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5/2 Royston Link, Butler WA 6036

Sold price: $240,000 Sold: 23 Jan 2022
Sold
  • 1 Bedroom
  • 1 Bathroom
  • 1 Car
Apartment

Under Offer by Lewis McMahon

'This unit will be sold with a sitting tenant and fixed lease of at least 6 months with a guaranteed rental return at $310 per week ($16,000 per annum), offering a 6.5% gross return on the asking price.'

Welcome to Sunset Apartments, and the last remaining opportunity within the complex to secure a leased 1 bedroom, 1 bathroom apartment from the original developer, having just sold Units 1 and 2 respectively within days of being listed.

With construction costs increasing further in the New Year, and population growth tipped to rise once borders open in February to fill the ever growing staff shortages across Perth, REIWA have forecast a further growth of 10-14% for established housing within the Perth market for 2022.

Now is the perfect opportunity to grab a set and forget investment with annual returns that will be difficult to beat in any market, especially for anyone looking at investing in Perth from the East coast. The unit also has an established property manager offering a competitive package as the complex specialist.

Highlights Include;
- Long term tenant with guaranteed rent at $310 per week
- Transport, Shopping and Schools all within walking distance
- Coastal location with Eden Beach 1.2km away
- Quality fittings & fixtures with complex built in 2015
- Internal laundry
- Spilt Reverse Cycle A/C
- Secure undercover parking with storeroom
- Just 6.5km from the pending freeway extension
- Low Strata Levies at Approximately $450 per quarter

For more information, or to arrange an inspection please contact Lewis McMahon today.

* Please note the configuration of Unit 5 does differ slightly from the photos provided.

Property features

  • Carports 1

Property snapshot by reiwa.com

This property at 5/2 Royston Link, Butler is a one bedroom, one bathroom apartment sold by Lewis McMahon at Harcourts Empire on 23 Jan 2022.

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

Nearby schools

0.5km
0.7km
Alkimos College
  • Secondary
  • Government
1.5km
Alkimos Primary School
  • Primary
  • Government
Disclaimer

Butler overview

Are you interested in buying, renting or investing in Butler? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Butler offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. You can also see median and current sales prices for houses and units, as well as sales activity and growth rates.

Butler quick stats

High end $608k
Median $515k
Low end $452k
16.4 %
Annual growth
$515k
Annual median sales price
$600pw
Annual median rental price

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FAQ's

The median house price in Butler is $515,000, the median unit price is $345,000.

5/2 Royston Link, Butler sold on 23/1/2022 for $240,000.
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