At this address is a house located in 1/S069628 Morley WA. Data from comparable sales value it at about $575,000. Built in 1975, it has 8 bedrooms, 3 bathrooms.
Ideal for Multi Family, Investment or Great Home! If you have a Brady Bunch and need a home to house them, we have it here, or alternatively, this is your opportunity to secure this HUGE 2 storey home in Morley.You can cash in on the perfect setup as this cash cow has a passive "Rental by the Room" business with over 4 years of proven operation. With a total market rent above $1,500 per week this is a serious Passive Cash Flow Opportunity!A house that can produce these kind of returns are very rare in the Perth metro area, making this is a unique investment opportunity for a savvy investor or a couple to perhaps live in part of the house while collecting rent from the rest.You could also move into the downstairs, having your own separate dwelling, while continuing to rent the upstairs for $900+ per week.For last 2 years this property has been consistently rented out by the room with high occupancy, producing a reliable cash flow.Tenants have typically stayed for a year or more and its been easy to find replacements using Gumtree.The residents in this beautiful street all love how handy the location is to Galleria Shopping Centre, Transport, Edith Cowan University, Airport and CBD.Council rates: $ 2,159.88Water rates: $1,333.66