Overview

This well-maintained home on The Strand offers a surprising amount of space and potential. Situated on a generous 741 square metre R20 block, it presents a compelling investment opportunity with strong rental income and future development potential in a highly sought-after Dianella location.

The property features an expansive and flexible floorplan, including a larger-than-average master bedroom with ensuite, two additional well-proportioned bedrooms, and multiple living zones. The open-plan living and dining area is complemented by a separate front lounge or theatre room. A renovated bathroom and laundry enhance the home's functionality and appeal to long-term tenants.

Outdoors, a large patio alfresco area overlooks the expansive backyard, providing excellent low-maintenance outdoor space. The property includes a double carport, garage or workshop, and ample off-road parking, further strengthening its investment credentials. The wide road verge of more than 80 square metres adds to the sense of space and future potential.

Currently leased at $850 per week until February 27, 2027, with quality tenants in place, this property offers immediate and secure rental income, making it an ideal set-and-forget investment. The large R20 zoned block also provides long-term development or value-add potential, subject to relevant approvals.

Perfectly positioned close to multiple parks and within walking distance to local amenities, including the popular Pimlott and Strand café, the location offers excellent tenant demand. With convenient access to Dianella Plaza, public transport, Coventry Markets, Morley Galleria, schools, childcare centres, major road links, the airport, and the Perth CBD, this is a proven investment location with enduring appeal.

This is a rare opportunity to secure a high-performing investment on a substantial landholding in one of Dianella's most tightly held streets.

THE HOME

• Three bedrooms
• Two bathrooms
• Open plan living and dining area
• Separate front lounge or theatre room
• Large built-in wardrobes in two bedrooms
• Split system air conditioning units throughout
• Large garden shed
• Beautifully maintained easy-care gardens
• Bore reticulated gardens including verge, front and back yard

LOCATION

Located in Dianella, this home offers easy access to local parks, shopping precincts, cafés, and public transport. With schools, recreational facilities, and the Perth CBD all within convenient reach, the lifestyle on offer is relaxed, connected, and wonderfully low maintenance, making it ideal for professionals, downsizers, or investors alike.

TITLE DETAILS

Lot 124 on Plan 007720
Volume 1261 Folio 786

CURRENT RENTAL RETURN

Tenanted for $850 per week until February 27, 2027

OUTGOINGS

• City of Stirling: $1704.19 per annum
• Water Corporation: $1,165.13 per annum

Location