5/1 Anstey Street, South Perth WA 6151

EMAIL JEFF FOR MORE INFORMATION [email protected]

This two-bedroom, one-bathroom, desirably located apartment boasts a host of feature amenities in the cultural heart of South Perth. An existing profitable investment, notable within, an open floorplan and verdant green views - each uncommon to an apartment at this price point.
Currently suitable for investors only, this property already generates a stable income ($290 p/week) and is let by a long-term and well-referred tenant. This attractive yield offers long-term profitability, particularly when considered in the added context of 2021's South Perth property boom (values up .4% this year). Thorough recent renovations have also largely increased the units prospective rental yield, with new timber-look flooring, a completely remodeled bathroom, and kitchen. Access to a secure gated car bay in central South Perth key to this appeal.
The established 1 Anstey Street apartments are just a stone's throw from South Perth's cultural heart. The Angelo Street entertaining strip is a 30-second stroll from the front door, while the South Perth foreshore, Perth Zoo, Royal Perth Yacht Club and a suite of prestigious schools (including Wesley College) are within a two-kilometer radius.
-Also located on the top floor and on the end of the building.
Internal Features

• Sizeable two-bedroom, one-bathroom apartment (with a car bay) in the cultural heart of South Perth
• FOR INVESTORS ONLY: An existing long-term and reliable tenant currently provides positive net cash flows at a $290 p/week rental price
• A suite of recent renovations modernises (and bolsters prospective rental yields) within, with new timber-look flooring, a
completely remodeled bathroom
• Sizeable remodelled kitchen offers ample cabinetry and a modern stainless-steel rangehood, with elegant vertical blinds
• Split-system air-conditioning to the open-plan living and dining area
External Features
• Located in a safe, secure and quiet apartment complex. Gated carpark access for additional security plus a secure locked storage shed for that extra space!
• Includes a larger balcony, offering entertaining space to spare and views over and across nearby streets
• Surrounded by greenery, the block is steps from South Perth's famous Angelo Street and surrounded by tenant-appealing landmarks including schools, shops, parkland, public transport and entertainment
Location Benefits:
• Angelo Street Dining Strip & Cultural Hub| 0.1 km
• Hensman Park | 0.22 km
• Coles South Perth | < 0.1 km
• Richardson Park (by the Swan River) | 1.0 km
• Sir James Mitchell Park | 1.0 km
• South Perth Foreshore | 1.0 km
• South Perth Community Centre & Library | 1.2 km
• Bus Stop (Route 34 to Perth Busport) | 0.13 km
• Canning Bridge Train Station | 3.4 km
• Perth CBD | 4.7 km
Surrounding Schools:
• South Perth Primary School | 0.27 km
• Hensman Street Elementary School | 0.34 km
• Wesley College | 0.38 km
• St. Columba's School | 0.40 km
• Collier Primary School | 1.47