Sold
5/17 Proclamation Street, Subiaco WA 6008
Sold price: $1,234
Sold: 04 Mar 2021
Sold
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2 Bedrooms
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1 Bathroom
Unit
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Blue Chipper
There's more than meets the eye with this lovely, established unit situated in central Subiaco. A great investment opportunity or a wonderful entry into the lifestyle on offer in Subiaco.
Located in a small complex of only 6 units, the building is located on a double-sized block, allowing for a lots of space for surrounding established trees and greenery while providing a buffer for the residents from the street.
From an investment perspective, the unit has been rented for the entirety of the current 12-year ownership, save for a couple of weeks. The property features two bedrooms, one bathroom, a private balcony, air conditioning, gas cooking and a car space off the right-of-way at the rear. The floor space is just over 55sqm. The unit next door has just recently been advertised for lease at $350/pw.
The possibility is also open for some modernisation and renovation, with some fairly basic alterations possible to open up the floor space, and help you maximise your nest egg.
Location-wise it is a short stroll to the Rokeby Road café strip, as well as convenient to restaurants, bars, and public transport. On the doorstep of Kings Park and easy access to West Perth and the CBD/Northbridge. School Catchments are the highly regarded Subiaco Primary School and Bob Hawke College.
A shrewd investment for the discerning buyer. Get in touch to find out more.
RATES
Strata: $936/per quarter (Administrative Levy: $852.72 + Reserve levy: $83.28)
Council: $1,667.33/pa (approx)
Water: $1,028.28/pa (approx)
Property features
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Air conditioned
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Floor area
55m2
Property snapshot by reiwa.com
This property at 5/17 Proclamation Street, Subiaco is a two bedroom, one bathroom unit sold by Michael Hoad and Edward Hall at Mack Hall Real Estate in assoc. with Knight Frank on 04 Mar 2021.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Subiaco or see other recently sold properties in Subiaco.
Cost breakdown
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Council rates: $1,667 / year
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Water rates: $1,028 / year
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Strata fees: $936 / quarter
Nearby schools
Subiaco overview
Subiaco is an inner-western suburb just four kilometres from Perth City. The well-rounded urban locale has a mix of residential, commercial and entertainment sectors within its seven square kilometre land area. Subiaco is characterised by its culture, entertaining areas and heritage architecture.
Life in Subiaco
With an array of bars and restaurants, Subiaco comes alive at night. Enjoy a fine dining experience at one of the many restaurants, enjoy a drink at a trendy bar, take in a show at The Regal Theatre or simply catch up with friends over a coffee and cake at one of the many cafes. Other features of note include the Subiaco Train Station, Station Street Markets and Lords Recreation Centre.
Subiaco quick stats
High end
$2.3m
Median
$1.8m
Low end
$1.5m
11.5 %
Annual growth
$1.8m
Annual median sales price
$800pw
Annual median rental price
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