45 Thorley Way, Lockridge, WA, 6054, Australia

Enjoy this opportunity filled three-bedroom, one-bathroom home built in 1977 and ready for you today. The brick and tile home fills an internal floorspace of 98 square metres (plus the rear sleepout), inside a comfortable block size of 686 square metres which is zoned R20/35 - meaning that subdivision may be possible, subject to council approval. This is a well positioned home in Lockridge, close by to popular parks and ovals, schools, shops and public transport. There are plenty of features to love here inside the property, including a great brick and tile construction, single car lockup garage, drive through side access, split cycle air conditioning, a combustion wood heater, ceiling fans throughout, built in robes, a massive rear sleepout and spacious grass backyard. The home is currently vacant - immediately ready for you to enjoy or equally for you to lease out, with a market rent of approximately $420 per week.

Property Highlights Include:
- Three-bedroom, one-bathroom home built originally in 1977
- Total block size of 686 square metres
- Internal floorspace of 98 square metres (plus the rear sleepout)
- Drive through side access
- Single car lockup garage
- Split system air conditioner to living area
- Gas cooking in kitchen
- Spacious full sized block, zoned R20/35 - may be potential for subdivision
- Vacant and ready from settlement day!

Investor Summary:
- This house is currently vacant, and ready for immediate leasing
- Market rent for 45 Thorley Way is approximately $420 per week.
- Using a purchase price of $389,000 results in a gross annual rental yield of 5.63%.
- The block is 686 square metres, zoned R20/35 resulting in promising subdivision potential into two lots, pending relevant approvals.
- HouseSmart is highly active in Lockridge and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.

The home presents well, with a classic brick and tile construction and the house itself set back from the road. Large windows funnel natural light into the home, and there's a concrete driveway with plenty of parking spaces. You also have the option of parking inside the roller door lockup single car garage, or opening the side gate and driving through to the backyard.

Stepping inside the property, there are three excellent bedrooms to enjoy, all with carpet, built in robes and ceiling fans. The main bedroom is a good size and enjoys a wide window that overlooks your backyard. Throughout the kitchen, bathroom, dining and hallway spaces there is a brilliantly retro tile feature. Choose to keep this lovely legacy, or replace with your own. The kitchen is built around a U-shaped benchtop with enough space for meal preparation and storage both under-bench, and wall mounted. The gas freestanding oven is not brand new but having the gas connection is a solid feature itself!

The dining space is connected straight to the kitchen with powerpoints, a ceiling fan and a large window that looks over the front yard towards the street. The living space is separate - a nice touch - with vibrant blue carpet flooring, a split cycle air conditioner and also a wood combustion heater. The living space also enjoys a glass sliding door connecting straight to the rear sleepout and backyard areas, and massive windows with a street front aspect. A prime feature of this home is the windows - which are placed thoughtfully to draw natural light and warmth (when needed) into the property - a great example of this is the window adjacent the front door which spreads light through to the passageway, tickling both the living and dining/kitchen areas!

The rear sleepout is a massive size and is perfect for converting to a new master bedroom and ensuite, a rear hobby space or powered workshop, or even a massive living area for entertaining!

Not only does this property have great features but it is also located in a central location close to shops, schools, parks and more. It has easy access on to Roe Highway and close connection to Tonkin Highway to both the southern and northern suburbs. Perth CBD is a quick 20-something minutes away, and Perth Airport even less.

If you have a dog or children to take out, this house not only has a secure and spacious yard for them at home, but is also has parks just a short walk away including Grimrey Oval at 500m, and Woolgar Park (with Lockridge Community Centre) only 450m. Nearby schools include Lockridge Primary School (900m), West Beechboro Primary School (3.4km), and Kiara College (2.3km). As for shops, Beechboro Deli is only 800m away, perfect for stocking up on essentials, and for larger shops Altone Park Shopping Centre is only 1.6km with Woolworths, ALDI, McDonald's, and lots more cafe's, food outlets, pharmacy's and more.

If you're looking for a reliable home to lease out as an investment, or a home to move in and immediately enjoy, or a promising renovation project, or anything else - this home may just be for you! Don't miss out - contact our team today.