16A Lyall Street, Lamington, WA 6430

$555,000

House
Type
3
Bedrooms
2
Bathrooms
1
Parkings
498 m²
Area

Last updated on Tuesday, June 16, 2026 ( See property details for 16A Lyall Street, Lamington, WA 6430)

$555,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A low-maintenance, income-producing brick and iron home in a highly sought-after Lamington location, ideal for investors seeking reliable returns.

🏡 Property Highlights

  • Immediate income with a lease until September 2027
  • Low-maintenance brick and iron construction
  • Prime location close to schools, shops, and amenities
  • Strong tenant demand in a high-demand area
  • Potential for dual investment with neighbouring property
  • Secure investment with reliable tenants

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Internal Laundry
  • Garage / Secure Parking
  • Pet-Friendly
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Lamington is a well-established suburb renowned for its strong community feel and convenient access to essential amenities. It offers excellent schools, shopping centres, and recreational facilities, making it highly attractive for tenants and investors alike. The area boasts consistent demand for rental properties, ensuring reliable income streams. Its proximity to transport links and employment hubs further enhances its appeal. Lamington’s peaceful environment combined with its growth potential makes it a prime location for long-term property investment.

What is the current rental income and lease term for this property?
The property is currently leased at $720 per week with a lease in place until September 2027.
What makes this property a good investment opportunity?
This property offers immediate income, a low-maintenance design, a prime location close to amenities, and strong tenant demand, making it ideal for long-term investors.
Are there options to purchase the neighbouring property at 16B Lyall Street?
Yes, the neighbouring property at 16B Lyall Street is also available for purchase, offering flexibility for individual or dual investment.
What are the key features that support tenant comfort and security?
Features such as security screens, fly screens, and a secure garage contribute to tenant comfort and safety.
Is the property suitable for long-term tenants?
Yes, the property’s practical design and location make it highly appealing for long-term tenants.
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? What are the total ongoing costs, including strata fees, council rates, and maintenance? Are there any easements, covenants, or restrictions on the property? Has the property been inspected for structural issues or pests? Is the property located in a flood or bushfire-prone zone? Are there any planned construction projects nearby that could impact the property? What are the terms of the current lease, and are there any conditions that could change the rental income? Are there any outstanding compliance or building approvals required for the property? What is the history of the property's maintenance and repairs? Are there any strata or body corporate fees applicable if purchasing both properties?

16A Lyall Street, Lamington, WA 6430 - More Details

$555,000

Type
House
Bedrooms
3
Bathrooms
2
Parkings
1
Area
498 m²

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