Sold
10/193 Hay St, East Perth WA 6004
Sold price: $284,000
Sold: 03 Dec 2021
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 97m2
Unit
View
GREAT GROSS RENTAL RETURN OR BUY TO OCCUPY
It will be up to you should you be an investor looking for an immediate return, or an owner occupier wanting little to do for ongoing maintenance. Then this one is the one for you!!!
Your inner city living, hotel-style accommodation is provided with full-time management of the apartment and facilities. An approximate 8.8% gross return on investment without you having to worry about finding a suitable tenant if you happen to be the astute investor.
Located on the first floor of the building is a perfect 2 bedroom, 1 bathroom fully equipped apartment for you to enjoy as an owner occupier or for tenants who require everything the city life offers them. The management group and their booking system is perfect for that person who is busy in their life and wants simplicity and ease of living with their investment.
Your new purchase features:
• All modern white goods as shown; a refrigerator, dishwasher, microwave, washing machine and clothes dryer
• Queen bed, 2 x single beds and side tables
• Dining suite and lounge suite (with sofa bed) and TV.
• Reverse cycle air conditioning to all rooms.
• Electrical appliances and utensils all included.
• All cleaning, including bed linen changeover is included within the management if renting out.
• A private balcony area provided, to relax and enjoy the scenery with a quiet drink.
The complex also provides its own parking bay, gymnasium and pool for the enjoyment of your tenants/ guests. A secure complex with an access card for security. You can also hop on the local CAT Bus which is at your doorstep to take you to the cafes, bars and restaurants in the city and inner city suburbs which are close by.
Your opportunity to get in as an investor on the ground floor at a relatively small price.
Property features
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Garages
1
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Toilets
1
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Floor area
84m2
Property snapshot by reiwa.com
This property at 10/193 Hay St, East Perth is a two bedroom, one bathroom unit sold by John Barndon at Sovereign Property Solutions on 03 Dec 2021.
Looking to buy a similar property in the area? View other two bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Strata fees: $1,751 / quarter
Nearby schools
East Perth overview
A tranquil waterside village, East Perth is situated less than two kilometres from the Perth city hub. Admired for its beautiful residential landscapes, the idyllic riverside suburb has long since set the benchmark for inner-city living. East Perth provides a bustling urban lifestyle against a picturesque backdrop.
Life in East Perth
There are eateries, sporting venues, pubs and evening venues all accessible within East Perth. The iconic Royal Street is home to some of the best brunch spots in Perth and there is The Royal on The Waterfront, a much loved pub, restaurant and cocktail bar. The WACA, the home of cricket in Western Australia, is also a feature of the suburb and hosts some of the biggest games in cricket every year. Other notable mentions include the Perth Mint, Claisebrook Cove and City Farm.
East Perth quick stats
High end
$2.3m
Median
$1.6m
Low end
$1.2m
18.6 %
Annual growth
$1.6m
Annual median sales price
$650pw
Annual median rental price
