47 Abelia Street

Rangeway WA 6530

Whether you're looking to expand your investment portfolio or secure an affordable property with plenty of space and potential, 47 Abelia Street, Rangeway is well worth your attention.Positioned on a generous 814m2 block, this three-bedroom, one-bathroom home offers comfortable living, excellent outdoor space and the added benefit of an established tenancy already generating $440 per week.Inside, the home features a spacious separate lounge, functional kitchen and dining area, and vinyl flooring throughout most of the property. Ducted reverse-cycle air conditioning provides year-round comfort, while the replacement Colorbond roof is another welcome feature of this established home.Outside, the substantial backyard offers plenty of room to move, while a concrete driveway extends from the front of the property through to the rear, providing gated off-street parking and convenient access to the two sheds. With an impressive 814m2 of land, there's plenty of space for vehicles, trailers, storage or simply enjoying the outdoors.Conveniently located within easy reach of local schools, shopping facilities and public transport, the property offers everyday practicality at an affordable price point.Property Features:- Three bedrooms and one bathroom- Spacious separate lounge room- Functional kitchen and dining area- Ducted reverse-cycle air conditioning- Vinyl flooring throughout most of the home- Replacement Colorbond roof (approximately 8-10 years old)- Generous 814m2 block- Concrete driveway with gated access to the rear- Large double garage/shed plus additional garden shed- Established tenancy returning $440 per week- Fixed-term lease in place until March 2027- Gross rental yield of approximately 5.73% at the asking priceWith a tenant already in place, buyers can enjoy rental income from settlement without the immediate hassle of finding a tenant. For those considering the property as a future home, vacant possession may also be possible with a longer settlement, subject to the existing tenancy arrangements.Offered at $399,000, this is an opportunity to secure an affordable investment on a substantial block with an established rental return.Contact Team McKenzie today for further information or to arrange your inspection.Council Rates approx. $2,280.00 p.aWater Rates: $296.90 p.a Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate but may be subject to change without warning at any time, which is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the Agent and are expressly excluded from any contract.