View
VACANT | $650 - $680 RENT POTENTIAL
ATTENTION INVESTORS – With a $495,000 purchase price and a $680 p/w in potential rental income, what's there not to love with this offering and that's before the plethora of demand the new Edith Cowan University campus will bring. Get in early as there are very few of these types of investments available.
6/98 Lake Street has everything you'd expect and more when it comes to a city boutique apartment. Close to the hustle and set facing lush green established trees and a vibrant public open space. Master-built to a detailed level and demanding specification, a secure and well-maintained complex, just to name a few key features.
Comprising of two generous sized bedrooms both with built-in robes, a wonderful resort styled bathroom, a cleverly designed open plan lounge and separate dining area, a spacious kitchen that stylishly incorporates quality appliances, stone benchtops and ample storage and preparation space, perfect for the keenest of entertainers.
Boasting expansive floor to ceiling windows to the lounge area, which connects perfectly to the oversized outdoor balcony showing off how executive this property is.
Located on the 1st floor of this desirable complex along with intercom security and only a short stroll to Perth's finest hotspots and some of the main entertainment venues.
Other features you will love:
– Secure car space
– Reverse cycle split system air conditioning
– Close to some of the best eating spots
– Convenience to the future Edith Cowan University Campus
Approximates:
City of Perth | $1,670 p/a
Water Corporation | $1,274 p/a
Admin & Reserve | $1004 p/qtr
Property features
Property snapshot by reiwa.com
This property at 6/98 Lake Street, Northbridge is a two bedroom, two bathroom apartment sold by Jesse Andre at Bourkes on 03 Feb 2024.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Northbridge or see other recently sold properties in Northbridge.
Cost breakdown
-
Council rates: $1,670 / year
-
Water rates: $1,274 / year
Nearby schools
Northbridge overview
Situated less than a kilometre from the city centre, Northbridge is an alluring blend of hidden bars and nightclubs, satiating restaurants, cafes, boutique shops, museums and much more.
Life in Northbridge
With plenty of trendy bars and nightspots, Northbridge's evening scene is as vibrant as ever. The suburb is home to Perth's official China Town which provides a slew of restaurants to satisfy any Asian cuisine craving.
The Cultural Precinct which includes museums, art galleries and the state library provides creative inspiration to all experience it, while annual art festivals like Fringe World and Perth Festival keep things fresh. The Northbridge Piazza shows free screenings of movies that are great for the whole family and adds a charming touch of community to the pulsating area.
The latest edition, Yagan Square, is a hub of activity both during the day and at night with cafes, restaurants, pop-ups and shopping providing plenty of things to see and do.
Northbridge quick stats
High end
$1.4m
Median
$1.3m
Low end
$1.1m
48.5 %
Annual growth
$1.3m
Annual median sales price
$750pw
Annual median rental price
