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22/12 Wright Street, Perth WA 6000

Sold price: $230,000 Sold: 30 Dec 2021
Sold
  • 1 Bedroom
  • 1 Bathroom
  • Landsize 44m2
Unit
22/12 Wright Street, Perth WA 6000

Awesome Bach Pad and/or Super Investment!

Enjoy your secure, airy bach pad or start making a strong return!

One of the great things about cities is that in the 1960's apartment building were put up all around the city fringes, often in the best locations, which means that you can get the full experience of the city lifestyle combined with the feel of leafy suburbia. These studio apartments at 12 Wright Street are exactly what I'm talking about. Surrounded by green space and large trees, on established tree lined streets you can nip out to bars, restaurants and nightlife and come home to a quieter, greener space only minutes away.

This well appointed studio apartment sits amongst the treetops down leafy Wright street. With the kitchen and living areas benefitting from the northern sun and the bedroom looking over treetops to the south, there is plenty of sunlight streaming into the apartment. There's an ample kitchen for a small apartment and living zone with room for a comfy couch and dining area. A good sized, attractive and tidy bathroom in monochromatic tones is to the side then down into the sunken bedroom. This is a large space, with room to add built in cabinets and a king size bed. There is a screen divider that can be used to define the two areas or for when you have guests.

As a positive investment, currently this neat apartment is being used as a short term rental with significant returns and there is the option to purchase it along with the furniture, appliances as a furnished apartment and run it as your own AirBNB. There is also an opportunity to take over the current AirBNB business along with the apartment. Or you can use the apartment as a long term rental also potentially realising strong returns.

As your first home it has a lot to offer. A cosy, secure space that has ample light and a great floorplan for comfortable living at an affordable price. It would make an ideal first pad that could become a strong investment later on. Not only a great space to live in but a great location too!

Here you are a stroll away from the iconic Brisbane Hotel, HBF Park is at the start of the street, you have buses everywhere and you're walking distance to East Perth Train Station. There is good shopping close by and access to the freeway is quick and easy for travel in every direction. An Uber will take you in comfort and in minutes to the city and Northbridge if you don't want to walk, or head into Highgate and Mount Lawley instead.

In recent years the city has boomed with quirky and classy bars and restaurants, nightclubs and cafes. And don't forget the easy access to theatres, opera, plays, ballet, art, sports and festivals. With the whole city on your doorstep, and Northbridge on the front porch, here you are still coming home to a quiet, suburban style street and an easy care, low maintenance, secure apartment. Whether its for you or your AirBNB customers or your tenants, you'll love the City lifestyle or positive return this cute apartment has to offer!

• 44sqm apartment with allocated car bay
• Fully Air Conditioned - reverse cycle air conditioning
• Renovated with timber style flooring
• North Facing Windows
• Views of the suburb in both directions
• Currently run as a profitable AirBNB
• Access to a great lifestyle
• Close to shops, transport and entertainment
• Easy access to freeways
• Levies $2100 per annum
• Council Rates $1372.20 per annum
• Water Rates $827.24 per annum

Property features

  • Toilets 1
  • Floor area 44m2

Property snapshot by reiwa.com

This property at 22/12 Wright Street, Perth is a one bedroom, one bathroom unit sold by Jennifer Castle at Ray White Fremantle on 30 Dec 2021.

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

Cost breakdown

  • Council rates: $1,372 / year
  • Water rates: $827 / year
  • Strata fees: $525 / quarter

Nearby schools

0.6km
Highgate Primary School
  • Primary
  • Government
0.8km
Sacred Heart Primary School
  • Primary
  • Non-government
1.4km
Perth College
  • Combined
  • Non-government
Disclaimer

Perth overview

Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.

Life in Perth

With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.

Perth quick stats

High end $1.3m
Median $1.1m
Low end $943k
28.4 %
Annual growth
$1.1m
Annual median sales price
$750pw
Annual median rental price

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FAQ's

The average number of selling days in Perth is 14 days.

The median house price in Perth is $1,130,000, the median unit price is $470,000.
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