Come on in to this luxurious yet low-maintenance unit that provides a comfortable livelihood, spanning across a large open plan living and dining area, modern kitchen, sizeable main bedroom and bathroom. There is also a fenced courtyard, and the home is close by schools and parks. For a property that has everything you need as well as an immediate investment opportunity (with high estimated rental yield) then look no further than this unit!
Property Highlights:
- One-bedroom, one-bathroom unit built in 2014
- 77 square metres land size
- 43 square metres building size
- Split system air conditioning
- Allocated car parking bay
- Visitor's parking to the complex
- Store room
- Modern design throughout
- Private courtyard
Investor Summary:
- This property is currently tenanted on a fixed term basis until January 2024, for $320 per week
- Market rent for 5/1 Spring Avenue is approximately $375 per week
- With a purchase price of $250,000 and market rent, the estimated rental yield for this property is a massive 7.82%!
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.
Drive up in this complex and park in your allocated parking bay, nearby the front entrance of the home. There is a storage room for a bike if you wish to ride that instead - there are plenty of walking and riding paths around Midland to do so! Coming in to the unit, you are welcomed by the large living space which presents a homely and comfortable feel from the very first time you step inside.
For a quick bite, entertaining friends, or whipping up a larger dinner, the kitchen has you covered. With a modern design, plenty of under-bench and overhead cupboards, microwave space, and a large round sink, it creates the atmosphere and space perfect for cooking.
The living, dining and kitchen areas are well-lit and also have plenty of natural light from the large sliding doors out to the courtyard. Keeping this area cool in the upcoming summer is the split system air conditioning flowing over the whole area. These areas are also tiled which are cool on the feet as well as being easy to keep clean. There is a laundry area to the side for effortless accessibility for those everyday chores.
The bedroom is a good size to feature your large bed, plus extra room to put a side table or study desk. This room has wood-look laminate flooring to tie together the design. The walk in robe provides room for all your clothes and goods!
The private courtyard is perfect for some outdoor plants to lighten up the area with some greenery; and a little outdoor table and chairs to sip a cup of coffee or tea whilst enjoying the ambience of your own home!
If you want to stretch your legs further, walk down to Koolbardie Park (650m) which has a park, walking paths, playground, and basketball area. As for schools, there are plenty within walking distance including La Salle College (650m), St. Brigid's Primary School (850m), and North Metro TAFE Midland Campus (1.2km). Midland Gate Shopping Centre, with it's many surrounding cafe's, restaurants, shopping outlet stores, and bar's, is a short 1.8km or approx. 5 minute drive from the home. Also within approx. 5 minutes drive of this home is the Swan Valley, with it's wineries, chocolate companies, restaurants, and specialty food stores.
For a great location, and not to mention a wonderfully designed unit, then look no further than 5/1 Spring Avenue. Make sure that you don't miss out on this opportunity!
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