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Incredible Investment Opportunity.
Massive investment opportunity, leased at $565 per week. Approx 6.1% – 6.4% rental return*
If you’re looking for a high yielding, hassle free investment you must see this property. Located in the "Unison" complex on Tenth Avenue, residents have access to fantastic amenities including a swimming-pool, gymnasium, and sauna. The great lifestyle on offer makes the complex sought-after for tenants.
Upon entering, you will be welcomed into an open-plan kitchen, dining and living area that leads out to a dual-aspect balcony. Enjoy magical sunrise and sunset views from the balcony, which also boasts soaring high timber-lined alfresco-style ceilings and a sweeping tree-lined city vista.
The sleek and stylish kitchen features sparkling stone bench tops, double sinks, electric range-hood, hotplate, oven appliances and generous built-in storage.
The master bedroom includes mirrored built-in wardrobes and ensuite. The second bedroom also has built-in robes and is adjacent to the combined main bathroom and laundry.
Located in Maylands, just footsteps away from the vibrant Whatley Crescent food and coffee strip, the property offers a wealth of conveniences. Take a stroll to Maylands Train Station, Dôme Café, Mrs S, Chapels on Whatley, Sherbet, and the local IGA X-Press supermarket. You'll also find more shopping options, restaurants, cafes, bars, and entertainment along buzzing Beaufort Street in Mount Lawley. The Inglewood Night Markets are held every Monday throughout spring, summer, and most of autumn, and excellent schools are located nearby.
*Rental return based on sale price of $460,000 - $480,000
Please note, this property has a current rental agreement for $565 p/week.
FEATURES INCLUDE:
• 2 bedrooms, 2 bathrooms
• Secure access and entry into the building
• City views and high ceilings on the balcony
• Open-plan living, dining and kitchen area
• Built-in wardrobes to both carpeted bedrooms
• Private master-ensuite bathroom
• Separate main bathroom/laundry
• Split-system a/c, skirting boards, down lights
• Double-door linen/broom cupboard – plus an internal hot-water system
• Complex pool, gym and sauna
• Single car bay
• 4sqm (approx.) storeroom
Strata Levies: Approx $795 per quarter
Council Rates: Approx $1,958 per annum
Water Rates: Approx $1,246 per annum
Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Property features
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Garages
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Property snapshot by reiwa.com
This property at 30/2 Tenth Avenue, Maylands is a two bedroom, two bathroom apartment sold by Jesse Gough at Caporn Young Estate Agents Pty Ltd on 13 Jun 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Maylands or see other recently sold properties in Maylands.
Cost breakdown
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Council rates: $1,952 / year
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Water rates: $1,246 / year
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Strata fees: $795 / quarter
Nearby schools
Maylands overview
Maylands is a riverside inner-city suburb approximately 4.5 kilometres northeast of Perth, serviced by the Midland railway line on the northern bank of the Swan River. In 1896 the name "Maylands" was first used to identify the area, appearing on a poster advertising a land auction. However the exact reason how the area got its name is something of a mystery.
The suburb was once a source of clay for brick and tile making at Maylands Brickworks, and the pits from these activities are now part of a golf course and residential area. It was home to Perth's main airport until the early 1960s, and the facilities were converted to a training area for the Western Australian Police Service.
Life in Maylands
Maylands is known as a cultural and creative hub as it is home to The West Australian Ballet Centre and home to the WA Youth Jazz Orchestra. In recent years, new bars, cafés and restaurants, along with gourmet food and retail outlets have all contributed to an ongoing transformation of the town centre into a lively, diverse and inclusive destination. There are numerous shopping centres in the area, 15 parks and reserves and two primary schools.
Maylands quick stats
High end
$990k
Median
$760k
Low end
$589k
6.5 %
Annual growth
$760k
Annual median sales price
$650pw
Annual median rental price
