3/69 Stead Road

Modern, low-maintenance and ideally positioned just minutes from Albany's CBD, this stylish townhouse presents an outstanding opportunity for investors seeking strong returns and long-term security. Set within a solid, well-maintained strata complex in ever-popular Centennial Park, the two-storey home combines generous proportions with smart contemporary design and excellent convenience to shops, schools, sporting facilities and the city centre. Currently leased at $800 per week until August 2027, it offers immediate income and peace of mind for buyers wanting a quality investment in a sought-after location. Inside, the home reveals a welcoming ambience enhanced by lofty ceilings, neutral décor and plenty of natural light. The ground floor centres around an open-plan living and dining area with attractive flooring and a practical layout for everyday comfort. The adjoining kitchen is well-appointed with ample cabinetry, gas cooking, breakfast bar seating and excellent workspace, making it equally functional for tenants and owner-occupiers alike. Also downstairs is one of the two bedrooms, serviced by a semi-ensuite bathroom, while upstairs is dedicated to a spacious second bedroom suite complete with walk-in robe, private ensuite and an additional activity or living space overlooking the void below. The clever floorplan provides flexibility for couples, professionals, sharers or tenants wanting separation between living and sleeping zones. The upper activity area could easily serve as a study nook, sitting room or work-from-home space. Outside, the property offers easy-care paved areas and secure parking within the complex, reinforcing the lock-and-leave appeal. Modern townhouses close to the CBD continue to attract strong tenant demand, and with an excellent lease already in place, this property stands out as a ready-made investment with lifestyle appeal and solid returns. Please note that if the proposed budget and levy schedule are approved at the upcoming AGM on 20/05/26, strata levies will be approximately $2,300 per year, including building insurance and annual gutter cleaning. What you need to know: Contemporary two-storey townhouse Located in solid strata complex Close to Albany CBD, shops and amenities Excellent investment opportunity Currently rented at $800 per week until August 2027 Open-plan living and dining area Modern kitchen with breakfast bar and gas cooking Ground-floor bedroom with semi-ensuite Upstairs master with walk-in robe and ensuite Additional upstairs activity/living space High ceilings and good natural light Easy-care outdoor areas Double car accommodation Ideal lock-and-leave lifestyle or investment