3/69 Stead Rd, Centennial Park is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 186m2 and floor size of 133m2.This Property is currently listed for sale with Merrifield Real Estate
Modern, low-maintenance and ideally positioned just minutes from Albany's CBD, this stylish
townhouse presents an outstanding opportunity for investors seeking strong returns and long-term security.
Set within a solid, well-maintained strata complex in ever-popular Centennial Park, the two-storey home combines generous proportions with smart contemporary design and excellent convenience to shops, schools, sporting facilities and the city centre.
Currently leased at $800 per week until August 2027, it offers immediate income and peace of mind for buyers wanting a quality investment in a sought-after location.
Inside, the home reveals a welcoming ambience enhanced by lofty ceilings, neutral dcor and plenty of natural light.
The ground floor centres around an open-plan living and dining area with attractive flooring and a practical layout for everyday comfort. The adjoining kitchen is well-appointed with ample cabinetry, gas cooking, breakfast bar seating and excellent workspace, making it equally functional for tenants and owner-occupiers alike.
Also downstairs is one of the two bedrooms, serviced by a semi-ensuite bathroom, while upstairs is dedicated to a spacious second bedroom suite complete with walk-in robe, private ensuite and an additional activity or living space overlooking the void below.
The clever floorplan provides flexibility for couples, professionals, sharers or tenants wanting separation between living and sleeping zones. The upper activity area could easily serve as a study nook, sitting room or work-from-home space.
Outside, the property offers easy-care paved areas and secure parking within the complex, reinforcing the lock-and-leave appeal.
Modern townhouses close to the CBD continue to attract strong tenant demand, and with an excellent lease already in place, this property stands out as a ready-made investment with lifestyle appeal and solid returns.
Please note that if the proposed budget and levy schedule are approved at the upcoming AGM on 20/05/26, strata levies will be approximately $2,300 per year, including building insurance and annual gutter cleaning.
What you need to know:
Contemporary two-storey townhouse
Located in solid strata complex
Close to Albany CBD, shops and amenities
Excellent investment opportunity
Currently rented at $800 per week until August 2027
Open-plan living and dining area
Modern kitchen with breakfast bar and gas cooking
Ground-floor bedroom with semi-ensuite
Upstairs master with walk-in robe and ensuite
Additional upstairs activity/living space
High ceilings and good natural light
Easy-care outdoor areas
Double car accommodation
Ideal lock-and-leave lifestyle or investment
The size of Centennial Park is approximately 2.0 square kilometres. There is 1 park, covering nearly 28.0% of the total area. The population of Centennial Park in 2016 was 641 people. By 2021 the population was 689 showing a population growth of 7.5% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Centennial Park work in a community and personal service occupation.In 2021, 51.20% of the homes in Centennial Park were owner-occupied compared with 53.80% in 2016.
Centennial Park has 848 properties. Over the last 5 years, Houses in Centennial Park have seen a 110.47% increase in median value, while Units have seen a 140.74% increase. As at 30 June 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.