Need enquire for this fully renovated townhouse. Currently leased at $235 per week on fixed term lease until February 2022, with an excellent tenant who does not want to move out.
Basic gross return of approx 5%, try to get that return with putting your money in a bank! Plus with the current and foreseeable future, a market with increasing property values (as well as rents).
Put your money into "bricks and mortar" with a secure rental income.
VIEWING IS ONLY BY APPOINTMENT.
This property at 149/81 King William Street, Bayswater is a two bedroom, one bathroom townhouse sold by Max Comben at Max Comben Group on 21 Jul 2021.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Bayswater or see other recently sold properties in Bayswater.
Bayswater is located on the northeastern side of the Swan River. It is approximately seven kilometres from the Perth CBD and close to Maylands, Morley and Embleton. Bayswater is part of the City of Bayswater municipality, which is colloquially known as the ‘Garden City’. The inner metro suburb, which has a total land area of 10 square kilometres, began its major suburban development in the late 1880s.
Bayswater offers its residents a classic suburban environment close to urban conveniences. The Bayswater Train Station is a major feature of the suburb, which makes commuting around the Perth metro area very easy for locals. There are also plenty of schools within the area, and it is close to parks and other desirable amenities. The Morley Galleria, which is a major Perth shopping centre, is just a short drive away.