Sold
504/112-122 Goderich Street, East Perth WA 6004
Sold price: $210,000
Sold: 05 Feb 2024
Sold
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1 Bedroom
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1 Bathroom
Apartment
View
Ripe for Investors (net ROI 7.9% (approx.))
Are you searching for a cosy and convenient place to call home in an ideal city fringe location? Look no further! A fantastic opportunity to own a tenanted, studio apartment in a secure complex will suit the investor in us all, when you are receiving high rental yields. These types of properties are always sought after by tenants.
Step inside this fifth floor, studio apartment and be greeted by a cosy living space. The apartment boasts a functional layout, maximizing the available space and offering a comfortable living experience, with potential to further improve. With an existing tenant, this studio provides a solid investment in a central location. Located in the heart of East Perth, enjoy the best of urban living with everything at your doorstep and access to the Red CAT bus-stop at your front door. Feel safe and protected with 24/7 security and access control systems, giving you peace of mind and this building has a secure carpark and laundry facilities available on site.
Boasting an abundance of natural light, this little gem has the added bonus of an outstanding tenant (on a fixed term lease until March 2024) who has made this a comfortable home for themselves and is keen to stay on.
Whether you're a first-time buyer or an astute investor looking to expand your portfolio, this property ticks a lot of boxes.
WHY YOU SHOULD PUT THIS ON YOUR MUST SEE LIST:
A sought after, central city location
Fantastic return
Great City Pad "Lock and Leave"
Dual Lifts
Secure
Close to public transport
Close to Parks
RENTAL RETURN
Currently tenanted at $340 pw until March 2024 (approx net ROI 7.9%)
TITLE PARTICULARS:
Year Built: 1968
Lot Size: 29 sqm (plus car bay)
City of Perth
Council Rates: $1,251.40 p/a approximately
Water Service: $941.20 p/a approximately
Strata Levies: $568.33 p/q (Admin: $463.08 p/q + Reserve: $105.25 p/q)
Ensure that you add this studio to your inspection list or contact Angie Taylor of Edison Property 0417 946 056 or [email protected] for further information.
Property features
Property snapshot by reiwa.com
This property at 504/112-122 Goderich Street, East Perth is a one bedroom, one bathroom apartment sold by Angie Taylor at Edison Central on 05 Feb 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.
Cost breakdown
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Council rates: $1,251 / year
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Water rates: $941 / year
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Strata fees: $568 / quarter
Nearby schools
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
$1.7m
Median
$1.4m
Low end
$1.0m
-25.4 %
Annual growth
$1.4m
Annual median sales price
$720pw
Annual median rental price
