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SOLD. More like this needed for buyers who missed out.
First Home Heaven or Incredible Investment
Picture this: a cozy one-bedroom, one-bathroom apartment currently bringing in a steady $350 per week in rent. But hold onto your coffee cups, because this is just the start! With other units in the building raking in between $450 and $500 per week, the potential for an epic rent upgrade is just a renovation away! Living here would be just as rewarding. Your own home meters from Subi and spitting distance from the Wembley shops/cafes.
Speaking of renovations, you’ll have to wait until April 2025 to start your Better Homes and Garden debut, as our awesome tenants are locked in until then. Think of it as a paid holiday from your DIY dreams – more time to plan, less time to panic!
In the meantime, enjoy the reliable income stream and the peace of mind that comes with tenants so great, they might just leave you a thank-you note. You or your tenants can enjoy the perks of Subiaco and Wembley coffee shops right around the corner. Coffee runs have never looked this good!
Keen to know more or want a squiz? Give me a bell or shoot me a message.
Please be aware these photos were taken prior to the tenancy so the property may look a tad different to the images provided.
Property features
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Garages
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Property snapshot by reiwa.com
This property at 21/281 Cambridge Street, Wembley is a one bedroom, one bathroom apartment sold by Scott Banister-Jones at Scott BJ Properties on 14 Jul 2024.
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.
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
