Lot S61 Freeling Way, Ravenswood WA
Ravenswood, WA, 6208$ 898,050
Overview
Property ID: LA-8518
- House and Land
- Property Type
- 3+1
- Bedrooms
- 1+1
- Bathrooms
- 1+1
- Cars
- 182
Details
Updated on Nov 08, 2024 at 07:16 pm
Property Type: | House and Land |
---|---|
Price: | $ 898,050 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 1,000 |
Gross Per Annum: | $ 52,000 |
Gross Yield: | 5.79% |
Capital Growth 12 Months: | 29.59% |
Capital Growth 10 Year Annualised: | 3.81% |
Vacancy Rate: | 1.23% |
Property Size: | 182 m2 |
Land Area: | 422 m2 |
---|---|
Bedrooms: | 3+1 |
Bathrooms: | 1+1 |
Parking: | 1+1 |
Title Status: | April 2025 |
Property ID: | 8518 |
SKU: | 1017 |
Description
This dual key property in Ravenswood offers two separate living spaces under one roof, ideal for maximizing rental yield. Featuring contemporary inclusions, it's designed for investors looking for a high-yield property within the peaceful suburb of Ravenswood, WA.
Suburb profile:
Ravenswood is a tranquil suburb along the picturesque Murray River in Western Australia's Peel region. Located about 15 minutes from Mandurah and an hour's drive from Perth, Ravenswood is a favored location for those seeking a semi-rural lifestyle with easy access to urban amenities. The area is known for its scenic river views and spacious properties, making it attractive for families, retirees, and nature enthusiasts.
Preliminary Inclusions:
- Full working drawings and addenda for local authority submissions
- Builder’s indemnity insurance
- Site contour survey
- Structural site report and Engineer certified working drawings
- Council-approved energy efficiency report
- Shire building permit fees and Water Corporation fees
Internal Inclusions:
- Double brick construction, R4 insulation to ceiling, plasterboard ceiling, white set hard wall plaster
- Kitchen with 20mm stone benchtops, 900mm stainless steel gas hotplate, canopy rangehood, dishwasher recess with plumbing and electrical provisions
- Ensuite and bathroom with frameless mirrors, feature vanity basins, semi-frameless pivot shower doors, and 2000mm high shower tiling
- Dual Key features additional kitchenette, laundry, and bathroom
External Inclusions:
- COLORBOND® steel roof, custom Orb steel guttering, fascia and downpipes
- Flyscreens on windows and doors, keyed vent locks to windows, translucent glazing on entry door
Landscaping Inclusions:
- Paving to driveway, crossover, porch, and alfresco
Electrical Inclusions:
- Single phase power, RCD earth leakage safety circuits, double power points throughout, LED downlights, TV, data, and phone points
Appliance Inclusions:
- 900mm Artusi stainless steel gas hotplate and canopy rangehood
Upgraded Inclusions:
- Separate 5KW air conditioning, additional outdoor garden tap, washing line, colorbond gate, and dual key submeter setup for gas, water, and electricity
Energy Efficiency:
- High-efficiency instantaneous gas hot water system, energy-efficient exhaust fans in wet areas
Warranties:
- 6 Months defects liability period, lifetime structural guarantee
This dual-key property in Ravenswood provides an attractive investment option with strong rental yield potential. It offers modern amenities, a tranquil setting, and close proximity to Mandurah and Perth, combining lifestyle appeal with income-generating capacity.
Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximize their returns.
These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.
This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.
The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.