The same owners are clearing their investment portfolio which has opened the door for one or possibly two very savvy investors.
The Location
Positioned perfectly with views to the city, the complex is just 350m to West Leederville Station, 700m to Leederville Train Station, 1km to Oxford Strip, 2km to Rokeby Strip, 8km to City Beach, 1.5km to the city and all the freeway entries and the trendy cafes and bars of West Leederville and the Subiaco East Precinct are right on your doorstep. A more convenient location with the lifestyle to match is certainly hard to find.
The Property
Built in 1968, this small complex of just 20 apartments is spread over five floors with lift access with huge carparking area all located on a massive 2114 sqm block with awesome redevelopment potential in the future.
The Units
Refurbished and spacious 50 sqm one bedroom units with leafy balcony views to the city skyline
Unit 32 - From $199,000
This one is available with vacant possession, so it is suitable for First Homebuyers or a great opportunity for investors to make some improvements to meet the under supplied current rental market.
Unit 42 - Under Offer
Suitable for First Homebuyers as the tenant is moving out at end of the current lease or a great opportunity for investors to increase their return to meet the current rental market. Current lease runs until 30 July 2023 for $245 per week
In Summary
A rare and unique opportunity to own two investment properties in the same complex on the fringe of the city or you could secure just one.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
This property at 190 Railway Parade, West Leederville is a one bedroom, one bathroom unit sold by Matt Johnstone-Summers at Liquid Property on 09 Mar 2023.
Looking to buy a similar property in the area? View other one bedroom properties for sale in West Leederville or see other recently sold properties in West Leederville.
West Leederville is an established suburb within the municipality of the Town of Cambridge. Located four kilometres from Perth, it spans two square kilometres and is bound by the Mitchell Freeway in the north and east, the railway line in the south and Lake Monger in the west.
With Leederville, Subiaco and Perth City all close by, West Leederville straddles the balance of suburban living in an urban environment to great effect. Establishments of note include the West Leederville Shopping Centre, which exists primarily to service the grocery needs of local residents, the West Leederville Community Garden and the West Leederville Railway Station. West Leederville Primary School is the suburbs local school, with numerous others nearby.