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Invest in Your Future! Prime Portfolio Opportunity
Calling all astute investors! Prepare to supercharge your portfolio with this exceptional opportunity at 22/156 Lincoln Street, Highgate. Your path to wealth creation starts here.
Proven Rental Income: This property has a proven rental income stream. Tenanted till June 2024. Sit back and watch your investment grow.
Strategic Location: Highgate is a hotspot for renters, thanks to its proximity to the city, entertainment hubs, and essential amenities.
Low Maintenance: Say goodbye to unnecessary upkeep. This property is designed for hassle-free management, saving you time and money.
Strong Investment Potential: Highgate is a thriving suburb with a strong demand for rental properties. Expect solid returns and potential for capital growth.
Whether you're a seasoned investor or new to the game, this property is a smart addition to your portfolio. Highgate offers a welcoming neighborhood, ensuring tenant retention and long-term rental success.
What we love:
* Superstar location with it's proximity to the CBD
* Well maintained development with under cover parking and storeroom
* Modern kitchen
* Internal European style laundry
* Great size bedroom with built in robe
* Tenanted to June 2024
* Strong Yield at approx 6% with option for growth
* Ideal first time investment buy
* Allocated Parking
- Council Rates $1,653.27 p.a.
- Water Rates $1,031.55 p.a.
- Strata Admin $287.49 pq
- Strata Reserve $235.32 pq
- Total Area 66sqm
- Internal 44sqm
- Balcony 5sqm
- Carpark 13sqm
- Storeroom 4sqm
Unlock the door to financial prosperity with 22/156 Lincoln Street. This investment gem is poised to deliver steady returns.
Property features
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Air conditioned
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Carports
1
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Floor area
66m2
Property snapshot by reiwa.com
This property at 22/156-158 Lincoln Street, Highgate is a one bedroom, one bathroom apartment sold by Katie Lawley at LJ Hooker City Residential on 09 Feb 2024.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Highgate or see other recently sold properties in Highgate.
Cost breakdown
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Council rates: $1,653 / year
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Water rates: $1,031 / year
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Strata fees: $287 / quarter
Nearby schools
Highgate overview
Highgate is an inner-city suburb just two kilometres from Perth which boasts a charming mix of art deco influenced real estate and vibrant urban entertaining sectors. Home to many restaurants, Highgate is a popular destination for dining with plenty of social establishments within the suburb.
Life in Highgate
At the heart of Highgate is Beaufort Street. Loved for its array of distinct dining experiences, pubs, wine bars, shops and cafes, Beaufort Street is an urban playground for locals and visitors alike. The Flying Scotsman and Queens Tavern are two old school pubs that never fail to draw a crowd, while the Astor Theatre is a terrific venue for many acts that come through Perth. Sacred Heart Primary School and Highgate Primary School are the suburbs local schools.
Highgate quick stats
High end
$1.3m
Median
$1.1m
Low end
$905k
29.8 %
Annual growth
$1.1m
Annual median sales price
$597pw
Annual median rental price
