median value for Units is $458,015.
  • Houses have a median rent of $580 while Units have a median rent of $595.
There are currently 7 properties listed for sale, and no properties listed for rent in Lockridge on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Lockridge.

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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.