34 Kerwin Way, Lockridge - Property Tour

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Spacious Opportunity Filled Home with Sleepout, Shed & Pool Area on Massive R20/50 692m2 Land Size!
34 KERWIN WAY, LOCKRIDGE
Welcome to this sprawling home, set over approx. 136 square meters built size with a large dining/activity room, sleepout, modern-style kitchen, and three bedrooms posing space for the whole family. With amazing indoor features such as floorboards, built in robes, and air conditioning, there is lots to love about the interior of this home. To the exterior, you have a huge amount of land to explore - including a garden area, shed, and an area for a pool. Positioned close to schools and shops, and across the road from a park, there is great lifestyle options here to enjoy. Will you move in, or continuing renting out the property for an incredible investment opportunity? Whatever you decide to do, just make sure not to miss out!
Property Highlights:
- Three-bedroom, one-bathroom property
- Approx. 692 square meters land size
- Approx. 136 square meters built size
- R20/50 Zoning, development potential
- Built year 1971
- Living area to front
- Seperate dining/activity room
- Seperate study/sleepout
- Multiple air conditioners
- Wooden floorboards
- Built in robes
- Garden shed
- Carport area
Investor Summary:
- This property is currently tenanted on a fixed term lease for $380 per week, until October 2024
- There is a scheduled rent increase to $420 per week from July 2024
- Market rent for 34 Kerwin Way is approximately $525 per week
- Based on a purchase price of $540,000 and market rent, the estimated rental yield for this property is 5.07%
- HouseSmart Real Estate is highly active in Lockridge and the surrounding areas - with an office in the nearby suburb Beechboro! - and can provide high-quality property management services from settlement and beyond.