206/17 Pattie Street Street, Cannington WA 6107

An Established Income Stream. A Convenient Location. An Opportunity for the Future.
What if your next property purchase could start generating rental income from the moment you take ownership?

Welcome to 206/17 Pattie Street, Cannington, situated within the Velocity Apartments complex, just a short walk from Westfield Carousel.
Offering more than your typical one-bedroom apartment, this thoughtfully designed residence features a generous separate study, comfortable living spaces and a private balcony.

Currently leased at $610 per week until August 2027, the apartment presents an opportunity for investors seeking an established rental income stream, as well as future owner-occupiers looking to secure a property today while planning their move for tomorrow.

Whether you're building your investment portfolio or purchasing with future lifestyle plans in mind, this property offers an appealing combination of income, flexibility and convenience.

AN INVESTMENT WHERE THE INCOME IS ALREADY IN PLACE
In property investment, rental income, holding costs and location are important considerations. With an existing tenancy in place, this apartment offers purchasers an established rental arrangement without needing to immediately search for a new tenant.

Investment Snapshot
- Current Rental Income: $610 per week
- Gross Annual Rental Income: $31,720
- Existing Tenancy: Fixed until August 2027
- Strata Levies: $1,055.90 per quarter
- Council Rates: $1,870.21 per annum
- Water Rates: $1,089.72 per annum

For investors who value transparency, the existing rental income and known property outgoings provide a useful starting point for assessing the property's investment potential.

MORE THAN JUST A ONE-BEDROOM APARTMENT
One of the property's most appealing features is its generous separate study.
Unlike a conventional one-bedroom apartment, this additional space provides flexibility for a variety of everyday needs.

Whether you're working from home, studying, pursuing creative interests or simply looking for additional functional space, the study adds another dimension to the apartment's practicality.

The apartment also offers:
- A comfortable living and dining area with natural light
- A practical kitchen with integrated appliances and ample cabinetry
- A well-proportioned bedroom
- A separate study providing additional flexibility
- A private balcony extending the living space outdoors
- A modern bathroom with laundry facilities
- Split-system air conditioning
- One allocated car bay

For investors, the additional study may broaden the property's appeal to prospective tenants seeking a dedicated workspace.
For future owner-occupiers, it provides the flexibility to accommodate changing lifestyle needs.

LOCATION THAT MAKES EVERYDAY LIVING EASIER
Convenience is one of the defining attractions of this property.
Located within the established Velocity Apartments complex, residents enjoy easy access to the shopping, dining, entertainment and transport options surrounding Cannington.

Westfield Carousel is within walking distance, offering an extensive selection of retailers, supermarkets, cafés, restaurants and entertainment facilities.
Nearby public transport connections provide convenient access to surrounding suburbs and the wider Perth metropolitan area.

Whether commuting to work, enjoying a meal out or completing everyday shopping, the location places a wide range of amenities within easy reach.
For investors, this convenient setting may appeal to tenants who value accessibility and lifestyle.

For future residents, it offers the convenience of apartment living close to established amenities.


PRIVATE INSPECTIONS BY APPOINTMENT
As the property is currently tenanted, no public home opens will be conducted.
To respect the existing occupants and minimise disruption, private inspections will be arranged by appointment, subject to tenant access arrangements.
Interested buyers are encouraged to request the available property information and review the floorplan and photographs before arranging a viewing.

For further information, contact
Benjamin Chin
0432395617 or [email protected]


Disclaimer
All information has been provided in good faith and is believed to be accurate at the time of publication. Interested parties should make their own enquiries and independently verify all details, including rental income, tenancy conditions, property outgoings, dimensions and investment suitability.
Rental income is subject to the existing tenancy agreement and the tenant meeting their obligations. Rental yields are indicative only and are not guaranteed. No representation is made regarding future rental returns, capital growth, tax outcomes or investment performance.
This advertisement does not constitute financial or taxation advice.