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42/60-64 Forrest Avenue, East Perth WA 6004

Sold price: $235,000 Sold: 04 Jan 2024
Sold
  • 1 Bedroom
  • 1 Bathroom
Apartment
42/60-64 Forrest Avenue, East Perth WA 6004

YOUR OPPORTUNITY FOR AN ENTRY LEVEL INVESTMENT

Good Investment Opportunity - High rent demand for this studio apartment

Perfectly located in an accessible position in East Perth and perched overlooking the picturesque Queens Gardens, this award-winning and architecturally designed property is perfect for a first home buyer or an investor. You will be impressed with the quality and size of this apartment.

Providing a recently refurbished kitchen and painted throughout, this excellent apartment enjoys spectacular views from Level 4 of the WACA ground, enjoy the views over the lush tree-tops of the Queens Garden precinct. With South-East facing views and a glimpse of the Swan River and Crown Casino/Hotel this executive apartment will not last long!

Be the first to view it as demand is strong for apartments in this price range in the low $200K range. Buying is cheaper than renting. With a 20% deposit a mortgage will cost you approx $236 a week

Rent potential $400 - $425 per week unfurnished.

Features Include:
- A spacious studio apartment with timber parquetry floors
- South-East location on the 4th floor to provide fabulous views
- Offering a low-maintenance lifestyle in a super central location
- Security Screen door. Light & Bright, open plan living
- Stylish kitchen with gas cooking & Modern bathroom
- Includes fridge, built in washing machine
- Minutes walk to cafes, shops and free CAT transport
- Low strata fees
- Communal laundry and clothesline facilities in the complex
- Secure car park with gated access
- Unallocated parking bay (as the parking area is strata common area for the use of the residents in the complex).

Rates:
Council: $1,247.80 PA
Water: $870 PA
Strata: $598.99 per quarter
Reserve $38.38 per quarter

Contact Brent Morfesse 0419 900 747

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property snapshot by reiwa.com

This property at 42/60-64 Forrest Avenue, East Perth is a one bedroom, one bathroom apartment sold by Brent Morfesse at The Agency on 04 Jan 2024.

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

Nearby schools

0.7km
Trinity College
  • Combined
  • Non-government
0.8km
Mercedes College
  • Secondary
  • Non-government
1.8km
St George's Anglican Grammar School
  • Secondary
  • Non-government
Disclaimer

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
12.7 %
Annual growth
$1.8m
Annual median sales price
$725pw
Annual median rental price

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FAQ's

42/60-64 Forrest Avenue, East Perth is a 1 bedroom, 1 bathroom apartment.

The average number of selling days in East Perth is 19 days.

The median house price in East Perth is $1,815,000, the median unit price is $651,500.
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