3-bed townhouse | Boutique complex of four | 2 car bays | 289m² land | Currently leased
A generous land parcel of 289m² is provided by this townhouse, which is situated in a boutique complex of only four dwellings. A practical alternative to detached housing is offered by its three bedrooms, two bathrooms, and two car bays. The property is positioned in central Lathlain, where proximity to parkland and inner-city routes is maintained. A tenanted status is currently held, making the townhouse an attractive choice for investors, while the low-density setting is likely to suit owner-occupiers seeking privacy.
A notable quarterly strata levy is payable, which may be weighed against potential rental returns. The existing tenancy might cause settlement to be deferred for owner-occupiers. A land area of 289m² is offered, which, while not large, may provide greater flexibility than smaller units. These factors are likely to be considered when a purchaser forms a view on price.
>> Comparable Sales: 5B Roberts Road, a similar 3-bed townhouse on 287m², sold at approximately $1.07M | Property Price Band: $900K–$1.0M | Value Drivers: boutique complex, land size, existing tenancy