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3 Brookside Avenue, South Perth WA 6151

Sold price: $4,250,000 Sold: 30 Oct 2021
Sold
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Car
  • Landsize 2,034m2
House
3 Brookside Avenue, South Perth WA 6151

Unique Blue-Chip Investment Opportunity with Massive Landholding

AUCTION ON SITE
SATURDAY 30TH OCTOBER 2021
11:00am

An exceptionally rare opportunity awaits astute investors to secure an entire apartment complex at 3 Brookside Avenue, South Perth, a desirable riverside enclave adjacent to Sir James Mitchell Park and metres from the stunning Swan River.

This premium blue-chip development comprises 12 well-appointed apartments - each with private laundry, storeroom and single covered car bay. A central swimming pool is available for all occupants' enjoyment.

Boasting a massive total landholding of 2,034 square metres, the complex is zoned R60, with all dwellings under the same title, requiring no strata management or strata fees as a result. Perth's buoyant rental market provides perfect conditions to strike while the iron's hot and seize the investment for your super fund, syndicate or investment portfolio.

The popularity of this sought-after established location continues to see the suburb show consistent growth regardless of market conditions. Proximity to the river, Perth CBD, prestigious local schools and fantastic shopping & dining amenities guarantee a profitable long term return on your investment.

Contact Lee Riddell from M Residential to view the complex, with access to a three-bedroom and a two-bedroom apartment.
0413 984 881

Overview:
• Entire complex of 12 South Perth riverside apartments
• 8 x 2 bed, 1 bath
• 4 x 3 bed, 1 bath
• Unique blue-chip investment
• Zoned R60, 2,034sqm total landholding
• Central swimming pool for communal use
• Single title - no strata fees or management
• Each apartment has its own laundry, storeroom and car bay

Rates & Fees:
• Water approx $11,129 per annum
• Council approx $18,620 per annum

Location:
• 350m to the Swan River's edge
• 360m to bus transport on Mill Point Road
• 410m to Sir James Mitchell Park
• 2.4km to Crown Resort and Casino
• 2.2km to South Perth ferry terminal
• 1.7km to the Causeway
• 1.8km to South Perth Primary School
• 1.3km to Angelo Street shopping & cafe precinct
• 2.4km to Mends Street dining precinct

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 3 Brookside Avenue, South Perth is a three bedroom, two bathroom house sold by Lee Riddell at M Residential Pty Ltd on 30 Oct 2021.

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

Cost breakdown

  • Council rates: $18,620 / year
  • Water rates: $11,129 / year

Nearby schools

1.0km
Kensington Primary School
  • Primary
  • Government
1.1km
Wesley College
  • Combined
  • Non-government
1.3km
Victoria Park Christian School
  • Primary
  • Non-government
Disclaimer

South Perth overview

Envied for its beautiful riverside positioning, South Perth's affluent lifestyle provides breathtaking views from numerous vantage points within its five square kilometre land area. The established suburb has a commercial area within its boundaries, as well as significant parkland sections along the foreshore. 

Life in South Perth

South Perth is rife with places to visit as well as restaurants, reserves and gardens, with perhaps its most notable feature being the Perth Zoo. Among its numerous dining establishments, Coco's on the foreshore is the most exclusive and takes full advantage of the gorgeous surrounding river views. The Windsor Hotel, Bar & Restaurant is a popular fixture of the suburb as is the Royal Perth Golf Club. 

South Perth quick stats

High end $2.2m
Median $1.8m
Low end $1.4m
0.0 %
Annual growth
$1.8m
Annual median sales price
$895pw
Annual median rental price

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FAQ's

3 Brookside Avenue, South Perth sold on 30/10/2021 for $4,250,000.

3 Brookside Avenue, South Perth was sold by Lee Riddell at M Residential Pty Ltd.

You can contact the agent here.

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