Address on Application

Address on Application

Wellard
Under Offer

FULLY LEASED INVESTMENT PROPERTY

4
2

Low to Mid $800,000's

Description

Positioned in a quiet and established pocket of Wellard, this modern four (4) bedroom, two (2) bathroom residence presents an outstanding opportunity for investors seeking immediate income with long a term tenant.

Constructed circa 2016 and set on a generous 448sqm block, the home offers functional open plan living, practical design and low maintenance appeal. The home has recently been painted throughout with new carpets to be installed in the coming weeks. Most importantly, the property is being sold with a quality long sitting tenant in place paying $750 per week, secured under lease until December 2026. This provides investors with strong holding income from day one and peace of mind with a fixed term tenancy already in place.

PROPERTY FEATURES
– Generous 447sqm block
– Four (4) bedrooms, all with built in robes
– Master suite complete with private ensuite and walk in robe
– Two (2) well-appointed bathrooms
– Open plan kitchen, living and dining area
– Functional kitchen with ample bench space and storage
– Separate laundry with external access
– Undercover alfresco area
– Double lock up garage with internal access
– Freshly painted throughout
– New carpets throughout (to be installed)

Located within the highly sought after Wellard community, this property offers excellent connectivity and convenience for tenants and future owners alike. Positioned approximately 1.5km from Wellard Train Station and The Village at Wellard Shopping Centre, and around 900m to Wellard Primary School, the home provides easy access to everyday amenities. The Kwinana Freeway is only a short drive away, allowing seamless travel to Perth CBD or Mandurah, while nearby parklands, schools and shopping facilities continue to support strong tenant demand and long-term area growth. Wellard remains one of the southern corridor’s most consistent performing rental markets.

Opportunities offering this level of certainty are increasingly difficult to secure. With a modern build, low maintenance design and a fixed term tenancy in place until December 2026 returning $750 per week, this property delivers immediate cash flow and medium-term security. Whether you are expanding your portfolio or entering the market with a proven performer, this is a strategic acquisition in a high demand location.

For further information, or to arrange a private inspection, please contact George Edinger at anytime.

Disclaimer: This property is being sold subject to the existing tenancy agreement. All information provided has been prepared for marketing purposes only. Buyers are advised to conduct their own independent enquiries prior to making an offer.

Property INFORMATION

Street Address:
Address on Application
Suburb:
Wellard
Type:
Residential
Under Offer
Residential Sale (THIS HAS BEEN HIDDEN)
Price:
Low to Mid $800,000's
State:
WA
Town Village (THIS HAS BEEN HIDDEN)
Wellard
Southern Suburbs (THIS HAS BEEN HIDDEN)
Property Type:
House
(THIS HAS BEEN HIDDEN)
Land Size:
448sqm
202 m2 (THIS HAS BEEN HIDDEN)
Building Size:
186sqm
196 m2 (THIS HAS BEEN HIDDEN)