8/10-14 Redgum Street
Morley, WA 6062

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 complex offers immediate rental income with minimal vacancy risk, making it an attractive investment.

The property comprises a mix of townhouses including one 5-bedroom, 2-bathroom two-storey townhouse, one 3-bedroom, 1-bathroom single-storey townhouse, and seven 2-bedroom, 1-bathroom two-storey townhouses. This diverse configuration caters to a variety of tenant needs and maximizes rental potential.

All units are under 100% periodical tenancy leases, ensuring steady 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 complex includes on-site parking facilities for residents, with one carport per unit, and was constructed in 1985. The property is connected to the National Broadband Network (NBN), enhancing its appeal to tenants.

Located in a highly convenient area, the property benefits from proximity to numerous amenities. Nearby schools include Beechboro Primary School (2.4 km), Good Shepherd Catholic School (2.9 km), and Kiara College (1.37 km), among others. 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.

The lifestyle offerings in the vicinity include the Old Perth Road Café and Dining Precinct (5.8 km) and the renowned Swan Valley food and wine region (11.8 km). Public transport is convenient with 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).

Access to the Perth CBD and airport is straightforward, with the airport approximately 9.9 km away and the CBD about 11.8 km from the property.

This investment combines immediate income generation with significant long-term growth potential due to the strong underlying land value and strategic location. It represents a rare and hard-to-find opportunity in the Morley area for investors seeking a substantial and well-positioned asset.

Disclaimer: The information provided is for general purposes only and is based on details supplied by the seller. It may be subject to change, and no warranty or representation is made regarding its accuracy. Interested parties should conduct their own independent inquiries.