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Under offer. 6 Offers Received
In uninhabitable condition, this ground floor apartment needs completely gutting and complete renovation from scratch.
Strip Bare and Start from Scratch. Nothing here can be saved, cleaned or repaired. It's back to bare bones. Walls, floors, ceilings, tiles – all need removal and replacement. Put your sledgehammer through the kitchen and bathroom and replace everything with a beautiful clean refurbishment throughout.
You will then have a light and bright ground floor 1 bedroom apartment with patio and covered car port in a very neat and tidy well maintained and apartment complex in popular Wembley.
This unit gives the buyer an opportunity to unlock capital gains by renovating and creating a first home, re-selling in this buoyant market or reap rewards from strong rental returns as an investment.
Offered under instructions from the Executor, Airey Real Estate as agent, invite buyers to submit a written offer to purchase the property using the Standard REIWA Offer & Acceptance contract prepared and supplied by the agent by no later than 11am Monday MAY 24th 2021. The buyer must complete the Offer document with name and address of the buying entity, the price offered and bank details to support payment of the minimum deposit of $10,000 which will become due if the buyer’s offer is accepted.
Contact Campbell Airey 0468 499 599
Disclaimer:
The details shown are for information only and may contain errors or omissions. Please check all details and measurements and do not rely solely on the information contained herein.
Property features
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Carports
1
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Floor area
42m2
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Gas HWS
Property snapshot by reiwa.com
This property at 2/216 Cambridge Street, Wembley is a one bedroom, one bathroom apartment sold by David Airey at Airey Real Estate on 24 May 2021.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Wembley or see other recently sold properties in Wembley.
Cost breakdown
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Council rates: $1,250 / year
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Water rates: $940 / year
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Strata fees: $500 / quarter
Nearby schools
Wembley overview
Wembley is a large western-suburb of Perth. Established in 1831, Wembley's key population growth occurred between 1910 and 1930, and again in the post-war years. More recently, Wembley has experienced gradual increases since the mid-1990s as new homes have been added to the suburb.
Life in Wembley
Numerous recreational facilities and clubs add great lifestyle appeal to the suburb, with squash, t-ball, tennis, netball, football, athletics, baseball, lacrosse and hockey all catered for. Lake Monger is a much loved feature, providing lovely walk ways and beautiful scenery to those who visit, while The Wembley Hotel is a popular pub that never fails to draw a crowd. Cambridge Street is the suburbs most urban fixture, with numerous pubs and restaurants lining the street. There are three local schools in Wembley.
Wembley quick stats
High end
$2.0m
Median
$1.7m
Low end
$1.3m
19.6 %
Annual growth
$1.7m
Annual median sales price
$850pw
Annual median rental price
