Investors are you looking for an investment property where you have to do NOTHING and the rent rolls in?

Alternatively, are you a first homebuyer that would like to have the tenant build up your deposit for a few more months while you get ready to move in?

For both investors and first homebuyers, 5/2 Towton Way Langford is a near-new townhouse that has good tenants on a long-term lease, all in a great location in a high capital growth suburb.

The details of this property are as follows:

Constructed in 2009 by Danmar Homes.
Ground floor townhouse of brick and tile construction.
Total built area of 109m2 being 81m2 main living, 9m2 alfresco area, 15m2 for your individual under-cover car bay, and 4m2 for your external store room.
There are fourteen townhouses in the security-gated complex just the right size – not too big that you are lost in the crowd, and not too small that the strata body lacks critical mass.
Alfresco with gas bayonet and double powerpoint for outdoor entertaining while watching the world go by on leafy Langford Avenue plus hill glimpses.
Large open-plan kitchen/meals/living area.
Kitchen has Nobel gas hotplates, electric under-bench oven, rangehood, and substantial cupboards and bench space.
Unlimited hot-water from the Rinnai V1500 gas instantaneous hot-water system.
Split-system reverse-cycle Teco air conditioning.
Double-door built-in-robes to all bedrooms.
Separate laundry with trough and full-height linen cupboard.
Separate toilet.

Investors will note the following features:
Tenanted to long-term tenants at $300 per week on a lease expiring 12/3/2012.
High levels available of both depreciation on fixtures and fittings and special building write off.
Langford is a top performer in capital growth statistics, for example RP Data for September 2011 showed annual growth of 15.4% over the previous ten years.
Council rates $1072 per year.
Water rates $543 per year.
Strata levies $245 per quarter.

The location is fantastic with a quiet street, great neighbourhood and fully-featured suburb. The best features of 5/2 Towton Way’s location are as follows:

- Bus route around the corner on Langford Avenue.
- 300 metre walk to the Langford Village Shopping Centre.
- 3 minute drive to Thornlie train station.
- Easy road access to Roe, Leach and Tonkin Highways.

View the property at the scheduled home open as listed in this profile, or to arrange a private viewing contact real estate agent Adam Bettison on mobile 0409 929 128 or at the HouseSmart office on 08 9378 2555.

HouseSmart Real Estate is the largest property manager in Langford because we love property management! Vacancy rates are low, rents are moving upward and the average lease time from key handover is two weeks. We open your vacant rental property twice a week every week until it is leased (no-one else does that!). If you want a good property manager, call into our office and say hello or check out www.housesmart.com.au .