Welcome to this delightful three-bedroom, one-bathroom home built originally in 1970 and well presented today, ready for new owners! Admire the picket fenced cozy front garden space, and make good use of the drive-through backyard access with secure gated parking. Inside, polished timber floors give you an attractive styling throughout, with ceiling fans keeping you comfortable in summer! The timber theme is present throughout the home, with excellent timber benchtops in the kitchen, (plenty of cabinetry for storage too!) and exposed timber ceiling beams in a secondary bedroom. All the bedrooms enjoy ceiling fans, keeping you comfortable during summer. Stepping out the back, there’s a brick paved area, grass, garden space and a large workshop ready for your projects! Currently leased at $370 per week until May 2025, this property could be an investment property bringing in income from day one, or the perfect country retreat for an owner occupier! Contact our team today for more information or to arrange a viewing.
Property Highlights:
- Three-bedroom, one-bathroom home built in 1970
- Large block size of 745 square metres, Zoned R30
- Internal floor space of 91 square metres
- Picket fenced front yard, great street appeal
- Drive-through access to backyard
- Large workshop
- Polished timber flooring
- Ceiling fans in all bedrooms and main living space
- Timber kitchen benchtops
- Exposed timber ceiling beams in secondary bedroom
- Large windows
- In-wall air conditioning unit
Investor Summary:
- 14 Martin Street is currently leased at $370 per week
- Market rent for the property is approximately $430 per week
- Using Market Rent and a purchase price of $325,000, this property provides an attractive estimated gross annual rental yield of 6.9%
- HouseSmart Real Estate is highly active in Northam and the surrounding Wheatbelt areas, and can provide high quality property management services throughout settlement and beyond
- Zoned R30, this property may have potential to subdivide the rear and construct an additional dwelling, subject to relevant approvals, buyers are encouraged to conduct their own due diligence here.
Location Summary:
- Close to Northam Regional Hospital
- Nearby multiple parks such as Rushton Park and Perina Park
- Short drive to shops including Woolworths, Coles and SpudShed
- Local schools include Northam Residential College, Northam Senior High School, Northam Primary School and St Josephs School
- Swift access to Great Eastern Highway for travel to Perth
Northam is a desirable country town, with a great 'calming' sense to it and is a drawcard for wildflowers, road trips, good views, and cafe's. Why not have this every day, and be able to live your life at the same time? For this Australian town dream, there's no time to waste. Make this property yours today!
Why will you love this home?
- Beautiful street appeal and lovely touches that make this property feel truly like ‘home’ such as polished timber floors and front picket fencing
- Ceiling fans throughout property including all bedrooms and the main living space
- Large workshop at rear
- 745 square metre block, zoned R30
Contact Adam Bettison and our team on 0409 929 128 today to arrange a viewing and help you with your property journey!
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