Brilliant Investment Opportunity!

Century 21 River Residential is proud to present this well-maintained villa located in a leafy street in the increasingly-popular Belmont, which would be ideal for a savvy investor! <br/><br/>Situated on a decent 272 m2, this 83m2 villa was built in 1990. It has three bedrooms, one bathroom and two car spaces and is in a quiet block of four, with two being owner occupied. <br/>The property has had a full roof restoration in 2020, as well as new gutters and downpipes installed. The front of the property has recently been painted, and the deck re-varnished. <br/><br/>The property offers reverse cycle air conditioning in the main living area as well as the main bedroom, which has a walk in robe and very modern semi-ensuite. The main bedroom also has a sliding door leading out to the very private, low maintenance backyard with timber decking and covered outdoor entertaining area. A large storeroom is tucked away in the backyard, and a garden shed is discreetly located at the side of the property, on timber decking, and side access to the carport. <br/><br/>The light, bright kitchen overlooks the spacious dining area, which also leads out to the backyard, and the laundry also has direct access. The two minor bedrooms both have built in robes, and large windows, allowing plenty of light in. <br/><br/>Additional Features: <br/>* Separate lounge area<br/>* Modern downlights throughout<br/>* Gas stovetop<br/>* Reverse cycle air conditioning<br/>* Alarm system<br/>* Instant gas hot water<br/>* Garden shed<br/>* Low maintenance gardens<br/><br/>It currently has an excellent long term tenant, paying $375.00 per week. The lease ends 27/10/2023, where it can be increased to market rate (around $450 to $500 at the moment - that is an amazing rental yield of over 6%), or if you would like to live in it, the tenant will be given notice to vacate. <br/><br/>The property is located in a convenient and sought-after area, very close to public transport and local amenities. Enjoy the benefits of living in a vibrant and diverse community, with easy access to shops, schools, and parks. <br/><br/>Belmont is one of the last affordable suburbs so close to the city. The Swan River and Ascot Racecourse are both a short drive away - around 5 minutes. The Belmont Forum, Library, Belmont Leisure Centre, Faulkner Park Volcano Playground, Bunnings, the Police Station and Reading Cinemas are only 3 or 4 blocks away - you could literally walk there. Belmont Community College - 0.39km; Cloverdale Primary School - 0.39km. <br/><br/>Strata Levies: TBC<br/>Water rates: $1000.44 pa<br/>Strata Levies: TBC<br/><br/>Call now to organise a private viewing or find out when the next home open will be!<br/><br/>Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.