Come on in to this three-bedroom, one-bathroom home in Ferndale built originally in 1979, nestled near the back of a cul-de-sac for maximum privacy, and providing ample outdoor living with a massive backyard. Situated on a duplex block, you have run of the mill of a approximately 665 square metres altogether, meaning there's plenty of room for you, your family, pets or hobbies! Currently rented out on a periodic lease, this home provides an immediate investment, with an estimated rental yield of 4.1% at current rent, or 5.5% at market rent.
Property Highlights:
- Three-bedroom, one-bathroom home built in 1979
- Approximately 665 square metres land size, on duplex block
- 98 square metres building size
- Carport plus three open car spaces to driveway
- Reverse cycle air conditioning to living area and main bedroom
- Ceiling fan to main bedroom
- Garden shed to rear
- Large backyard of over approximately 300m2
- Paved side area and side gate access
Investor Summary:
- This property is currently tenanted on a periodic basis for $350 per week
- Market rent for 16B Bubara Way is approximately $475 per week
- With a purchase price of $450,000 and market rent, the estimated rental yield for this property is 5.5%
- HouseSmart Real Estate is highly active in Ferndale and the surrounding areas, and can provide high-quality property management services throughout the duration of the sale and beyond.
Coming in to this property, you will notice there is plenty of space for parking with a wide open driveway allowing three open car spaces, along with a carport with undercover parking for one car. There is a side gate to both sides, for easy access in and out when moving about.
The main door of the property will bring you in to the tiled entry area which is the perfect place to greet guests and store shoes. The sunken living area provides a nice welcoming space, and place to relax in after a long day at work. Keeping this area cool is the reverse cycle split system air conditioner which provides a nice breeze over the room. There is also a sliding door out to the paved side yard, which is great for entertainment, but can also give a natural breeze in to the house when opened.
Moving on through to the dining area, this is open to the kitchen which creates an eating and cooking zone. The kitchen has a large bench top for all your preparation, and there are plenty of cupboards for storage of your kitchen goods. Also featured in this well-designed kitchen are a stainless steel double sink, built-in electric oven, electric hotplates, and a built-in pantry.
The three bedrooms in this home are all a good size. The main bedroom, being the largest, features a wooden built in robe, split system air conditioning, and a ceiling fan. The other bedrooms could easily be used as a study, home gym, or extra storage room if you are by yourself!
Moving out to the backyard, there is a side paved area to which the perfect addition would be a patio or undercover area. There is a wide grass area which is ready for your backyard ideas: will you build a large shed, barbeque area, or put down some fruit trees? The future is up to you - but the house provides the space that you need to make your dreams come true.
Nearby is Bridgeway Park (Approx. 15 min walk), Canning River Regional Park (Approx. 15 min walk), Fountain College (Approx. 5 min drive) and Lynwood Supa IGA (Approx. 3 min drive). There is also a bus stop nearby for public transport options.
Whether looking for an investment property, or somewhere with enough space to move in and make your own, this property holds the roots to the perfect place for you. Make sure that you don't miss out!
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