Sold
37/59 Herdsman Parade, Wembley WA 6014
Sold price: $330,000
Sold: 04 Jun 2024
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
Apartment
View
Investment Goldmine: Transform this Wembley Gem into Profit
Attention bargain hunters! Look no further if you seek a project ripe for value-adding, painting, and prospering. Nestled in sought-after Wembley, this property boasts all the perks of this vibrant suburb - from its proximity to Leederville and Subiaco's cafe strips, Northbridge and Perth city, to stunning beaches and excellent shopping centers. Yet, it remains well-connected by public transport and close to nature reserves like Herdsman Lake and Lake Monger.
Renovators and investors know the potential here - with a little TLC (and a fresh coat of paint), this apartment can be transformed into a stylish abode or lucrative rental. With its balcony, gas cooktop, and approximately 60m2 of internal living space, the groundwork is laid. This gem sits within a serene, well-managed complex adorned with shady trees. Enjoy the convenience of an undercover car bay, visitor parking, and an on-site laundromat.
The property is currently rent out $350/week until 11 November 2024
Strata fee: $710.25 per quater
Water rate: around $160 every two months
Council rate: around $1472 last year
Whether starting your portfolio or expanding it, seize the opportunity at 37/59 Herdsman Parade today!
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 37/59 Herdsman Parade, Wembley is a two bedroom, one bathroom apartment sold by Vicky Yang and Yanqi Wang at Happy Realty on 04 Jun 2024.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Wembley or see other recently sold properties in Wembley.
Nearby schools
Wembley overview
Wembley is a large western-suburb of Perth. Established in 1831, Wembley's key population growth occurred between 1910 and 1930, and again in the post-war years. More recently, Wembley has experienced gradual increases since the mid-1990s as new homes have been added to the suburb.
Life in Wembley
Numerous recreational facilities and clubs add great lifestyle appeal to the suburb, with squash, t-ball, tennis, netball, football, athletics, baseball, lacrosse and hockey all catered for. Lake Monger is a much loved feature, providing lovely walk ways and beautiful scenery to those who visit, while The Wembley Hotel is a popular pub that never fails to draw a crowd. Cambridge Street is the suburbs most urban fixture, with numerous pubs and restaurants lining the street. There are three local schools in Wembley.
Wembley quick stats
High end
$2.5m
Median
$2.0m
Low end
$1.8m
7.2 %
Annual growth
$2.0m
Annual median sales price
$950pw
Annual median rental price
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