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54/281 Cambridge Street, Wembley WA 6014

Sold price: $178,000 Sold: 19 Aug 2020
Sold
  • 1 Bedroom
  • 1 Bathroom
  • Landsize 40m2
Apartment
54/281 Cambridge Street, Wembley WA 6014

Investors Delight – High Yield rental from Day 1

This great top floor apartment is fully furnished and tenanted and BOTH are included in the fantastic price today! (with the option of the tenant moving out at or near settlement).
This is a great investment property for First Home Buyers and Investors alike! Currently earning a solid 6.84% Gross Rental yield, located Close to shops and walking distance to the local Medical facilities – there is constant demand for this apartment by local medical staff and students!

There's something special about being on the top floor. Not only does it offer the best views of the surrounding suburb, it also provides a complete hideaway at the end of a long day.

The modern kitchen offers plenty of cabinetry, a white tile splash-back, double sink, oven, gas stove and a sleek black waterfall bench-top that doubles as a breakfast bar.

The easy open plan layout flows effortlessly through the lounge and out to the private balcony, where you can catch glimpses of the street below through the spectacular canopy of gum trees that provide privacy.

The bedroom is fantastically equipped, easily accommodating a queen sized bed and two bedside tables as well as an office desk and tall boy - and still with a sense of spaciousness. Not to mention the Wall-To-Wall Fully mirrored Built-in Wardrobe!

In the heart of Wembley, just:
7 minutes from the CBD,
10 minutes from UWA,
3 minutes from St John of God Hospital,
8 minutes from the beach,
4 minutes from Subiaco,
and easy access to public transport.

FEATURES YOU WILL LOVE:
- Air conditioning that cools the entire apartment
- Premium Top floor corner position
- Secure complex with intercom and security access
- 40sqm of internal living
- secure gated car-bay

Nearby Restaurants include: Italian, Malaysian, Brazilian, Japanese and Chinese fare all within walking distance along the thriving hospitality strip, along with the local supermarket, bars and cafes.

CURRENTLY TENANTED UNTIL 10TH FEB 2021 - $250 PER WEEK.

Rates and Levies:
Council rates: $324.00 /quarter
Water Rates: $239.24 /quarter
Strata Levies: $625.05 /quarter

Property features

  • Air conditioned  

Property snapshot by reiwa.com

This property at 54/281 Cambridge Street, Wembley is a one bedroom, one bathroom apartment sold by Jenna Abel and Ryan Abel at Abel Property Rentals on 19 Aug 2020.

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

Nearby schools

1.0km
Wembley Primary School
  • Primary
  • Government
1.1km
Jolimont Primary School
  • Primary
  • Government
1.2km
Subiaco Primary School
  • Primary
  • Government
Disclaimer

Wembley overview

Wembley is a large western-suburb of Perth. Established in 1831, Wembley's key population growth occurred between 1910 and 1930, and again in the post-war years. More recently, Wembley has experienced gradual increases since the mid-1990s as new homes have been added to the suburb.

Life in Wembley

Numerous recreational facilities and clubs add great lifestyle appeal to the suburb, with squash, t-ball, tennis, netball, football, athletics, baseball, lacrosse and hockey all catered for. Lake Monger is a much loved feature, providing lovely walk ways and beautiful scenery to those who visit, while The Wembley Hotel is a popular pub that never fails to draw a crowd. Cambridge Street is the suburbs most urban fixture, with numerous pubs and restaurants lining the street. There are three local schools in Wembley.

Wembley quick stats

High end $2.1m
Median $1.7m
Low end $1.3m
16.2 %
Annual growth
$1.7m
Annual median sales price
$950pw
Annual median rental price

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FAQ's

The median house price in Wembley is $1,668,000, the median unit price is $350,000.

54/281 Cambridge Street, Wembley sold on 19/8/2020 for $178,000.
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