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Over 6% pa Gross Return
Located in the leafy Mount Lawley Avenues this location ticks the boxes for future tenants, making it just as favorable to investors.
- Currently leased on a fixed term tenancy at $370 per week expiring 15 September 2023.
- Ground floor position means there are no stairs to navigate.
- A huge car park for the building provides plenty of bays to all residents, and also features a number undercover car bays.
- Internal laundry.
- Walking distance to both Mount Lawley and Maylands Train Stations, as well as the Beaufort Street bus stop.
Floor Area 59 sqm
Strata Admin Levies $375.00 per qtr; Strata Reserve Fund Levy $250 per qtr; Council Rates $1,398.18pa; Water Rates $902.28pa.
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 11/25 Fourth Avenue, Mount Lawley is a two bedroom, one bathroom apartment sold by Craig Boyanich and Mark Rayner at Rayner Real Estate on 23 Jun 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Mount Lawley or see other recently sold properties in Mount Lawley.
Nearby schools
Mount Lawley overview
Beautifully renovated homes populate the charming suburb of Mount Lawley. Leafy backdrops and picturesque landscapes offer a unique ambience, while a fast-paced, exciting main strip leaves no question as to whether Mount Lawley is an energetic urban locale. The suburb is situated five kilometres north of the Perth CBD.
Life in Mount Lawley
With Beaufort Street a fixture of the suburb, there is plenty to do in Mount Lawley. A must-see destination for locals and visitors alike, the vibrant street is loved for its surplus of restaurants, pubs, wine bars, shops and cafes. Highlights include The Flying Scotsman and Queens Tavern, which never fail to draw a crowd, and the Astor Theatre, which hosts a number of must-see acts that come through Perth. Other features include the Mount Lawley Golf Club, Mount Lawley Senior High School and Edith Cowan University.
Mount Lawley quick stats
High end
$1.9m
Median
$1.6m
Low end
$1.3m
24.0 %
Annual growth
$1.6m
Annual median sales price
$850pw
Annual median rental price
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