7/7 Midgley Street, Lathlain WA 6100

Invest and Prosper!

Conveniently situated within easy walking distance of stunning Burswood Park, our picturesque Swan River, Crown Towers and its neighbouring casino and entertainment complex, our world-class Optus Stadium, bus stops and even Burswood Train Station, this terrific one-bedroom one-bathroom upper-level apartment doesn't only benefit from a wonderful location in an established and leafy complex, but also doubles as the perfect investment property - or Airbnb short-term rental option - due to its promising income-earning opportunities.

Currently rented until March 2022, the established tenant's gross yield sits around 5.7%, with scope for even stronger returns should you eventually decide to go down the Airbnb path. As for the apartment itself, the interior is light, bright and stylish, with a comfortable kitchen headlining a welcoming open-plan living and dining area that also plays host to a pantry, double sinks, tiled splashbacks, additional over-head storage and a contemporary electric-upright cooker. Space for a potential study nook also complements low-maintenance timber-look flooring for good measure.

An adjacent door introduces a large carpeted master-bedroom suite with a built-in wardrobe and a combined ensuite/laundry - shower, vanity, toilet, washing machine and all you need. Out front, a gated balcony area doubles as the residence's entrance and is the perfect place to sit back, relax, unwind and enjoy the lush outlook from.

At ground level, your own single allocated car bay is neighboured be a designated storage area. There is also room for visitors to park on the other side of the complex's security gate that ensures overall peace of mind.

The unit also finds itself nestled very close to the Causeway, the city, bars and entertainment hotspots, schools, shopping, Perth Airport, Ascot Racecourse and Victoria Park's vibrant café and restaurant strip. It really is close to absolutely everything!

Currently Tenanted Until March 2022 at $250/week.
Ongoing Strata Outgoings estimated at $510/quarter.

Other features include, but are not limited to;

• Secure gated complex
• Split-system air-conditioning
• Feature skirting boards
• Kitchen security screen
• Internal electric hot-water system
• Residence Area - 35sqm (approx.)
• Balcony Area - 18sqm (approx.)
• Car Bay Area - 14sqm (approx.)
• Storage Area - 4sqm (approx.)
• Total Area - 71sqm (approx.)

Disclaimer - Whilst every care has been taken in the preparation of this advertisement, all information supplied by the seller and the seller's agent is provided in good faith. Prospective purchasers are encouraged make their own enquiries to satisfy themselves on all pertinent matters.