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501/2 Rutland Avenue, Lathlain WA 6100

Sold price: $320,000 Sold: 21 Feb 2023
Sold
  • 1 Bedroom
  • 1 Bathroom
  • 1 Car
  • Landsize 82m2
Apartment
501/2 Rutland Avenue, Lathlain WA 6100

Huge Cash Flow Investment and or Ideal Home

Executive living at its finest
Oozing style and sophistication - it will not disappoint! Offering the desirability of Burswood but without the price tag!

1Bed/ 1 Bath/ 1 Car bay
Level 5 / Western Aspect
Internal 51sqm / balcony 14sqm/Secure under cover Garage.

It is hard to imagine a better location than the Red Castle apartments. Superbly located to Crown Perth, the Swan River and the new Optus Stadium, plus easy access to the Burswood train station, shopping and all the amenities you need. The Red Castle apartments offer the best in contemporary living on the steps of our beautiful Perth City. With premium fit, Red Castle is an exclusive stylish apartment complex, that is perfect for those who want to live large while being equally suited to the lock-and-leave lifestyle.

This apartment has a generous 14sqm balcony and large windows. The cleverly designed connection between the open living areas and the balcony creates a continuity between indoor and outdoor space that is ideally suited for entertaining all year round. The rooftop terrace provides the perfect venue to entertain or enjoy the city and river vista.

Features include:
• Stainless steel appliances
• Stone and granite bench tops with coloured glass splash-backs
• Split-system air conditioning
• Quality wooden flooring to the living areas
• Double glazing
• High ceilings
• Storeroom for each apartment
• Allocated car parking
• Visitor parking
• Dishwasher & clothes dryer
• Strata fees per Quarter $674.60
• Council Rates $1,423.14
• Water Rates $960.00
• Pet-friendly Building
• City of Victoria Park not City of Perth
• BGC Built
• Rooftop BBQ area
• NRAS National Rental Affordability Scheme - credit and tenant in place.
• Huge Parcel of Land lots of common Areas
• Healthy and well-maintained Strata
• Loads of cupboards and storage areas

This property ticks so so many boxes, why, with the option to continue with a fantastic tenant, NRAS credit providing a huge tax-free top-up for years to come or furnish it and lease to the booming mining market, keep it all for yourself....... so so many options.

For a full prospectus on the current set up, an NRAS approved tenant and the government tax-free top-up that comes with that, please call Kim on 0423 089 439 or email [email protected]

* NRAS - National Rental Affordability Scheme

*Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent inquiries and must rely on their own personal judgment about the information included in this document. Kim Turner Real Estate provides this copy write without any express or implied warranty as to its accuracy. Any reliance placed upon this write-up is at the client's own risk. The Real Estate co accept no responsibility for the results of any actions taken or reliance placed upon this document*

Property features

  • Garages 1
  • Floor area 51m2

Property snapshot by reiwa.com

This property at 501/2 Rutland Avenue, Lathlain is a one bedroom, one bathroom apartment sold by Kim Turner and Sacha Pop-Markov at Kim Turner Real Estate on 21 Feb 2023.

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

Cost breakdown

  • Council rates: $1,423 / year
  • Water rates: $960 / year
  • Strata fees: $674 / quarter

Nearby schools

0.4km
Perth Individual
  • Combined
  • Non-government
0.6km
St Augustine's School
  • Primary
  • Non-government
1.1km
Lathlain Primary School
  • Primary
  • Government
Disclaimer

Lathlain overview

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

To provide an understanding of the kind of lifestyle Lathlain 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.

Lathlain quick stats

High end $1.2m
Median $990k
Low end $773k
6.4 %
Annual growth
$990k
Annual median sales price
$750pw
Annual median rental price

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FAQ's

501/2 Rutland Avenue, Lathlain sold on 21/2/2023 for $320,000.

The average number of selling days in Lathlain is 18 days.

501/2 Rutland Avenue, Lathlain is a 1 bedroom, 1 bathroom apartment.
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