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Overview
1-9/10-14 Redgum Way, Morley
This unique opportunity presents the chance to acquire the entire complex of 9 townhouses located at 10-14 Redgum Way, Morley WA, offered for the first time. Situated on a substantial 2000 square meter block, this fully leased property offers immediate rental income with minimal vacancy risk, making it an attractive investment.
The complex comprises nine townhouses, including one two-storey townhouse with six bedrooms and two bathrooms, one single-storey townhouse with three bedrooms and one bathroom, and seven two-storey townhouses each with two bedrooms and one bathroom. The property was constructed in 1987 and includes on-site parking facilities for residents.
All units are under 100% periodical tenancy leases, ensuring instant cash flow from day one. Ownership of the entire asset means there is no strata or body corporate, providing total control over the property.
The location offers unbeatable convenience with numerous amenities nearby. Educational institutions within close proximity include Beechboro Primary School (2.4 km), Good Shepherd Catholic School (2.9 km), and Kiara College (1.37 km). Shopping and grocery options are readily accessible, with Altone Park Shopping Centre just 1.2 km away, Coles Beechboro at 3.1 km, and the Galleria Shopping Centre and Coventry Markets Morley at 5.2 km.
For lifestyle and leisure, the Old Perth Road Café and Dining Precinct is 5.8 km away, and the renowned Swan Valley food and wine region is approximately 11.8 km from the property. Public transport options include a bus stop on Beechboro Road near Beechboro Central Shopping Centre (800 m), Noranda Train Station (1.3 km), and Morley Bus Station (5.9 km). The property also benefits from convenient access to Perth CBD (11.8 km) and the airport (9.9 km).
This investment offers a strategic holding that combines immediate income with significant long-term growth potential in the Morley area. Interested parties are encouraged to conduct their own enquiries to verify all information provided.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Morley WA 6062
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 75 m² |
Market Insights for Morley WA 6062
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