Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
3/10-14 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, positioned on a substantial 2000 square meter land parcel. This fully leased complex offers immediate rental income with minimal vacancy risk, making it an attractive investment with strong underlying land value and potential for future capital growth.
The property features 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 investment.
- Prime land holding of 2000 square meters.
- 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 connection is established.
The location offers unbeatable convenience with numerous nearby amenities. Educational institutions such as Beechboro Primary School, Good Shepherd Catholic School, and Kiara College are within close proximity. Shopping needs are met by Altone Park Shopping Centre, Coles Beechboro, and the Galleria Shopping Centre including Coventry Markets Morley.
For lifestyle and leisure, the Old Perth Road Café and Dining Precinct and the Swan Valley food and wine region are easily accessible. Public transport options include a bus stop on Beechboro Road near Beechboro Central Shopping Centre, Noranda Train Station, and Morley Bus Station. The property is approximately 9.9 kilometers from the airport and 11.8 kilometers from Perth CBD, providing excellent connectivity.
This investment offers a rare combination of immediate income and long-term growth potential in a sought-after location, making it a strategic holding for investors seeking a secure and profitable asset in Morley, Western Australia.
Disclaimer: The information provided is for general purposes only and is based on details supplied by the seller. Interested parties should conduct their own independent inquiries to verify accuracy and suitability.
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
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
