5/16 Gwenyfred Road

Kensington WA 6151

DECEASED ESTATE - MUST BE SOLDIntroducing 5/16 Gwenyfred Rd, , available exclusively through Lee Smith & Bourkes Property. This is your opportunity in a market saturated with renovated properties to acquire a home in original condition that's ripe for improvement. The home, while needing some TLC, presents you with a rare chance to acquire a property under market value. This lock & leave, ground floor, two-bed unit in a boutique group offers its new owner a fantastic entry level opportunity in Kensington. Conveniently located near the Swan River, Kensington Primary School, bus routes, a stone's throw from South Perth & Victoria Park's Hospitality precinct, this one will not last!Whether starting up, slowing down, seeking a Perth base, or investing for the future, this one makes perfect dollars and sense!Other features include:- Currently vacant with the possibility of early possession prior to settlement- Rental potential of up to $650/wk (once renovated)- Video tour available on file for interstate buyers- Own internal laundry area with rear access- Separate toilet- Covered car bay, with additional street parking available- Large master bedroom with built in robe- Reverse cycle air-conditioning to Living/Dining area- In demand central location making it the perfect investmentThe location: - 400m walk to Swan River- 1.5 km walk to Victoria Park Cafe and Restaurant strip- 5-minute drive to Crown Entertainment Complex- 6-minute drive to Perth CBD- 15-minute drive to Perth AirportProperties at this price point in Kensington are at a record high demand, so don't miss out on this exceptional opportunity.To organise a private inspection contact Lee Smith at Bourkes Property today on 0447 843 345 or lee@bourkes.com.auCity of South Perth | $1,778 p/aWater Corporation | $943 p/aStrata | $655 p/qtr (admin & reserve)