Sold
12E/811 Hay Street, Perth WA 6000
Listed price: Under Offer by KPR PERTH
Sold: 15 Nov 2024
Sold
-
1 Bedroom
-
1 Bathroom
Unit
View
Prime Investment Opportunity
This fully furnished, one-bedroom apartment on the 12th floor of the Paragon Building is an ideal investment for those seeking reliable returns and long-term growth potential.
Why This Investment Stands Out
Central CBD Location with Strong Tenant Appeal
- Prime Location: Located in the heart of Perth’s CBD, with the free CAT bus service and easy access to train and bus stations.
- Proximity to Business Hubs: Walking distance to major mining, oil, and gas company headquarters, drawing demand from industry professionals.
- Lifestyle & Convenience: Surrounded by essential amenities—Coles, Woolworths, specialty shops, cinemas, cafes, restaurants, and food courts—making it highly appealing for urban tenants.
Apartment Highlights
- Area: 41 m² internal, 45 m² total
- Lease: Leased at $450 per week until February 2025, ensuring stable income.
- Elevated Views: Situated on the 12th floor, ideal for tenants desiring high-floor city living.
Strong Growth Potential
With the new Edith Cowan University (ECU) campus under construction just two blocks away, this area is set to benefit from increased rental demand and property value growth.
Turnkey Investment with Prime Location – Don’t Miss Out!
Click ‘Get in Touch’ or ‘Email Agent’ for floor plan and strata information.
Virtual furniture and fittings for illustration purposes only.
Property Code: 1645
Property snapshot by reiwa.com
This property at 12E/811 Hay Street, Perth is a one bedroom, one bathroom unit sold by Walter Iustini at Key Performance Real Estate on 15 Nov 2024.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Perth or see other recently sold properties in Perth.
Nearby schools
Perth overview
Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.
Life in Perth
With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.
Perth quick stats
High end
$1.4m
Median
$1.2m
Low end
$970k
28.3 %
Annual growth
$1.2m
Annual median sales price
$750pw
Annual median rental price
