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Top Floor Boutique Apartment in Prime Wembley Location
This renovated first-floor apartment, part of an exclusive boutique complex of just 8 residences, enjoys an unbeatable location between the beach and the city. Nestled quietly off Cambridge Street, it's filled with natural light and a wonderful sense of space. Set on a substantial 1,123 sqm block, the redevelopment potential here is excellent; as one of just 8 apartments, you’ll enjoy a larger share of the land value—making it an ideal long-term investment.
Features:
- Brand new kitchen cabinet doors & panels replaced in November 2024, totalling $3,500
- Windows in all rooms including bathroom
- One spacious bedroom with mirrored built-in robe
- One well-appointed bathroom with shower recess, WC, washing machine, and dryer
- Modern kitchen with oven, 4-burner gas stovetop, dishwasher, fridge, microwave and separate pantry
- Light-filled lounge and meals area opening onto a private balcony
- Reverse cycle air conditioning in the lounge
- Secure gated access and undercover car bay
- Common laundry and shared lawn area at the back of the complex
Prime Location Highlights:
- Walk to a vibrant selection of bars, cafes, and restaurants along Cambridge Street
- Easy access to both the city and the beach, with excellent transport options nearby
- Close to St John of God Hospital, Subiaco Square, and local shopping including IGA
- Plenty of nearby parks like Lake Monger, Henderson Park, and Subiaco Common
- Nearby neighbourhood favourites include Albert’s Bar, Flipside Burgers, Pizza on Cambridge, Mooba Café, and the iconic Wembley Hotel
Enjoy the perfect blend of convenience and lifestyle in this beautifully presented apartment, where everything you need is just steps away. Don't miss out—contact us today to arrange a viewing!
RENTAL:
Currently leased to fantastic tenants at $480/week expiring on 8th May 2025. Our current rental appraisal estimates we would expect to receive tenant interest up to $500 per week, making it a smart choice for savvy investors.
Council Rates: Approx $1,323 per annum
Water Rates: Approx $901 per annum
Strata Fees: Approx $777 per quarter
Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Property features
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Air conditioned
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Carports
1
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Floor area
43m2
Property snapshot by reiwa.com
This property at 7/389 Cambridge Street, Wembley is a one bedroom, one bathroom apartment sold by Pat Leclezio and Larry Smith at Caporn Young Estate Agents Pty Ltd on 06 Nov 2024.
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.
Cost breakdown
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Council rates: $1,323 / year
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Water rates: $901 / year
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Strata fees: $777 / quarter
Nearby schools
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
15.9 %
Annual growth
$1.7m
Annual median sales price
$850pw
Annual median rental price
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