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2/85 Varden Street, Piccadilly, WA 6430 For Sale
2/85 Varden Street, Piccadilly, WA 6430 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Image 2/85 Varden Street, Piccadilly, WA 6430-Floorplan

2/85 Varden Street, Piccadilly, WA 6430

$420,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Tuesday, September 08, 2026 ( See property details for 2/85 Varden Street, Piccadilly, WA 6430)

$420,000

Open on Saturday 12 September 10:00 am | View All

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

A well-presented, fully furnished two-bedroom unit with an established tenant, offering a hassle-free investment opportunity in Piccadilly.

🏡 Property Highlights

  • Fully furnished two-bedroom unit with long-term tenant in place
  • Currently leased until February 2027 at $630 per week
  • Strong gross rental return of approximately 7.8%
  • Low-maintenance paved courtyard outdoor area
  • Equipped with evaporative cooling for year-round comfort
  • Well-sized bedrooms with mirrored built-in robes

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Evaporative Cooling
  • Electric Hot Water System
  • Electric Cooking
  • Paved Courtyard
  • Fully Furnished
  • Water Rates
  • Strata Levies
  • Council Rates

Piccadilly is a vibrant suburb offering excellent connectivity, a friendly community atmosphere, and convenient access to local amenities. It is ideal for investors seeking steady rental income and future growth potential. The area features well-maintained parks, shopping centres, and public transport options, making it a desirable location for tenants. With a strong rental market, Piccadilly presents a reliable opportunity for property investors. The suburb’s ongoing development and strategic position ensure long-term value appreciation.

What is the current rental income and lease term for this property?
The property is leased at $630 per week until February 2027, providing an immediate income stream for the new owner.
What are the ongoing costs associated with this property?
Annual costs include approximately $2,323.35 in council rates, $2,806.60 in strata levies, and $261.36 in water rates.
Is the property furnished and move-in ready?
Yes, the unit is fully furnished and ready for tenants or immediate occupancy.
What features contribute to the comfort of the property?
The property features evaporative cooling for year-round comfort and a low-maintenance paved courtyard outdoor area.
What is the potential for future capital growth in this area?
Piccadilly is a growing suburb with ongoing development and strong rental demand, offering promising potential for capital appreciation.
Are there any upcoming strata fee increases or special levies planned? Are there any restrictions or easements affecting the property? Has the property been recently renovated or inspected for structural issues? Are there any planned developments or zoning changes in the area that could impact value? Is the property compliant with all local building and safety regulations? Are there any known issues with the electrical or plumbing systems? What are the terms of the lease, and are there any conditions that could change? Is the property located in a flood or bushfire-prone area? Are there any ongoing disputes or issues with the strata corporation? What are the long-term plans for infrastructure or community development in the neighbourhood?

2/85 Varden Street, Piccadilly, WA 6430 - More Details

$420,000

If you're looking for a genuine set-and-forget investment, 2/85 Varden Street offers an excellent opportunity to secure a furnished two-bedroom unit with a strong existing rental return and a long-term tenant already in place.

Currently leased until February 2027 at $630 per week, allowing the new owner to enjoy an immediate income stream without the hassle of finding a tenant.

This Brick & Iron unit features two well-sized bedrooms, both complete with mirrored built-in robes, along with a practical bathroom incorporating the laundry.

Outside, a paved courtyard provides a low-maintenance outdoor area for your tenants to relax. Equipped with evaporative cooling, providing comfort for the occupants year-round.

Property Features:

• 2 bedrooms, both with built-in robes
• Approx. Block Size:120 m2
• 1 bathroom with combined laundry
• Fully furnished
• Evaporative cooling
• Electric hot water system
• Electric cooking
• Paved courtyard
• Leased at $630 per week until February 2027
• Approx. 7.8% gross rental return
• Council rates: approx. $2,323.35 p/a
• Strata levies: approx. $2,806.60 p/a
• Water rates: approx. $261.36 p/a

Whether you're a seasoned investor or looking to add a straightforward property to your portfolio, 2/85 Varden Street is well worth considering.

For more information or to organise a viewing please call Taylor Nancarrow Martin on 0447 466 244 or [email protected]
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

Inspections times

  • Inspection Sat 12 Sep 10:00 am

    Saturday 12 September
    10:00 am - 10:30 pm
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