Sold
18/55 Elizabeth Street, South Perth WA 6151
Sold price: $430,000
Sold: 25 Jul 2024
Sold
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2 Bedrooms
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1 Bathroom
Unit
View
Affordable South Perth Apartment
"Offers from $425,000"
This is a great buying opportunity to secure this fabulous 2-bedroom, 1-bathroom apartment located in this highly sought-after tree lined street of South Perth amongst quality homes.
This easy maintenance 1st floor apartment with open plan kitchen/dining/living area is currently leased at $420 per week until 12th February 2025 and this property certainly has the potential of receiving in the vicinity of $550 per week rental income on a new tenancy.
Each apartment at the Elizabeth Gardens complex has an allocated carport and the use of the below ground swimming pool.
The owner has recently installed a new hot water system, and an electric oven & hotplate to the kitchen.
Enjoy easy freeway access to the CBD and being conveniently located to Wesley & Penrhos College, nearby public transport and within proximity to walk or cycle to local shopping, restaurant's, cafes', medical and the stunning Swan River foreshore to relax or exercise by the water's edge.
NB: This apartment is available for viewing by appointment only.
Council Rates: $1,749 per annum (approx.)
Water Rates: $911 per annum (approx.)
Strata Admin: $670 per quarter.
Strata Reserve: $100 per quarter.
Contact Greg Penn TODAY for further information:
P: 0418914473
E: [email protected]
Property features
Property snapshot by reiwa.com
This property at 18/55 Elizabeth Street, South Perth is a two bedroom, one bathroom unit sold by Greg Penn at Edison McGrath on 25 Jul 2024.
Looking to buy a similar property in the area? View other two bedroom properties for sale in South Perth or see other recently sold properties in South Perth.
Cost breakdown
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Council rates: $1,816 / year
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Water rates: $910 / year
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Strata fees: $670 / quarter
Nearby schools
South Perth overview
Envied for its beautiful riverside positioning, South Perth's affluent lifestyle provides breathtaking views from numerous vantage points within its five square kilometre land area. The established suburb has a commercial area within its boundaries, as well as significant parkland sections along the foreshore.
Life in South Perth
South Perth is rife with places to visit as well as restaurants, reserves and gardens, with perhaps its most notable feature being the Perth Zoo. Among its numerous dining establishments, Coco's on the foreshore is the most exclusive and takes full advantage of the gorgeous surrounding river views. The Windsor Hotel, Bar & Restaurant is a popular fixture of the suburb as is the Royal Perth Golf Club.
South Perth quick stats
High end
$2.6m
Median
$1.8m
Low end
$1.4m
-4.6 %
Annual growth
$1.8m
Annual median sales price
$800pw
Annual median rental price
