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Fantastic investment in the Heart of Subi! - Gross ROI ABOVE 5%
What an amazing opportunity, nestled in a quiet street in the heart of Subi with undercover parking! This solid brick renovated ground floor apartment offers first-time buyers or the savvy investor a fantastic opportunity to buy in the recently re-zoned "City Centre" of Subiaco with only 8 in the complex of land area 1126sqm.
Fully renovated and within just a few minutes walk, you will discover an abundance of popular restaurants, bars, cafes, parks, bespoke shopping, Theatre, soon to open brand new eateries and shopping along with plenty of other leisure amenities. In addition to all of this, the train line to either Fremantle or Perth is right on your doorstep, making this the ideal commuter pad!
A large open-plan living and dining area with reverse cycle air conditioning welcome you into the apartment with beautiful blackbutt flooring throughout and floor-to-ceiling windows leading into the private courtyard, perfect for entertaining and relaxing on warm summer nights.
A well-designed modern kitchen with plenty of cupboard and workbench space with a quality oven and a dishwasher to complement the space leaves you thinking about all the great meals that you could be cooking here!
To the rear of the property are two good-sized bedrooms, both with built-in wardrobes leading through to a combined bathroom/laundry and separate toilet.
*Currently leased for $495 per week on a 12month lease expiring June 2023!
This is one property not to be missed out on! Act today and contact Samantha Payne - 0412510223 or Ben Connor on 0410 425 397.
Property features
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Air conditioned
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Carports
1
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Floor area
67m2
Property snapshot by reiwa.com
This property at 7/11 Forrest Street, Subiaco is a two bedroom, one bathroom unit sold by Team Integrity at LJ Hooker Subiaco on 19 Jan 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Subiaco or see other recently sold properties in Subiaco.
Cost breakdown
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Council rates: $1,621 / year
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Water rates: $1,088 / year
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Strata fees: $650 / quarter
Nearby schools
Subiaco overview
Subiaco is an inner-western suburb just four kilometres from Perth City. The well-rounded urban locale has a mix of residential, commercial and entertainment sectors within its seven square kilometre land area. Subiaco is characterised by its culture, entertaining areas and heritage architecture.
Life in Subiaco
With an array of bars and restaurants, Subiaco comes alive at night. Enjoy a fine dining experience at one of the many restaurants, enjoy a drink at a trendy bar, take in a show at The Regal Theatre or simply catch up with friends over a coffee and cake at one of the many cafes. Other features of note include the Subiaco Train Station, Station Street Markets and Lords Recreation Centre.
Subiaco quick stats
High end
$2.4m
Median
$1.9m
Low end
$1.6m
15.5 %
Annual growth
$1.9m
Annual median sales price
$925pw
Annual median rental price
