17/19 Joseph Street, Maylands WA 6051

RENOVATED FIRST FLOOR APARTMENT

**For buyers attending the home open, please make sure your GPS has taken you to 19 Joseph Street and not 36 Mount Prospect Crescent.**

This lovely first floor two bedroom apartment features a beautiful modern kitchen with gas cooking, remodeled to create an open plan living area. The floor coverings, window treatments and paint were also previously updated. Featuring it’s own separate internal laundry, toilet and bathroom, and a private balcony, this apartment could be a great rental property for an investor or an extremely affordable starter home for a first home buyer.

Mount Prospect Apartments (19 Joseph Street) is a low maintenance secure complex of 50 units with generally low strata fees, full perimeter fencing, an automatic gate to the carpark and keypad controlled pedestrian gates. It’s only 700m from Swan River parkland (Berringa Park), 700m from the nearest Coles Supermarket, 900m to the Maylands Café Strip and 1.2km walk from Maylands Train Station. It’s nice and secure and very central for those looking to enjoy the cafes, bars, restaurants and entertainment Maylands, Inglewood, Mount Lawley and Perth City have to offer.

Features at a Glance:
• 2 Bed 1 Bath 1 Balcony 1 Car Bay (non-allocated)
• 60m2 internally on strata plan + 3m2 balcony = 63m2 Total
• Central location close to shops/river/public transport. Around 350m to the nearest bus stop, around 700m to Swan River parkland reserve, 1km to Maylands Peninsula Public Golf Course, 1.2kms to Maylands Train Station & Café Strip and around 5kms to the City Centre.
• Complex built in 1970 but well maintained and apartment renovated internally
• Currently rented at $346.50 per week until 14/03/2024 (the market rental rate is now closer to $430/week for future reference on rental returns)
• Strata Admin Fee $550/qtr + Strata Reserve $55/qtr = $605/qtr
• Special Strata Levy (one off, two payments: $600 1/12/2023 & $600 1/3/2024)
• Council Rates: $1,657 p.a. Water Rates: $799 p.a.
• Please be aware this complex is likely to be connected to underground power in the next 12 months which will further improve the streetscape. The buyer will be liable to pay for this underground power. We believe City of Bayswater have quoted an underground power fee of $2,490 for this property, due by the 14/06/2024 (this is in addition to normal council rates and levies).