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405/12 Victoria Avenue, Perth WA 6000

Sold price: $295,000 Sold: 23 Dec 2020
Sold
  • 2 Bedrooms
  • 1 Bathroom
Apartment
405/12 Victoria Avenue, Perth WA 6000

The Ideal Investment- Averaging over $600 per week returns!

Perfect for your self managed super funds and those seeking a positively geared property.

Averaging a return of $627 per week for the past 2 years, this beautifully presented 2 bedroom investment is a must-have addition to your portfolio.

The property is sold fully furnished and equipped, making this the easiest investment decision.

Presently zoned as a Short-Stay, this property is professionally managed by short term manager specializing in corporate stays and short term platforms (namely AIR BNB and Stayz). PLEASE NOTE, DUE TO THE NATURE OF THE ZONING, THIS PROPERTY IS NOT SUITABLE FOR OWNER OCCUPIER!

Located in the heart of the CBD and just minutes' walk to all things essential and desirable, this sought after investment will deliver rental returns and growth.

Property at a Glance:

Rental Return Calendar Year 2019 $37,070.72
Rental Return Calendar Year 2020 $ $26,956.26

Council Rates: $1,223.15 Per Year
Water Rates: $1,417.02 Per Year
Strata Levies $1,188 Per Quarter
Reserve Fund $197.30 Per Quarter

Property features

  • Floor area 61m2

Property snapshot by reiwa.com

This property at 405/12 Victoria Avenue, Perth is a two bedroom, one bathroom apartment sold by Prak Sangthong at Perth Realty Group on 23 Dec 2020.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Perth or see other recently sold properties in Perth.

Nearby schools

0.1km
Mercedes College
  • Secondary
  • Non-government
0.9km
St George's Anglican Grammar School
  • Secondary
  • Non-government
1.6km
Trinity College
  • Combined
  • Non-government
Disclaimer

Perth overview

Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.

Life in Perth

With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.

Perth quick stats

High end $1.3m
Median $1.1m
Low end $935k
25.7 %
Annual growth
$1.1m
Annual median sales price
$665pw
Annual median rental price

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FAQ's

The median house price in Perth is $1,140,000, the median unit price is $475,250.

405/12 Victoria Avenue, Perth was sold by Prak Sangthong at Perth Realty Group.

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