201/18 Rheola Street, West Perth WA 6005
Offers
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2 Bedrooms
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2 Bathrooms
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1 Car
Unit
View
Investment Opportunity: "Quest on Rheola"
Don't miss out on this fantastic opportunity for astute investors. This second-floor apartment boasts two bedrooms, two bathrooms, and a prime location on the West Perth-Subiaco border. Built-in 2005, 18 Rheola Street has a proven track record as top-quality, well-situated short-stay accommodation. Managed by Quest, the property offers a steady income and a strong "Gross Return".
Current Lease Term: 01/08/2020 – 31/07/2025 (with options)
Current Rental Return: $27,825.36 per annum
Please note that the apartment is zoned for short-term rentals (3 months or less).
Additional Costs:
- Strata Fees: $5721.80 per annum
- Council Rates: $1377.40 per annum
- Water Rates: $655.37 per annum
Take advantage of this opportunity and contact Stacie today to discuss further.
Property features
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Air conditioned
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Carports
1
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Floor area
80m2
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Balcony
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RCDs/smoke alarms
Property snapshot by reiwa.com
This property at 201/18 Rheola Street, West Perth is a two bedroom, two bathroom unit listed for sale by Stacie Bekle at ASB Realty.
For more information about West Perth, including sales data, facts, growth rates, nearby transport and nearby shops, please view our West Perth profile page.
If you would like to get in touch with Stacie Bekle regarding 201/18 Rheola Street, West Perth, please call 0402 766 643 or contact the agent via email.
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West Perth overview
A short stroll in the westerly direction of Perth City sits West Perth. Home to the much loved and iconic Kings Park, this affluent suburb comprises elegant, modern apartment complexes and impressive office towers.
Life in West Perth
Bask in the view of Perth's stunning landscape from the beautiful Kings Park, or grab a friend and take on the athletic challenge of conquering the 242 stairs at Jacob's Ladder. The City West Train Station makes travelling around Perth easy, while Harbour Town provides factory outlet shopping to suit retail needs.
There are numerous cafes and eateries within West Perth to explore, as well as beautiful leafy streets to make morning walks with the dog that much more enjoyable. Other features of note include Scitech and Parliament House.
West Perth quick stats
High end
$1.5m
Median
$1.3m
Low end
$1.2m
38.9 %
Annual growth
$1.3m
Annual median sales price
$625pw
Annual median rental price
