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NEST OR INVEST!
Situated on a quiet residential street in the heart of Shenton Park, this neat ground floor unit is ideal for those looking to get a foothold into a sought-after neighbourhood, with QEII Medical Centre within walking distance and UWA, Perth CBD and other local hospitals just a short commute away.
As an investment, the unit is currently leased on Air B&B and demonstrates a fantastic yield of around 14% p/a. The unit can be bought with the furniture pictured left in-situ for buyers looking to capitalise on the short-term rental return.
Property features include:
- One bedroom, ground floor unit in a group of 15 units
- 1594sqm strata company landholding
- Air-conditioning
- Use of one allotted carport
- Common laundry facilities
- Great location close to hospitals, public transport, Perth CBD and Kings Park
- Close to Onslow Road Shopping Village with 24hr IGA, pharmacy, post office, bakery and more
Outgoings:
- Council rates $1,689.62 p/a
- Water rates $1,004.29
- Strata levies $790 p/q
Lot particulars:
- Lot 4 on Strata Plan 4785, Volume 1486, Folio 685
Property features
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Floor area
43m2
Property snapshot by reiwa.com
This property at 4/7 Cullen Street, Shenton Park is a one bedroom, one bathroom unit sold by Hayley Berry at Mayfair Property Group Pty Ltd on 27 May 2024.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Shenton Park or see other recently sold properties in Shenton Park.
Cost breakdown
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Council rates: $1,689 / year
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Water rates: $1,004 / year
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Strata fees: $790 / quarter
Nearby schools
Shenton Park overview
Shenton Park is an established suburb that spans two square kilometres within the municipality of the City of Subiaco. The affluent western-suburb is characterised by renovated heritage homes and modern architecture.
Life in Shenton Park
Shenton Park's leafy suburban lifestyle benefits from its proximity to major urban environment like Perth City and Subiaco. The Shenton Park Railway Station keeps residents easily and conveniently connected to these areas, while the many parks and reserves provide a serene escape. Features of the suburb include the Shenton Park Dogs' Refuge Home and Shenton Park College.
Shenton Park quick stats
High end
$2.3m
Median
$2.0m
Low end
$1.7m
22.6 %
Annual growth
$2.0m
Annual median sales price
$1,250pw
Annual median rental price
