Reiwa Reiwa
10/35 Morfitt Street, Mandurah WA 6210

10/35 Morfitt Street, Mandurah WA 6210

Sold price: $320,000
Sold
Sold: 19 Dec 2023

2 Bedrooms

1 Bathroom

Landsize 93m2

Unit

Contact the agent

Brody Harris

Emma Pinington

Acton | Belle Property Mandurah


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

Cost breakdown

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

Nearby schools

North Mandurah Primary School Primary Government 0.9km
Mandurah Primary School Primary Government 1.2km
Assumption Catholic Primary School Primary Non-government 1.7km
Greenfields Primary School Primary Government 1.8km
John Tonkin College Education Support Centre Secondary Specialist 1.9km
John Tonkin College Secondary Government 1.9km
Dudley Park Primary School Primary Government 2.0km
Frederick Irwin Anglican School Combined Non-government 2.2km
Foundation Christian College Combined Non-government 2.5km
Coodanup College Secondary Government 2.8km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4766954