Sold
11/40 Wellington Street, East Perth WA 6004
Sold price: $427,500
Sold: 26 Apr 2022
Sold
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3 Bedrooms
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2 Bathrooms
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2 Cars
Apartment
View
ATTENTION INVESTORS- PRICE DROP TO $455,000-THIS IS A TRUE BARGAIN
Well presented apartment with long term tenants paying $500 per week. The rent could be increased to $550 based on the current rental market prices. ( Please still make your own research if you are interested as an investor).
Enjoy inner city living, all the amenities are on offer from this city based apartment. Cafes & restaurants on Hay Street, relaxation in Langley Park, Queens Garden, public transport at the front door. Ettington building comprises 38 units, three levels with lift and secure parking.
Attractive central location, you are only a short stroll to city landmarks like The Perth Mint, WACA Ground or the Royal Perth Hospital. Just jump on and off the public transport at the front of the building and you will get to the CBD in minutes. The new playground at Wellington Square is just a walk away, hours of fun to be had if you have kids!
The property is currently leased for $500 per week. The tenants are happy to stay indefinitely but if you prefer to have it as your own residence, the property can be vacated by settlement.
Features include:
- Well maintained and presented home
- Fully renovated 10 years ago
- Ensuite to master bedroom
- All 3 bedrooms are well sized and 2 of them include built in robes.
- New hot water system. The entire apartment was painted 4 months ago.
- Spacious living area, balcony looks out to East Perth
- 2 side-by-side car space
- Luscious gardens
Water rates: $1488 per annum
Council rates: $1,555.70 per annum
Strata levies: $4,380 per annum ($748 of it goes into the Reserve Fund every year).
Property features
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Carports
2
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Floor area
128m2
Property snapshot by reiwa.com
This property at 11/40 Wellington Street, East Perth is a three bedroom, two bathroom apartment sold by Monika Jakli at Colleen Gandini Residential on 26 Apr 2022.
Looking to buy a similar property in the area? View other three bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Council rates: $1,555 / year
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Water rates: $1,488 / year
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Strata fees: $4,606 / 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
16.8 %
Annual growth
$1.6m
Annual median sales price
$650pw
Annual median rental price