Currently leased at $550 per week until August, this fantastic property presents a perfect opportunity for investors or future owner-occupiers who are not yet ready to move in. The current tenant adores the home and has been a tenant of this property for approximately 5 years is eager to continue stay long term, with a willingness to increase rent up to $650 per week on renewal — offering immediate returns and excellent rental growth potential.
Positioned in a peaceful cul-de-sac just 1.5km from Wellard Village and its train station, this beautifully presented home offers convenience, comfort, and a relaxed lifestyle. You'll love the multiple living spaces, generous outdoor entertaining area, and easy-care gardens — all wrapped up in a highly sought-after location.
Features and Benefits:
• Large master bedroom with walk-in robe and private ensuite
• Open plan living area plus a separate front lounge
• Well-maintained grassy lawns front and back, perfect for children or pets
• Warm décor throughout for easy styling
• Three spacious minor bedrooms, each with built-in robes
• Well-appointed family bathroom with separate shower and bath
• Huge semi-enclosed gabled patio for year-round entertaining
• Double garage with side access and additional trailer parking
• Split system reverse cycle air conditioning to bedrooms and the main living area
• Gas heating for cozy winters
• Handy storage shed for extra space
Financials:
* Annual Council Rates Approx.:$2300 (approx.)
* Annual Water Rates 2023/2024: $1,085.81
* Expected Weekly Rental Return After Lease End: $650
* Occupancy: Tenanted until 19 August 2025 @ $550 per week
* Sellers Preferred Settlement Terms: Flexible
**Please note photos are from before the start of the tenancy however the home does look at the same standard today including the lush grass but the small decking at the back corner has been replaced with pebbles and pavers. A video walkthrough has been obtained on 26/04/2025 and you are welcome to request a copy of this via WhatsApp 0401522584 directly.
This advertisement has been written to the best of our ability based upon the Sellers information provided to us. Whilst we use our best endeavours to ensure all information is correct, Buyers should make their own enquiries and investigations to conduct personal due diligence of the property.
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