Sold
211/21 Malata Crescent, Success WA 6164
Sold price: $340,000
Sold: 03 Mar 2023
Sold
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2 Bedrooms
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2 Bathrooms
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2 Cars
Apartment
View
PRICE REDUCTION!! Contact Agent for Details
Calling Investors AND owner occupiers! Limited NRAS Investment Opportunity, with a new PRICE REDUCTION.
*****For OWNER OCCUPIERS:*****
On the second floor of a secure apartment building on Malata Crescent, you will find the apartment to be fully equipped with everything you could need.
With two Queen-sized bedrooms with built-in robes, two bathrooms, a fully equipped kitchen with plentiful storage space including overhead cupboards, and a light-filled living and dining area, you'll be able to make a comfortable home for yourself in this apartment within no time.
Features:
- Carpet throughout the living and bedrooms in the apartment
- Floor-to-ceiling windows in the living room, allowing an abundance of natural light
- Plentiful storage space with overhead cupboards in the kitchen and two linen/broom closets in the apartment
- TWO split system air conditioning units (one in the living and one in the master bedroom)
- Ensuite from Master bedroom
- Second (main) bathroom with space for a washer and dryer
- Two car bays next to one another in a secure car park
- Secure entry into the building
- A storage unit on the same level as the apartment
Don't miss out on this fantastic unit! Call Alyssa Bay for more information.
*****For INVESTORS:*****
If you are
A. Wanting upwards of **$10,000** of tax-free income per year;
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 to the lease.
NOTE: The current owners have two properties under the NRAS on Malata Crescent, and need to sell both!!
Call for more information on both properties today.
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 211/21 Malata Crescent, Success is a two bedroom, two bathroom apartment sold by Alyssa Bay at PRD Real Estate Perth on 03 Mar 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Success or see other recently sold properties in Success.
Nearby schools
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
$865k
Median
$780k
Low end
$665k
22.5 %
Annual growth
$780k
Annual median sales price
$710pw
Annual median rental price
