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Superb Value - Invest or Live in!
There is unbelievable value, with this large two bedroom apartment in the very centre of the ever popular East Perth precinct, only 2.5km to the Perth CBD
Investors note that current market rents for similar apartment in this building are between $550 and $600 per week This apartment currently has a periodic tenant in place and comes fully furnished.
The apartment enjoys 70m of internal space with two 4m balconies and a large 21m car parking bay, with a total strata area of 99m.
It offers an open plan kitchen/dining/living area with reverse cycle air conditioning and both large bedrooms have built in robes with split system air conditioning.
The large bathroom has been designed to allow wheelchair access if required, meaning a larger range of tenants will be interested, if looking for rental investment.
The kitchen comes with stone benchtops with a breakfast bar and has ample cupboard space with the separate laundry adjacent to the kitchen.
The benefit of the extra wide 21m car bay means you have the luxury of parking for a larger sized vehicle as well as room for a motorbike if you like.
The sought-after location is walking distance to the popular Claisebrook Cove and the stunning riverside Victoria Gardens and a short walk along Matagarup bridge to Optus Stadium, with free Cat Bus into the city and close to the Claisebrook train station.
The school catchment zone will interest those looking to get into the Bob Hawke College and Highgate Primary School, and you are close to quality private institutions such as trinity College and Mercedes College.
Features Include:
- Carpeted living area and bedrooms
- Tiled kitchen with a range hood and hotplate
- Split-system air-conditioning
- Semi-ensuite bathroom
- Separate laundry
- Single under-cover car bay
- Secure access into the building
- Off-road parking bays for visitors, opposite the compl
Property features
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Garages
1
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Floor area
99m2
Property snapshot by reiwa.com
This property at 16/11 Regal Place, East Perth is a two bedroom, one bathroom apartment sold by Daniel Porcaro at Mark Hay Realty Group on 16 Jul 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: $1,314 / year
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Water rates: $1,560 / year
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Strata fees: $1,003 / 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
