1/23 Knowsley Street
Derby, WA 6728

Situated within an exclusive complex comprising only six residences, this elegant 2-bedroom, 2-bathroom unit at 1/23 Knowsley Street West offers a remarkable investment opportunity for those seeking reliable returns and long-term stability. The property is positioned on a substantial 283 square meter allotment, blending generous space with low-maintenance living, ideal for contemporary tenants.

The design emphasizes both functionality and comfort, featuring two spacious bedrooms and two well-equipped bathrooms. The open-plan living and dining areas are bathed in natural light, creating a welcoming and seamless flow throughout the home. The kitchen is thoughtfully designed to provide ample storage and work surfaces, catering to everyday needs efficiently.

Outside, a private outdoor area offers an inviting space for relaxation or entertaining guests, enhancing the lifestyle appeal of the residence. The complex itself is quiet and well-maintained, ensuring privacy and convenience for residents.

From an investment perspective, the property is leased at a strong rental rate of $915 per week, with a secure tenancy agreement in place until 18 April 2027. This arrangement guarantees immediate rental income and peace of mind for investors. The combination of robust returns, a dependable long-term tenant, and a sought-after location makes this unit a rare and valuable asset in a tightly held market.

Additional features include a building size of 88 square meters and parking provisions comprising one carport space plus two off-street parking spaces, accommodating multiple vehicles comfortably. This property represents a compelling proposition for investors aiming to secure a high-performing asset with minimal management requirements.