11 Pappinbarra Road
Lakelands, WA 6180

Overview

11 Pappinbarra Road, Lakelands

Positioned in the rapidly developing suburb of Lakelands, 11 Pappinbarra Road offers an exceptional opportunity for investors seeking a property with strong rental returns and minimal maintenance requirements. This dual-residence property is ideally situated near scenic parklands, essential local amenities, and is just a short drive from Mandurah CBD, providing both lifestyle benefits and promising long-term capital growth.

Commuting is made convenient with easy access to the Mandurah Train Station, enhancing the property's appeal to tenants and future residents. The property is held on a single title and comprises two residences, offering flexibility and attractive rental income potential:

• 11 Pappinbarra Road: A well-designed 3-bedroom, 2-bathroom home featuring a double remote garage.
• 11A Pappinbarra Road: A comfortable 2-bedroom, 1-bathroom dwelling with a carport.

The main residence at number 11 is thoughtfully designed for both comfort and functionality. It includes three spacious bedrooms, each equipped with built-in robes. The master bedroom boasts a walk-in robe and a private ensuite, while a second bright bathroom serves the other bedrooms.

The heart of the home is the modern kitchen, which features stone benchtops and stainless steel appliances. Its layout overlooks the open-plan living and dining areas, creating an ideal space for daily living and entertaining guests.

Outdoor living is catered for with an alfresco area, perfect for year-round entertaining. The property's low-maintenance design ensures ease of upkeep, making it suitable for busy lifestyles.

Additional features of the main residence include ducted air conditioning throughout, contemporary finishes with neutral décor, a separate laundry, and a double remote garage.

This property operates as a dual-living setup with shared utilities, where the owners are responsible for 60% of water, gas, and electricity usage, with the remaining 40% allocated to the adjoining residence. Both residences are currently tenanted, providing immediate rental income streams: 11A is leased at $480 per week, and 11 is leased at $565 per week.

This setup offers a solid, set-and-forget investment opportunity in a high-demand location, delivering dual income streams and strong rental appeal.

Disclaimer: The information provided is for general purposes and is based on details supplied by the seller. It may be subject to change, and no warranty or representation is made regarding its accuracy. Interested parties should conduct their own independent enquiries.

Location