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Overview
4/10-14 Redgum Street, Morley
This unique opportunity presents the chance to acquire the entire complex of 9 townhouses located at 10-14 Redgum Way, Morley WA. Situated on a substantial 2000 square meter block, this fully leased property offers immediate rental income with minimal vacancy risk, making it an excellent investment with strong underlying land value and potential for future growth.
The complex is comprised of a variety of townhouse configurations, 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 diversity caters to a range of tenant needs and maximizes rental appeal.
All units are currently 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 fees, providing total control over the property.
- Prime land holding of 2000 square meters
- 1 x 5-bedroom, 2-bathroom, 2-storey townhouse
- 1 x 3-bedroom, 1-bathroom, single-storey townhouse
- 7 x 2-bedroom, 1-bathroom, 2-storey townhouses
- On-site parking available for residents
- Constructed in 1985
- NBN connected for modern connectivity
The location offers unbeatable convenience with numerous amenities nearby. Educational institutions such as Beechboro Primary School, Good Shepherd Catholic School, and Kiara College are within close proximity, making it ideal for families and tenants with school-age children.
Shopping and grocery needs are well catered for with Altone Park Shopping Centre, Coles Beechboro, and the Galleria Shopping Centre including Coventry Markets Morley all within a short drive.
For lifestyle and leisure, the Old Perth Road Café and Dining Precinct and the renowned Swan Valley food and wine region are easily accessible, providing a variety of dining and entertainment options.
Public transport options are convenient with bus stops on Beechboro Road near Beechboro Central Shopping Centre, Noranda Train Station, and Morley Bus Station all nearby, facilitating easy access to the Perth CBD and airport, which are approximately 11.8 km and 9.9 km away respectively.
This property represents a rare and strategic investment opportunity in Morley, combining immediate income with long-term capital growth potential. 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
Market Insights for Morley WA 6062
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