Investment opportunity in rangeway, wa 6530 – 2 x renovated duplex units at 5 ilex place

6 bedroom

2 bathroom

8 garage

1220.00 m² Land area

The phone enquiry code for this property is – 5566

Are you seeking a smart investment with proven returns or looking to get your feet wet into the rental game whilst having a place to live at the same time? Look no further! Explore the potential of owning not one but two renovated duplex units at 5 Ilex Place, Rangeway, WA 6530.

Fresh Renovations: Both units have undergone recent renovations, including kitchens, bathrooms, and flooring, ensuring an appealing living experience for new families or tenants.

Spacious Back Yards: Enjoy the luxury of expansive backyards for both units, offering tenants a private and relaxing outdoor space either for setting up entertainment areas or exercise areas for your pets. Both properties fit zoning size requirements to be sub divided further to construct 2 units on each property (check with local council as regulations may of changed by the time of viewing/settlement).

Stable and reliable Tenants: Benefit from a lucrative investment opportunity in an area with a high demand for good tenants. Both tenants have a proven rental history and take extremely good care for both properties.

Option to purchase just one unit is available. Each side will be $230,000 each.

5A has had the cladding now finished and all building renovations have been completed.

Council Rates are about $1600 per year per side
Water rates are about $45 per Bi Month.