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45 / 7 Durnin Avenue
beeliar
WA, 6164

SOLD
listing rooms 2
listing bathrooms 1
listing parking 1
Property: 56 sqm Land: 80 sqm

Exceptional rental returns. Value for money. Would suit investor.

This attractive dwelling benefits from a tax-free government "NRAS" subsidy, currently running at $11,124.07 per year (1 May - 30 April) and is set to end on 27 February, 2026. This is on top of the reduced rent of $249.60 per week, making the gross returns of over $450pw truly outstanding. The current lease expires on 18 August, 2022, which saves the trouble and expense of finding a new tenant. The property is set to be cash-flow positive from day 1 of ownership.

The apartment is a recently-built, super convenient, 1-bed + study dwelling in the heart of Beeliar Village. Amenities on your doorstep include shopping, dining, parks and recreation. A short drive will connect you to the sand, sea and surf of the many great beaches stretching from Woodman Point to Fremantle.

Main features :

* 1 Bedroom+1 Study/small bedroom
* Bathroom
* European Laundry
* Stone countertops
* Voice intercom
* Full wall tiling under kitchen cupboards
* 2 tv points and full nbn conncetivity
* 6-star energy rating
* 30c ceilings
* Under cover car bay

The property also benefits from proximity to the transport and retail hub of Cockburn Gateway as well as the Kwinana freeway and an excellent train service to the city. The attractions of Fremantle are a mere 15 minutes away.

You are not bound by the NRAS scheme, but respecting the current tenancy would mean that ordinarily you would not be able to live in the property until at least 17 August, 2022.

For more information including organising an individual inspection, please contact Mark on 0439 487 174.

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About beeliar

median house price

397500

suburb growth

13.6%

median house rent

440

suburb rental yield

5.8%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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