3 & 3A Grantham Place

This R30 property with neat & tidy duplex pair represents an incredible opportunity to leverage the $950 a week rental income you would receive to support your cashflow & development plans! Situated in a quiet cul de sac in an ultra-convenient location, the level lot will accommodate a triplex (STCA).

Both duplexes have a longstanding tenancy history due to the property’s accessibility to everything a tenant (or your future buyers) could need or want, including close proximity to Perth Domestic Airport for FIFO workers and a short 3-min walk to the bus stop. Then, once you’ve redeveloped the site, you have multiple options – sell all, rent all, live in one, rent the others etc. etc. Imagine the capital gain potential!

Council Rates: $1,608.15 x 2 = $3,216.30pa Water Rates: $980.00 x 2 = $1,960.00pa

• —926m2 level, uniformly shaped, easy building block with 20.92m frontage and R30 zoning
• —Each brick & tile duplex has 2 beds, 1 bath, 1 carport and spans 71m2 under roof
• —Local traffic only to cul de sac, 180m to bus, 4-min drive to station (undergoing upgrade)
• —Metronet project (underway) promises to transform the area with improved connectivity & plans for new recreational paths & landscaped spaces
• —1.6km (3-min drive) to Archer Street showcasing cuisines from around the globe
• —1.7km (18-min walk) to South Metro TAFE; 2.1.km (5-min drive) to Aqualife Centre
• —3.2km (8-min drive) to Park Centre Shopping Complex & vibrant Vic Park café strip
• —2.8km (7-min drive) to Belmont Forum; 9km (15-min drive) to Perth CBD
• —8km (10-min drive) to Perth Domestic Airport (ideal for FIFO workers)
• —8.6km (12-min drive) to Perth International Airport
• —5.6km (10-min drive) to Crown Entertainment + Casino & Optus Stadium
• —2.3km (4-min drive) to Mineral Resources Park (home of the West Coast Eagles)