450K Modern 3 Bedroom Property Bought 10%-20% BELOW Market Value & Secured OFF MARKET (NOT on REALESTATE or DOMAIN)

Written By Eddie Dilleen

$450,000

At just $450K, this property features three bedrooms, two bathrooms and a double lock-up garage.

The House comes fully equipped with modern conveniences including:

  • Open-plan living and dining areas

  • Over 200 sqm land parcel, ideal for future growth

  • Low-maintenance tile flooring

  • Security-fenced backyard

  • No strata fees

Key Features:

  • Rental Income: Potential rental yield of $540-600 per week (6.93% yield)

  • Location: Conveniently situated 11 minutes to the nearby beach and 35 minutes to Perth CBD

  • Depreciation Benefits: Built in late 2015, offering significant tax depreciation advantages

Additionally, the property is currently tenanted to excellent occupants who are eager to stay and potentially pay more in rent, ensuring a hassle-free investment experience.

Eddie Dilleen
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589.9K HOUSE Just 19km to the Perth CBD! Bought 10%-20% BELOW Market Value & Secured OFF MARKET (NOT on REALESTATE or DOMAIN)
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630K Property Just 22 mins to Perth CBD with 6.4% Yield! Bought 10%-20% BELOW Market Value & Secured OFF MARKET (NOT on REALESTATE or DOMAIN)