Sold
170/12 Wall Street, Maylands WA 6051
Sold price: $355,000
Sold: 07 Nov 2023
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 73m2
Unit
View
UNDER OFFER!
Prime Riverside Investment Property
Positioned within the tranquil surrounds of the Swan River, this distinctive riverside two-bedroom, one-bathroom unit promises to be an enticing prospect for astute investors.
Elevate your investment portfolio with the security of reliable returns with an established lease agreement already in place.
This exceedingly private unit encompasses two generously sized bedrooms, with the master featuring built-in robes. A contemporary kitchen offers Swan River views, while the spacious bathroom accommodates both a shower, bath, and integrated laundry. The open-plan lounge/living area is flooded with natural light, creating an inviting space with direct access to the private rear balcony providing captivating views and a picturesque backdrop for enjoying a morning coffee or unwinding with a glass of wine at day's end.
Features include:
• Picturesque riverside location
• Front and rear balconies offering private sweeping views of the Swan River
• Modern kitchen with stainless steel appliances and an abundance of storage
• Split-system reverse cycle air conditioning systems in the main living area and master bedroom
• Spacious open-plan living and dining
• Dedicated undercover parking with additional visitor parking
• 73 sqm of living space
• Well maintained complex, built in 1973
This unit presents a compelling investment proposition with its proximity to the river, parklands, cycle paths, public transport, university, cafes, golf course and the yacht club at your doorstep. A must-see for investors looking to secure a prime rental property with an incredible long-term tenant and fixed-term lease agreement in place.
Council rates approximately $1,630 pa
Water rates approximately $900 pa
Strata approximately $1,150 pq
Currently Leased until 12th July 2024
To learn more about this property or to register your interest, please call Alana Foley on 0477 319 004.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
Property features
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Garages
1
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Floor area
73m2
Property snapshot by reiwa.com
This property at 170/12 Wall Street, Maylands is a two bedroom, one bathroom unit sold by Alana Foley at Harcourts Initiative on 07 Nov 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Maylands or see other recently sold properties in Maylands.
Nearby schools
Maylands overview
Maylands is a riverside inner-city suburb approximately 4.5 kilometres northeast of Perth, serviced by the Midland railway line on the northern bank of the Swan River. In 1896 the name "Maylands" was first used to identify the area, appearing on a poster advertising a land auction. However the exact reason how the area got its name is something of a mystery.
The suburb was once a source of clay for brick and tile making at Maylands Brickworks, and the pits from these activities are now part of a golf course and residential area. It was home to Perth's main airport until the early 1960s, and the facilities were converted to a training area for the Western Australian Police Service.
Life in Maylands
Maylands is known as a cultural and creative hub as it is home to The West Australian Ballet Centre and home to the WA Youth Jazz Orchestra. In recent years, new bars, cafés and restaurants, along with gourmet food and retail outlets have all contributed to an ongoing transformation of the town centre into a lively, diverse and inclusive destination. There are numerous shopping centres in the area, 15 parks and reserves and two primary schools.
Maylands quick stats
High end
$990k
Median
$760k
Low end
$589k
6.5 %
Annual growth
$760k
Annual median sales price
$650pw
Annual median rental price
