Sold Property
$240,000
Lewis McMahon Harcourts Empire
'This unit will be sold with a sitting tenant and fixed lease of at least 6 months with a guaranteed rental return at $310 per week ($16,000 per annum), offering a 6.5% gross return on the asking price.'
Welcome to Sunset Apartments, and the last remaining opportunity within the complex to secure a leased 1 bedroom, 1 bathroom apartment from the original developer, having just sold Units 1 and 2 respectively within days of being listed.
With construction costs increasing further in the New Year, and population growth tipped to rise once borders open in February to fill the ever growing staff shortages across Perth, REIWA have forecast a further growth of 10-14% for established housing within the Perth market for 2022.
Now is the perfect opportunity to grab a set and forget investment with annual returns that will be difficult to beat in any market, especially for anyone looking at investing in Perth from the East coast. The unit also has an established property manager offering a competitive package as the complex specialist.
Highlights Include;
- Long term tenant with guaranteed rent at $310 per week
- Transport, Shopping and Schools all within walking distance
- Coastal location with Eden Beach 1.2km away
- Quality fittings & fixtures with complex built in 2015
- Internal laundry
- Spilt Reverse Cycle A/C
- Secure undercover parking with storeroom
- Just 6.5km from the pending freeway extension
- Low Strata Levies at Approximately $450 per quarter
For more information, or to arrange an inspection please contact Lewis McMahon today.
* Please note the configuration of Unit 5 does differ slightly from the photos provided.
Property ID: #WEM3828
Office
Sold Property
'This unit will be sold with a sitting tenant and fixed lease of at least 6 months with a guaranteed rental return at $310 per week ($16,000 per annum), offering a 6.5% gross return on the asking price.'
Welcome to Sunset Apartments, and the last remaining opportunity within the complex to secure a leased 1 bedroom, 1 bathroom apartment from the original developer, having just sold Units 1 and 2 respectively within days of being listed.
With construction costs increasing further in the New Year, and population growth tipped to rise once borders open in February to fill the ever growing staff shortages across Perth, REIWA have forecast a further growth of 10-14% for established housing within the Perth market for 2022.
Now is the perfect opportunity to grab a set and forget investment with annual returns that will be difficult to beat in any market, especially for anyone looking at investing in Perth from the East coast. The unit also has an established property manager offering a competitive package as the complex specialist.
Highlights Include;
- Long term tenant with guaranteed rent at $310 per week
- Transport, Shopping and Schools all within walking distance
- Coastal location with Eden Beach 1.2km away
- Quality fittings & fixtures with complex built in 2015
- Internal laundry
- Spilt Reverse Cycle A/C
- Secure undercover parking with storeroom
- Just 6.5km from the pending freeway extension
- Low Strata Levies at Approximately $450 per quarter
For more information, or to arrange an inspection please contact Lewis McMahon today.
* Please note the configuration of Unit 5 does differ slightly from the photos provided.
Property ID: #WEM3828
Lewis McMahon Harcourts Empire
Office Harcourts Empire
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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