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Overview
7/10-14 Redgum Street, Morley
This unique opportunity presents the first-time offering of a whole-building investment comprising nine townhouses located at 10-14 Redgum Way, Morley WA. The entire complex is positioned on a substantial 2000 square meter land parcel, providing a significant land holding in a sought-after area.
The complex is fully leased, delivering immediate rental income with minimal vacancy risk. This investment combines strong underlying land value with potential for future earnings, making it a strategic holding that offers both instant cash flow and exceptional long-term capital growth potential.
All leases are on a 100% periodical tenancy basis, ensuring the property is ready for immediate income generation from day one. Ownership of the entire asset means there is no strata or body corporate, granting total control over the property.
- Prime 2000 square meter land holding.
- One townhouse with 5 bedrooms, 2 bathrooms, and two storeys.
- One single-storey townhouse with 3 bedrooms and 1 bathroom.
- Seven two-storey townhouses each with 2 bedrooms and 1 bathroom.
- On-site parking available for residents.
- Constructed in 1985.
- NBN connectivity is established.
The location offers unbeatable convenience with a range of everyday amenities nearby. Educational facilities include Beechboro Primary School (2.4 km), Good Shepherd Catholic School (2.9 km), and Kiara College (1.37 km), among others. Shopping options are plentiful with Altone Park Shopping Centre just 1.2 km away, Coles Beechboro at 3.1 km, and the Galleria Shopping Centre and Coventry Markets in 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 within 11.8 km. Public transport is accessible 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). The property is approximately 9.9 km from the airport and 11.8 km from the Perth CBD, providing excellent connectivity.
This offering is ideal for investors seeking a well-located, fully leased complex with strong income and growth prospects in Morley, Western Australia.
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 as to its accuracy. Interested parties should conduct their own independent enquiries.
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
Market Insights for Morley WA 6062
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