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Overview
Investment Opportunity
This investment opportunity involves a well-maintained 2-bedroom unit located in a secure, small complex of 12 units featuring a swimming pool. The property provides peace of mind with its secure and well-kept environment.
Conveniently located close to schools, shopping facilities, and public transportation, this unit offers comfortable and practical living spaces.
Key features of the property include two generous bedrooms, with the master bedroom equipped with a large built-in robe. The bathroom is spacious and combines laundry facilities.
The kitchen is designed with a servery window to the living area, enhancing functionality and flow. A combined lounge and dining area provides a welcoming environment for daily living and entertaining.
Additional benefits include a dedicated storage locker and an undercover parking bay. There is also a shared visitor parking area for convenience.
Security is enhanced with a remote-controlled security gate featuring a voice intercom system. Residents can also enjoy the sparkling below-ground pool and a built-in barbecue area in the shared communal space.
The property strata fees are approximately $958 per quarter, with council rates around $1800 per year. Currently, the unit is rented at $380 per week to a long-term tenant, with the lease extending until 2028.
This is a smart opportunity to enter the property market and acquire a quality unit that offers investment potential and lifestyle convenience.
Local Market Insights
In Orelia, Quiet Listings observed 2 new units entering the market over the last 30 days, down from 3 during the previous 30-day period, with an average advertised asking price of $474,000. The property type mix of listed properties is predominantly Houses at 81%, followed by land (6%), and commercial properties (6%). Heritage Realty was the most active agency in this area, representing 28.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Change History
| Headline | When |
|---|---|
| FROM $475,000 | |
| FROM $489,000 |
Location
Orelia WA 6167
Market Insights for Orelia WA 6167
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