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LEASED INVESTMENT OPPORTUNITY
Welcome to Cambridge Court!
This neat apartment is located on the sixth floor of a friendly, convenient apartment complex on the fringe of Perth CBD.
With the same location benefits of multi million dollar homes at just a fraction of the cost, this apartment is perfect for all types of buyers and ticks all the boxes when it comes to both lifestyle and investment.
APARTMENT FEATURES
- Renovated kitchen
- Reverse cycle air-conditioning
- Freshly painted bright and white
- Upgraded lighting
- Secure parking
- Complex has pool and lift
INVESTMENT HIGHLIGHTS
- Leased for $395 per week
- Estimated Gross Rental Yield 7.6%
- Tenant until January 2025
LOCATION BENEFITS
City views
Closest bus stop (100m)
Community garden (100m)
Leederville Train Station (300m)
West Leederville Shopping Centre (400m)
Nowhereman Brewery (450m)
ASSOCIATED COSTS
Water Rates: $895.31pa (approx)
Council Rates: $1,285.62 pa (approx)
Strata Admin: $605.00 pq (approx)
Strata Reserve: $72.60 pq (approx)
Temporary Lift Upgrade Levy: $30.25 pq (approx)
The market is moving quickly so buy now, collect some rental income and take your time moving rather than having to deal with a crazy property market!
Contact Jay Harrison on 0420 512 987
Disclaimer: The information in this advertisement has been provided by sources we deem to be reliable. We do not accept any responsibility to any person/s for its accuracy. All interested parties should rely on their own due diligence enquiries to verify any information provided in this advertisement.
Property features
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Air conditioned
Property snapshot by reiwa.com
This property at 63/50-54 Cambridge Street, West Leederville is a one bedroom, one bathroom apartment sold by Jay Harrison at Edison McGrath on 29 Jan 2024.
Looking to buy a similar property in the area? View other one bedroom properties for sale in West Leederville or see other recently sold properties in West Leederville.
Cost breakdown
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Council rates: $1,285 / year
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Water rates: $895 / year
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Strata fees: $605 / quarter
Nearby schools
West Leederville overview
West Leederville is an established suburb within the municipality of the Town of Cambridge. Located four kilometres from Perth, it spans two square kilometres and is bound by the Mitchell Freeway in the north and east, the railway line in the south and Lake Monger in the west.
Life in West Leederville
With Leederville, Subiaco and Perth City all close by, West Leederville straddles the balance of suburban living in an urban environment to great effect. Establishments of note include the West Leederville Shopping Centre, which exists primarily to service the grocery needs of local residents, the West Leederville Community Garden and the West Leederville Railway Station. West Leederville Primary School is the suburbs local school, with numerous others nearby.
West Leederville quick stats
High end
$1.8m
Median
$1.4m
Low end
$1.1m
10.5 %
Annual growth
$1.4m
Annual median sales price
$765pw
Annual median rental price
