48 Chapman Valley Road, Waggrakine, WA 6530

$625,000

House
Type
4
Bedrooms
1
Bathrooms
4
Parkings
910 mΒ²
Area

Published on Monday, September 14, 2026 ( See property details for 48 Chapman Valley Road, Waggrakine, WA 6530)

$625,000

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

A spacious four-bedroom family home on a large block in Waggrakine, featuring multiple living areas, a huge outdoor entertaining area, and a large powered shed, with tenants in place and excellent investment potential.

🏑 Property Highlights

  • Established 910m² block with a solid four-bedroom home
  • Multiple living areas and a huge enclosed outdoor entertaining space
  • Large powered shed with storage room and loft
  • Currently leased at $600 per week with tenants keen to stay
  • Approximate gross rental yield of 4.99% at $625,000
  • Reverse-cycle air conditioning and 3kW solar system

✨ Key Features

  • Built in robes
  • Outdoor Area
  • Garage / Secure Parking
  • Open-Plan Living
  • Water tank
  • Fully fenced
  • Solar Panels
  • Security Screens / Gates
  • Ceiling Fans
  • Water tank
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48 Chapman Valley Road
Waggrakine, WA 6530
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Vertical aerial view β€” 48 Chapman Valley Road
48 Chapman Valley Road — Vertical Aerial  •  Waggrakine, WA 6530  •  Nearmap © 2026

Waggrakine is a well-established suburb close to amenities such as Glenfield IGA and Sunset Beach, offering a relaxed coastal lifestyle. It features a strong community atmosphere, convenient access to Geraldton's CBD, and a variety of family-friendly parks and outdoor spaces. The area is ideal for long-term investment with its stable rental market and solid infrastructure.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with solid brick and tile construction, and features modern amenities such as reverse-cycle air conditioning and a 3kW solar system, indicating good condition and recent updates.
What are the current lease terms and is there potential for rental increase?
The property is leased at $600 per week until December, with tenants keen to remain, providing stable income and potential for future rental adjustments based on market conditions.
Are there any planning or zoning restrictions I should be aware of?
The property is situated in a well-established suburb with standard zoning; however, prospective buyers should verify local council regulations for any specific restrictions or future development plans.
What are the ongoing costs associated with the property?
Annual council rates are approximately $2,370, and water rates are around $1,496.08. Maintenance costs for the shed, solar system, and general upkeep should also be considered.
Is the property suitable for future expansion or renovation?
The large 910mΒ² block and existing structures provide potential for further development or renovation, subject to council approval.
Are there any easements, covenants, or zoning restrictions affecting the property? Has the property experienced any flooding or bushfire risks in the past? Are there any planned developments or construction projects nearby that could impact the property? What are the terms of the existing lease, and are there any conditions or restrictions? Are there any outstanding council or water rates, or other unpaid charges?

48 Chapman Valley Road, Waggrakine, WA 6530 - More Details

$625,000

Set on a generous 910mΒ² block, this solid four-bedroom home offers plenty of space inside and out, along with the added benefit of an established tenancy already in place.

The home features multiple living areas, a huge enclosed outdoor entertaining area, rear access and a large powered shed with additional storage and loft space. It's a practical, well-established property with all the ingredients that make for a solid long-term investment.

Currently leased at $600 per week until December, with the existing tenants keen to remain, the property offers an approximate gross rental yield of 4.99% at the $625,000 asking price.

Property highlights:

β€’ 4 bedrooms, 1 bathroom
β€’ Multiple living areas
β€’ 910mΒ² block
β€’ Double brick and tile construction
β€’ Reverse-cycle air conditioning
β€’ Huge enclosed outdoor entertaining area
β€’ Large powered shed with storage room and loft
β€’ Rear access
β€’ Double carport
β€’ Fully fenced and gated
β€’ 3kW solar system
β€’ Currently leased at $600pw until December
β€’ Existing tenants keen to remain
β€’ Approx. 4.99% gross rental yield at asking price

Located in established Waggrakine, close to Glenfield IGA, Sunset Beach and approximately 10 minutes from Geraldton's CBD.

Contact Team McKenzie at Professionals Geraldton today for further information or to arrange your inspection.

Council Rates approx. $2,370 p.a
Water Rates: $1,496.08 p.a

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate but may be subject to change without warning at any time, which is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the Agent and are expressly excluded from any contract.
Type
House
Bedrooms
4
Bathrooms
1
Parkings
4
Area
910 mΒ²

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