17 Altus Way, Ashby WA – 6065

$520,000

  • 3
  • 2
  • 2
  • 246m²
  • House

Welcome to 17 Altus Way. This 3 bed, 2 bathroom, 2 garage house is located in Ashby, part of the City of Wanneroo.
The City of Wanneroo is one of Western Australia’s largest and fastest growing local government areas. Perfectly located, 30 minutes from the Perth CBD and only 10 minutes from the beach. The City of Wanneroo covers 685 square kilometers and is home to more than 216,000 people across 36 different suburbs and it continues to grow. With 32kms of coastline and 53% of its area classed as a regional reserve, the area has plenty to offer locals and tourists.

It is currently tenanted and collecting $380 rent per week, however with the existing tenants vacating in December, market value suggests this property will be leased out at $550 per week from then.

With continued expansion and growth within Perth, LGA’s like Wanneroo and suburbs such as Ashby, continue to be hot beds for profits for property investors with impressive growth and increasing rental yields. This house is a great addition to any property investors portfolio!

Secure this property today, with BuyCloud.

Overview

  • $938.63/m

  • 10.61%

  • 5.50%

  • 0.16%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area167.10 m²
Contract typeSingle
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$360/m
Rental Income*$2383/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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