15 Lefroy Street MANDURAH WA 6210
Expressions of Interest

DESCRIPTION

15 Lefroy Street, Mandurah. WA 6210

The current weekly rent combined is $1,640.00 per week, with potential increased rent of $2,220.00 per week in the current rental market.

Current yield @$1,640.00/wk rent for the 5 units = 5,6% (TBC).
Potential future yield @2,200.00/wk rent for the 5 units = 7.6%

An investment opportunity that is too good to pass by! A once in a lifetime investment opportunity ideal for the super-fund investors, family trusts, associated ownership, the opportunity to sell down the five separate titles give enormous benefits and flexibility to minimize capital gains tax and future planning tax.

Perfectly situated in the heart of Mandurah, the opportunity to purchase 5 strata titled properties.

The complex has a mixture of single storey dwellings that consist of 3 modern built 2006 units all featuring 3 Bedrooms x 2 Bathrooms, garage and storage, the next on offer is a roomy 1950's built renovated 3 Bedroom x 1 Bathroom with an oversized garage and store area, and the final unit on offer is a renovated 1968 2 bedroom x 1 Bathroom x 2 Carport with secure roller door, all units have private courtyards, plenty of parking, all wheelchair friendly the opportunity exists for the NDIS scheme.

Location, location proximity to the Mandurah Foreshore, Mandurah Forum, Train Station, Silver Sands Beach, medical and schools.

Mandurah is on a population surge over the next 10 years the growth predication is over 22%, with low vacancy rates at 1%, high rent returns and high demand for rental stock, now is the time to invest.

Future opportunities with the current City of Mandurah zoning permits high density unit developments and on this size land, purchaser needs to make own due diligence enquires to City of Mandurah Building Department.

This is a sound investment, timing could not be better in this strong rental market, don't wait call today and be the first to secure this opportunity.

Features include and not limited too:
- All units have air conditioning
- All units have private courtyards, parking, and storage
- All units have wheelchair access
- 3 x modern 2006 built units
- 2 x renovated units
- Council rates $6,990.00 for 5 units
- Water Rates $4,654.46 for 5 units
- All units are currently tenanted on periodic leases