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INVESTORS, FIRST HOMEOWNERS, DOWNSIZERS & FIFO WORKERS
CHOICE IS YOURS; OWNER OCCUPY OR INVESTOR!
STRONG INCOME EARNING POTENTIAL FROM THIS WELL LOCATED & ELEVATED 2 BRM 2 BTH ROOM 3RD FLOOR APARTMENT.
VACANT POSSESION, ALTERNATIVELY RENTAL APPRAISAL INDICATES APPROX INCOME $800 PER WEEK
• SPACIOUS 81SQM INTERNAL LIVING AREA - PLUS BALCONY
• TOTAL FLOOR AREA 109M2 - REFER TO FLOORPLAN
• BALCONY SOUTH/WEST FACING - NO ADJOINING NEIGHBOURS!
• 3RD FLOOR LEVEL - IDEAL CORNER BUILDING WITH NO NEIGHBOUR ALONG WEST BOUNDARY
• REVERSE CYCLE AIR-CONDITIONING
• FREE CAT BUS OUTSIDE BUILDING
• EASY WALK TO SWAN RIVER, WACA, CITY ENTERTAINMENT PRECINCT & MANY OTHER BARS & RESTAURANT/ CAFE DESTINATIONS
• RENTAL ESTAIMATE $800 PER WEEK (INCLUDING WHITE GOODS)
• ENSUITE SHOWER RECESS REGROUTED AND SHOWER GLASS REPLACED IN RECENT TIMES
• WELL, LOCATED UNDERCOVER CARBAY
IDEAL INVESTMENT OPPORTUNITY
- INVESTORS WILL BENEFIT FROM POTENTIAL OF A HIGH YIELDING INCOME RETURN. MINIMAL MAINTENANCE DUE TO CURENT OWNER HAVING COMPLETED ITEMS IN RECENT TIMES. THIS PROPERTY HISTORICALLY HAS A LOW TENANT TURNOVER RATE AND HAS GENERALLY APPEALED TO PROFESSIONALS. MAINLY DUE TO GREAT PROXIMITY TO EAST PERTH, SWAN RIVER & CBD ACCESS.
STRATA LEVIES
- ADMIN LEVY $1,040 + GST PER QTR
- RESERVE LEVY $260 + GST PER QTR
RATES
- COUNCIL CITY OF PERTH - $1,768 PER ANNUM 25/2026
- WATER RATES - $213 BI-MONTHLY
SOME PHOTOS REPRESENT FURNISHED ROOMS; HOWEVER, THE PROPERTY IS BEING SOLD UNFURNISHED!
Property features
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Garages
1
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Toilets
2
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Floor area
81m2
Property snapshot by reiwa.com
This property at 34/18 Wellington Street, East Perth is a two bedroom, two bathroom apartment sold by Greg Hunter at G Hunter & Associates on 08 Nov 2025.
Looking to buy a similar property in the area? View other two bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Council rates: $1,768 / year
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Water rates: $1,273 / year
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Strata fees: $1,144 / quarter
Nearby schools
East Perth overview
A tranquil waterside village, East Perth is situated less than two kilometres from the Perth city hub. Admired for its beautiful residential landscapes, the idyllic riverside suburb has long since set the benchmark for inner-city living. East Perth provides a bustling urban lifestyle against a picturesque backdrop.
Life in East Perth
There are eateries, sporting venues, pubs and evening venues all accessible within East Perth. The iconic Royal Street is home to some of the best brunch spots in Perth and there is The Royal on The Waterfront, a much loved pub, restaurant and cocktail bar. The WACA, the home of cricket in Western Australia, is also a feature of the suburb and hosts some of the biggest games in cricket every year. Other notable mentions include the Perth Mint, Claisebrook Cove and City Farm.
East Perth quick stats
High end
$2.1m
Median
$1.8m
Low end
$1.6m
10.6 %
Annual growth
$1.8m
Annual median sales price
$725pw
Annual median rental price
