Sold
4/178 Elliott Road, Scarborough WA 6019
Sold price: $2,875,000
Sold: 09 Dec 2020
Sold
-
2 Bedrooms
-
1 Bathroom
-
1 Car
Apartment
View
Top of the Hill - Great Investment
High on the hill sits a great home unit or investment opportunity. This delightful, light-filled ground floor unit is ideally located in an elevated location, that is close to public transport, parks, schools and of course Scarborough Beach."Naughfield" building is a well maintained complex positioned on a large land holding (2000sqm+) which presents great upside for the astute investor.
Enjoy everything that this property has to offer.
* Features light-filled open plan lounge and dining area with renovated kitchen.
* Split system air conditioning
* Two freshly painted bedrooms.
* Family bathroom with shower, vanity and WC.
* Low maintenancetiled throughout
* Single undercover car bay.
* Ample visitor parking
* Small complex of 10 units.
* Large communal laundry room with individually owned washing machines.
Outgoings
* Council Rates: $1364.61 pa
* Water Rates: $837.66 pa
* Strata Admin Fees: $625 per quarter
* Sinking Fund: $375 per quarter
This property is currently being sold with vacant possession, however other apartments in the building are renting for as high as $385pw which represent a compelling yield for investors and self managed superfunds alike.
The owners instructions are clear. They want this SOLD! To arrange a viewing please contact James Heath on 0478064428 or [email protected]
Property features
-
Air conditioned
-
Carports
1
-
Toilets
1
-
Floor area
53m2
Property snapshot by reiwa.com
This property at 4/178 Elliott Road, Scarborough is a two bedroom, one bathroom apartment sold by James Heath at Collective Property Group WA on 09 Dec 2020.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Scarborough or see other recently sold properties in Scarborough.
Cost breakdown
-
Council rates: $1,634 / year
-
Water rates: $837 / year
-
Strata fees: $1,000 / quarter
Nearby schools
Scarborough overview
Home to one of the most iconic beaches in Perth, Scarborough is a desirable coastal suburb within the City of Stirling. Its five square kilometre land area is predominantly used for residential purposes, though it does have a significant entertainment precinct that attracts people from all over the Perth metropolitan area and beyond.
Life in Scarborough
At the heart of Scarborough is the Scarborough Beach precinct. A popular ocean foreshore, it houses a hotel, a variety of shops, restaurants and of course a beautiful coastline.
There are several parks and reserves in Scarborough, such as Abbett Park which provides locals with sporting facilities for football, squash, lawn bowls, tennis and cricket. There are also two primary schools, a library and a community recreation centre within the suburb.
Scarborough quick stats
High end
$1.4m
Median
$1.2m
Low end
$955k
This listing
21.9 %
Annual growth
$1.2m
Annual median sales price
$800pw
Annual median rental price
