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UNDER OFFER
Welcome to Jacaranda Gardens - a highly sought-after strata complex surrounded by stunning gardens and next to Herdsman Lake in the popular suburb of Wembley.
This unit is perfectly set up for an investor, with a long term tenant, returning a healthy rental income of $450 per week, a 5.4% ROI.
Built in 1971, this 1 x 1 x 1 property sits on 53m2 and offers air-conditioning, a large balcony overlooking established gardens, a large bedroom with built in robes, and European laundry.
The well-managed complex features neat and tidy communal gardens, is fully secured with gated entrances, BBQ facilities and a pool area. There are undercover parking facilities and plenty of visitor parking bays.
Features:
- Leased at $450 per week to a long term tenant
- Kitchen with gas and electric cooking
- Living & dining space leading onto your own private balcony
- Separate laundry area
- Spacious bedroom with built in robe
- Bathroom with shower, toilet and refurbished several years ago
- Full length balcony with sealed concrete floors, overlooking the stunning gardens
- Split air conditioner
- NBN
- Instant gas hot water
- Well managed complex with pool , BBQ and stunning communal gardens
- Herdsman Lake and beautiful parklands on your doorstep
- Close to shops, restaurants, cafes and public transport
- Close to the beach and Perth CBD
Outgoings:
* Strata Levies $2,739.20 per annum
* Water rates $879.12 per annum
* Council rates $1,544.37 per annum
Schools: Wembley Primary School - 0.55km; Lake Monger Primary School - 1.28km; Churchlands Primary School - 1.45km; Churchlands Senior High School - 2.37km.
With the value of units this close to the Perth CBD on the rise, 88/99 Herdsman Pde, Wembley is perfectly suited for the investor, with low outgoings and a quality sitting tenant at settlement.
We are currently looking for offers on this property - don't miss out! Contact us for more details or to schedule a private viewing today.
Disclaimer: While we take great care in preparing our marketing information, Century 21 is not responsible for any typographical errors. Buyers are encouraged to conduct their own due diligence, and we do not assume responsibility for the accuracy of the information. Interested parties should perform their own investigations to verify accuracy.
Property features
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Carports
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Property snapshot by reiwa.com
This property at 88/99 Herdsman Parade, Wembley is a one bedroom, one bathroom apartment sold by Liesa Leddick at Century 21 River Residential on 06 May 2025.
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: $1,700 / year
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
$2.5m
Median
$1.9m
Low end
$1.7m
This listing
6.6 %
Annual growth
$1.9m
Annual median sales price
$950pw
Annual median rental price
