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10/35 Morfitt Street, Mandurah WA 6210

Sold price: $320,000 Sold: 19 Dec 2023
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • Landsize 93m2
Unit
10/35 Morfitt Street, Mandurah WA 6210

Sold by Team Harris - Acton | Belle Property

Modern convenience & style

Brody & Emma from Team Harris proudly welcome this contemporary low-maintenance apartment to the market.
Ideally located in the heart of town, merely minutes from the beach, Foreshore cafe strip, Forum shopping complex, train station, schools, entertainment and every other convenience - this near new inner-city property presents a savvy investment opportunity, earning a high rental yield.

Constructed in 2018 and situated on the upper level of a small six-apartment complex that is privately set back from the street. The modern design invites an abundance of natural light, creating a fresh and open atmosphere. Its contemporary fit-out, neutral decor, and emphasis on easy-care, low-maintenance living, ensures this property is well-suited to a range of buyers, including FIFO owners, first-time homebuyers, couples, and investors with a tenant already in place.

Adding to its investment appeal, this apartment comes with a fixed lease in place until 15/10/2024, returning an income of $380 per week and maintaining a healthy yield of 6.5%.
Don't miss this opportunity to own a stylish and convenient apartment in a perfectly central location.

Distinctive features:
• Level 1 position with private stair access
• Set back from the road in a private complex of 6
• Very minimal strata fees, incorporating building insurance, water usage, gardening & pest control
• 2 bedroom, 1 bathroom configuration
• 1 car bay + convenient 5m2 external store room
• Open plan design flooded with natural light
• Functional kitchen with stylish stone benchtops, stainless appliances, gas cooktop & dishwasher recess
• Expansive balcony, ideal for indoor/outdoor entertaining
• Built in robes to bedrooms + European-style laundry
• Reverse cycle air conditioning to living ensures year-round comfort
• Timber-look vinyl flooring adds a touch of warmth
• Ideal lock-and-leave option with the absence of external maintenance
• Central location with train station, shops, restaurants/bars/cafes, beach & schools all within close proximity
• High rental yield of 6.5% returning $380 per week, with a fixed lease in place until 15/10/2024

Approximate outgoings:
• Strata Levies: $300 per quarter (apply from 01/01/2024)
• Council Rates: $1,900 per annum
• Water Rates: $1,229 per annum

INFORMATION DISCLAIMER:
This information is presented for the purpose of promoting and marketing this property. While we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property.

Property features

  • Floor area 53m2

Property snapshot by reiwa.com

This property at 10/35 Morfitt Street, Mandurah is a two bedroom, one bathroom unit sold by Brody Harris and Emma Pinington at Acton | Belle Property Mandurah on 19 Dec 2023.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Mandurah or see other recently sold properties in Mandurah.

Cost breakdown

  • Council rates: $1,900 / year
  • Water rates: $1,229 / year
  • Strata fees: $300 / quarter

Nearby schools

0.9km
1.2km
Mandurah Primary School
  • Primary
  • Government
1.7km
Assumption Catholic Primary School
  • Primary
  • Non-government
Disclaimer

Mandurah overview

A vibrant mixed-residential and commercial suburb, Mandurah is the heart of the Peel district. Once a small fishing village, Mandurah has evolved into a thriving regional city and a popular destination for tourists. Situated along Western Australia's coastline, Mandurah has firmly established itself as a first class 'sea change' destination with an array of property developments that include everything from family homes, to modern apartments in new estates and luxurious mansions with canal views.

Life in Mandurah

An alluring mix of inner-city panache and classic suburban culture define the Mandurah lifestyle. As a result of the 'sea change' phenomenon which transformed the suburb, Mandurah is now home to a major shopping centre, quality restaurants, charming retail outlets, a bustling foreshore and a pulsating boardwalk. Throughout the year, Mandurah hosts several popular annual events such as the Crab Festival in mid-March and the Mandurah Boat Show in mid-October. Other notable features include the Mandurah Train Station, which provides a fast transport option into and out of the Perth CBD, and local schools, Mandurah Primary School, Mandurah Baptist College, Mandurah Catholic College and Frederick Irwin Anglican School.

Mandurah quick stats

High end $510k
Median $450k
Low end $395k
26.8 %
Annual growth
$450k
Annual median sales price
$500pw
Annual median rental price

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FAQ's

The average number of selling days in Mandurah is 6 days.

10/35 Morfitt Street, Mandurah sold on 19/12/2023 for $320,000.
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