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Lifestyle Investment
Investors, seize this incredible chance to own a sensational 2-bedroom, 1-bathroom apartment in the coveted Kingstone On Hay building.
This property offers the perfect blend of convenience and great yeilds, making it an ideal addition to your investment portfolio.
Property Highlights:
Prime Location -
Just a short stroll to the heart of the CBD and a leisurely walk to the picturesque banks of the Swan River.
Bright and Spacious -
Positioned on the corner of the building, this apartment features only one common wall, with north-facing windows flooding the living area with natural light.
Excellent Lease -
Currently leased to a great tenant until February 2025 at $650 per week, offering outstanding investment returns and excellent yields.
Features You'll Love:
* 73m² of open-plan living space
* Stylish vinyl plank timber-look floors
* Air conditioning for year-round comfort
* Secure car bay and store room
* Corner unit with only one common wall
* Northern aspect ensuring ample natural light
* Access to pool, spa, sauna, and gym facilities
* Ground-floor café
Investment Benefits:
High Yield -
Leased at $650 per week until February 2025, ensuring a steady and attractive income stream.
Desirable Location -
Proximity to the CBD and Swan River increases rental demand and property value.
The Kingstone On Hay building enhances the appeal with lifestyle facilities, including a pool, spa, sauna, gym, and a convenient on-site café. This secure, well-maintained property promises not only a sound investment but also a sought-after lifestyle for tenants.
Discover this exceptional investment opportunity today and enjoy the benefits of a high-yield, low-maintenance property in a prime inner-city location!
Council Rates: $1,510 p/y (approx)
Water Rates: $1,154 p/y (approx)
Strata Fees: $1,221 p/q (approx)
Property features
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Garages
1
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Floor area
73m2
Property snapshot by reiwa.com
This property at 15/273 Hay Street, East Perth is a two bedroom, one bathroom apartment sold by Rob Stefanovski at Limnios Property Group on 06 Aug 2024.
Looking to buy a similar property in the area? View other two bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Council rates: $1,510 / year
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Water rates: $1,154 / year
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Strata fees: $919 / 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
18.6 %
Annual growth
$1.6m
Annual median sales price
$650pw
Annual median rental price
