7/138 Mounts Bay Road, Perth WA 6000

Welcome to this delightful two-bedroom, two-bathroom unit built in 2005, that looks forward to sharing its brilliant park views with new owners. The unit enjoys a total lot size of 133 square metres including a huge 15 square metre balcony, and an internal floorspace of 102 square metres. Enjoy plenty of modern features, tall floor to ceiling glass windows and sliding doors that provide excellent green views across John Oldham Park towards the Swan River, two spacious bathrooms (one with a spa bath!), split cycle air conditioning and a sleek stone-benchtopped kitchen. The home is currently tenanted at $450 per week until the end of March 2023 making this perfect for both an owner-occupier seeking to enjoy the wonderful setting themselves, or for an investor to have a rental income from day one. Don’t miss out on this unit!

Property Highlights:
- Two-bedroom, two-bathroom unit built in 2005
- Total lot size of 133 square metres
- Internal floorspace of 102 square metres
- Balcony size of 15 square metres
- Floor to ceiling glass windows and sliding doors
- City and Park views
- Split cycle air conditioning
- Stone benchtops in the kitchen, electric cooking
- Spa bath

Investor Summary:
- Currently leased until end of March 2023 at $450 per week
- Market Rent for 7/138 Mounts Bay Rd is $600 per week
- Given a purchase price of $569,000 this property results in a 5.5% gross annual rental yield.
- HouseSmart is highly active in the Perth CBD and can provide high quality leasing and Property Management services throughout the course of sale and beyond Settlement.

Drive up to the front of this 18 unit complex and enjoy the stylish presentation that stretches up the front of the building and in through the lobby – the external walls on the ground level are a feature rock design which looks fantastic. You have a dedicated carpark inside the complex, and there’s visitor parking bays out the front. Step inside your apartment here and enjoy a light filled private space, thoughtfully designed all the way from the front door past the kitchen to cascading glass doors and windows onto your balcony and beyond.

Your living space here is placed between the kitchen area and the balcony. There’s carpet flooring, LED downlights, split-cycle air-conditioning, but the true focus piece is the floor to ceiling windows and sliding doors which create a brilliant modern entertainers and relaxing space. Ample natural light is drawn inside, while the elevated position retains privacy but gives excellent views over John Oldham Park.

The kitchen is built around a U shaped stone benchtop that doubles as a breakfast bar! Above – there is a suite of cupboards perfect for kitchen storage and holding anything from appliances to ingredients to 32 bottles of wine in the built in wine rack. Behind – wrapping around the full length of the benchtop, is a white tile splashback which helps to make clean-ups a breeze. The benchtop also hosts a metal double sink, built in electric oven, stovetop and rangehood, and a dishwasher.

Be wowed with a primary bedroom that flaunts full 180 degree views from floor to ceiling glass that opens up to the apartments private balcony, carpet flooring and plenty of powerpoints, a deep walk through robe, and a feature packed ensuite bathroom. This is a massive ensuite bathroom with a glass walled shower, extra wide vanity and matching full width mirror, a toilet, and a spa bath. Your morning routines will be a luxurious pleasure here.

The secondary bedroom is also well equipped – with carpet flooring, strategically placed windows to maximise natural light, direct access to the second bathroom (acts as an ensuite), and a double door built in robe. The secondary bathroom features a glass and tile walled shower, modern vanity with stone benchtop that matches the kitchen and other bathroom, a toilet, and a built in laundry – accessible via sliding doors. In a world where so many units have to use a common building laundry, enjoy having your own tucked away inside your unit! There’s space for a washing machine, dryer and laundry sink too.

Flow onto the balcony, which overlooks Mounts Bay Road with views of green parkland towards the Swan River, and views directly of Perth City. The balcony enjoys a comfortable 15 square metres, and has a glass railing, tile flooring and outdoor lighting too. There’s direct access from both the primary bedroom and the living space.

The home is located opposite John Oldham Park, and backs onto Kings Park. Wow – what a backyard! Public transport is available via bus stops along Mounts Bay Road itself, and there are bus, train and ferry stops all within a short walks distance! All the wonders of Perth CBD are a moments walk away – the world of Perth is your oyster here. Don’t miss out on this bountiful location and property, perfect for a buyer seeking to move in themselves or have an attractive rental investment property. Contact HouseSmart today.