Offers from $1.3 Million

6 Bed  •  5 Bath  •  2 Car  •  484m²

Main view of Homely house listing, 67A Camberwell Street, East Victoria Park WA 6101
Second view of Homely house listing, 67A Camberwell Street, East Victoria Park WA 6101
Third view of Homely house listing, 67A Camberwell Street, East Victoria Park WA 6101
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67A Camberwell Street, East Victoria Park WA 6101

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Offers from $1.3 Million

  • 6
  • 5
  • 2
  • 484m²

House for saleNEW on Homely

What's around Camberwell Street

House description

“Income Producing At $95,000 Per Year *”

Welcome to 67A Camberwell Street East Victoria Park, a property that presents one of the most compelling investment opportunities currently available in Perth. What sets this home apart is its proven ability to generate exceptional income, with the current owner receiving approximately $95,000 per annum gross. This income stream is not speculative but established, and it is driven by the property's unique setup, which has been purposefully designed for room by room rental.
The home itself offers six generously sized bedrooms and five bathrooms, each room furnished and ready for tenants, creating a seamless and efficient rental model. Unlike standard residential investments where income depends on a single tenancy, this configuration allows you to maximise returns by leasing each room individually. It also provides investors with the advantage of diversified income, reducing reliance on one tenant and ensuring a steadier cash flow. The layout, included in the marketing materials, showcases how practical and well thought out this arrangement truly is.
Location plays a vital role in the consistent performance of this property. East Victoria Park is one of Perth's most vibrant and sought-after inner-city suburbs, renowned for its bustling Albany Highway café and restaurant strip, boutique shopping, and excellent transport links. The suburb attracts a broad demographic including students, young professionals, and international visitors, all seeking affordable, well-located accommodation. Importantly, Curtin University is only a short distance away, creating a constant and reliable pool of tenants, particularly students who value proximity to campus and easy public transport connections into the Perth CBD. The demand for quality shared accommodation in this area is strong and continues to grow, making this property's rental model both secure and scalable.
The property is set on a 484 square metre survey strata lot with no strata fees. With only two lots in the group, both fronting onto Camberwell Street, you retain the independence and freedom that investors value without the ongoing burden of strata costs. This enhances your net returns and ensures the full income potential flows directly to you as the owner.
Properties configured to this standard for room by room rental are exceptionally rare in East Victoria Park, a suburb where tenant demand consistently outpaces supply. 67A Camberwell Street has been designed and proven to perform, offering an investor immediate and substantial income with long-term growth prospects underpinned by its premium location.
For those seeking an investment that combines strong cash flow with a blue-chip position, this property represents a unique opportunity to secure one of the suburb's most reliable income-producing assets.

Council rates: $2,560 per year.
Water rates: $1,310 per year.

*Income of $95,000 is based on all rooms let at current market value with one occupant per room and is a gross rent. Currently one room vacant and current weekly rent is $1,560. Electricity paid by tenants, water usage and gas usage paid by owner at an allowance of up to $10 per week per tenant.

Property features

toilets

Toilets: 5

Land details

Area: 484m²

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Fourth view of Homely house listing, 67A Camberwell Street, East Victoria Park WA 6101View more
Fifth view of Homely house listing, 67A Camberwell Street, East Victoria Park WA 6101View more

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67A Camberwell Street, East Victoria Park WA 6101
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