10/57 King George Street, Victoria Park WA 6100

Light Filled Two-Bedroom Unit with High Rental Yield, Modern Features in Prime Location!

If you are looking for lifestyle and a comfortable home layout then look no further, this two-bedroom, one bathroom unit may be just what you are looking for. With plenty of interior space as well as a large balcony with views of the surrounding area, this home would be perfect for a couple, student, or small family. The Victoria Park strip is under a kilometre away meaning you can easily walk to shops, cafe's and restaurants - but staying at home is an easy choice to make as well as the air conditioning, modern internal features and spacious living area make it a cosy and cheerful place to stay. Currently rented out, this unit provides a steady income of $370 per week (rental yield 6.12%) and market rent of approximately $430 per week would provide a high estimated rental yield of 7.12%.

Property Highlights:
- 65 square metres total size
- Split system air conditioning to living area
- Balcony with views of surrounding area
- Allocated undercover parking space
- Secure complex with gate
- Built in robes to the bedrooms
- Strata levies approximately $620 per quarter

Investor Summary:
- This property is currently tenanted on a fixed-term basis for $370 per week until August 2023
- Market rent for 10/57 King George Street is approximately $430 per week
- Based on market rent and a purchase price of $x315,000 the estimated rental yield for this property is 7.12%
- HouseSmart Real Estate is highly active in Victoria Park and the surrounding areas, and can provide high-quality property management services throughout the course of the tenancy and beyond.

Set in a secure gated complex along King George Street, this apartment complex holds a prominent position in the street, with the Perth City skyline visible behind. Only 10 minutes away, the drive into Perth CBD is easily achieved here, and there is secure allocated undercover parking for when you arrive back home at the end of the day. Heading in to the complex, you will find this property on the ground floor with no stairs to climb.

To the interior of the home, the two bedrooms are both good size and feature built in robes for storage solutions. There is laminate wood-look flooring throughout which brings the rooms together in layout and in look. To the main bedroom, the built in robes are double-doored and there is also a sliding door access to outside. To the bathroom down the hall, you will find a shower and toilet as well as a laundry area.

The living area is quite spacious with room for a large lounge. There is built-in shelving near the entryway for bookshelves, extra storage or décor. A split-system air conditioner provides a nice breeze. The windows here face north to north-west towards the city, allowing plenty of natural light in to the home. Stepping out on to the balcony, you will find views over the surrounding area as well as towards the hills of Kings Park, and towards Crown Casino on the other side.

The kitchen has a nice outlook as well over from trees, the mid-morning sun providing a welcoming presence. There is plenty of bench space and cupboardry, as well as a built-in pantry, microwave shelving, and one-and-half stainless steel sink. An early cup of coffee in the morning, or a hearty Sunday lunch with the family - whatever you cook up in this kitchen is sure to be heart-felt and homely!

Walking distance from this location is the Victoria Park strip at 10 minutes (900m), Victoria Park Shopping Centre at 20 minutes (1.7km - Coles, Kmart and more), and Kensington Street High School at 15 minutes (1.0km). There is plenty of parks around the area including Hawthorne Park just down the road (240m). As for public transport, there is a bus stop less than 100m from the home which goes from Belmont Shopping Centre to Curtin University (Bus 248).

There is a lot to love about this home. Whether you utilise it as your own, or rent it out and allow someone else to create their dream home here, with quality features and attributes and an amazing location. Make sure you don't miss out!