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204/25 Malata Crescent, Success WA 6164

Sold price: $262,000 Sold: 28 Apr 2023
Sold
  • 1 Bedroom
  • 1 Bathroom
  • 1 Car
Apartment
204/25 Malata Crescent, Success WA 6164

PRICE REDUCED; OWNER MUST SELL!!

PRICE REDUCTION!! All Offers Over $255,000 Considered

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Alyssa Bay is excited to present this great modern property at 204/25. Whether you’re looking to invest or call the property home yourself, this property ticks all the boxes.

Located within one of the secure, high-rise buildings within the Stella Apartments complex, the property allows the resident a lifestyle of convenience.

Upon entry, you will find a spacious open kitchen, living, and dining area. The kitchen is sleek with modern finishes, and boasts plentiful storage space. The living area features comfortable carpets and plenty of space for an 8-seater dining table and lounge suite.

On your way to the living room, you will find the spacious Queen-sized bedroom with an ensuite. The ensuite is also comfortably sized, with room for a dishwasher/dryer, as well as cupboard storage options.

Extending from the living area, you will find a large balcony overlooking the complex, with a view out to Cockburn Gateways shopping centre next door.

Beyond the apartment, you will also have access to the apartments’ facilities including the below-ground swimming pool, gym, rec, and barbeque facilities that are part of the Stella Apartments. You will be within close walking distance of Cockburn Gateways Shopping Centre (with a path that leads directly to the centre from the apartment complex), bus stops, gyms, restaurants, freeway access and Government Departments such as the DoT. The property is supremely convenient – you couldn’t beat it!

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SPECIFICALLY FOR INVESTORS, if you are an INVESTOR and are
a. Wanting thousands of dollars of tax-free income;
b. Looking to expand your property portfolio; or
c. Searching for investments to add to your SMSF –

LOOK NO FURTHER.

Don’t miss out on this unique opportunity to secure yourself an investment property on the National Rental Affordability Scheme (NRAS).

Under the NRAS, investors market their property at a 20% discount off the assessed market value. The incentive? Thousands of dollars of tax-free income from the government.

The NRAS was introduced in 2008 for eligible properties, offering the owners annual incentives for a period of 10 years. The last new properties added to the NRAS were circa 2016, meaning

a. There are NO NEW properties being added under this Scheme;
b. It is a limited opportunity;
c. You, the new owners, could be eligible to get another two years of government incentives with this property as it was purchased in 2014.

It is currently tenanted, and the tenant is hoping to continue the lease.

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FEATURES:
- Large living area with plush carpets
- Split system air conditioning
- Modern kitchen with plentiful cupboard space
- Queen-sized Master bedroom with ensuite
- Store room on same floor as apartment
- One car bay in secure undercover car park
- Access to the swimming pool, gym, and rec facilities at the Stella Apartments

LOCATION:
- Within close walking distance to Cockburn Gateways Shopping Centre
- Easy access to bus stops and Cockburn Train Station
- A myriad of restaurants and eateries to choose from
- Community resources including Cockburn library within close walking distance
- Government Departments such as Department of Transport nearby
- Gyms on Beeliar Drive
- Schools including Emmanuel Catholic College and Success Primary School
- Coogee Beach within approx. 20 minutes’ drive
- Easy access to Kwinana Freeway

How does it get better than this?

Email Alyssa Bay for more information on the property or to arrange an inspection.

Property features

  • Carports 1

Property snapshot by reiwa.com

This property at 204/25 Malata Crescent, Success is a one bedroom, one bathroom apartment sold by Alyssa Bay at PRD Real Estate Perth on 28 Apr 2023.

Looking to buy a similar property in the area? View other one bedroom properties for sale in Success or see other recently sold properties in Success.

Nearby schools

0.9km
Atwell Primary School
  • Primary
  • Government
1.2km
Atwell College
  • Secondary
  • Government
1.3km
Jandakot Primary School
  • Primary
  • Government
Disclaimer

Success overview

The suburb of Success is named after the ship commanded by Captain James Stirling when he visited and explored the Swan River in 1827. The name was approved for the suburb in 1973, although the boundaries have since been changed. In 1968 the PMG discussed the naming of the area with the Cockburn Shire Council who suggested "Omeo", apparently after a ship that went ashore at Coogee around the turn of the century. Investigation showed that this name was duplicated in Victoria and eventually, the name Success was proposed.

Success quick stats

High end $868k
Median $793k
Low end $672k
24.0 %
Annual growth
$793k
Annual median sales price
$715pw
Annual median rental price

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FAQ's

204/25 Malata Crescent, Success sold on 28/4/2023 for $262,000.

The median house price in Success is $792,500, the median unit price is $438,000.
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