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Blue Chip Whole Complex
Located in rapidly growing Inglewood just off Beaufort Street this unique opportunity offers the forward-thinking property investor, superfund, developer or savvy property improver. Own your entire block of 8x2-bedroom units on 1012 sqm of prime land in one of Perth’s most favoured suburbs.
The entire complex of 2-bedroom apartments are currently yielding an income in excess of $240,000p/annum. Meticulously and lovingly maintained by the long-term owners, all apartments come fully furnished to a very high standard. All have an average size of 60sqm with one apartment featuring an enormous courtyard area along with French doors. All apartments have car parking whilst some apartments offer undercover parking. The complex is fully secured, and all units feature air conditioning.
Finding entire blocks of un-strata apartments is exceptionally difficult and this offers families, developers, and investors with a keen eye for the future a truly rare opportunity. Available by “Expression of Intertest” closing June 1st (if not sold prior). The ability to create strong cash flow with the added ability to be able to strata title in the future are rare finds in todays market.
Contact Mark about this rare opportunity today.
Property features
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Floor area
60m2
Property snapshot by reiwa.com
This property at 144 Central Avenue, Inglewood is a two bedroom, one bathroom unit sold by Mark Hay at Mark Hay Realty Group on 24 May 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Inglewood or see other recently sold properties in Inglewood.
Cost breakdown
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Council rates: $8,682 / year
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Water rates: $7,090 / year
Nearby schools
Inglewood overview
Inglewood is an inner-northern suburb of Perth with a rich history and heritage. Present-day Inglewood is influenced by the charm of its past. Established in 1831, the bulk of Inglewood's landscape stems from its two distinct growth periods, 1904 to 1920 and 1935 to 1940, with renovation and restoration returning the pre-war vintage homes to their former glory.
Life in Inglewood
The lifestyle in Inglewood is one of charm and convenience. Its beautifully old-fashioned suburban landscape is unique, yet its proximity to major urban inner-city hubs ensures modern conveniences and requirements are met. Inglewood's main commercial area is located on Beaufort Street and features retail facilities, cafes, a library, recreation centre and amenities. There is also an aquatic centre, golf course, facilities for tennis and soccer, a major park and a local primary school within the area.
Inglewood quick stats
High end
$1.4m
Median
$1.2m
Low end
$970k
21.9 %
Annual growth
$1.2m
Annual median sales price
$800pw
Annual median rental price
