47/40 Cambridge Street, West Leederville WA 6007

Charming 1 bedroom unit in prime West Leederville location.

Welcome to 47/40 Cambridge Street, a delightful 1-bedroom unit nestled in the heart of vibrant West Leederville. This charming property offers a perfect blend of comfort and convenience, making it an ideal choice for first-home buyers, investors, or those seeking a low-maintenance lifestyle.

Property features:

- Open plan living with a total living area of 45 sqm (not including the exclusive-use balcony accessed from the bedroom), this unit maximizes space and offers a comfortable living environment without compromise.
- Split system airconditioner to bedroom.
- Secure parking behind a locked security gate.
- Situated in the sought-after suburb of West Leederville, you'll be just moments away from local cafes, shops, parks, and public transport, ensuring everything you need is within easy reach.

Built in 1969, this unit combines classic charm with modern living, offering a unique character that sets it apart. Whether you're looking to invest in a thriving area or find your first home, this unit offers an incredible opportunity to enjoy the benefits of West Leederville living including:

- 2.6kms to Perth CBD
- 300m walk to Leederville train station
- 4 min walk to Green CAT bus stop that leads into the city
- 500m walk to the local Coles
- 500m walk to Leederville cafe strip

Council Rates: Approx. $1305 per annum
Water Rates: Approx. $885 per annum
Strata Fees for 2024/25: $876.50 per quarter
(Admin Fund $676.50 + $200 Reserve Fund)

Currently leased under-market at $350/week ending in April 2025, the current market rate is $400-$450 per week providing a great rental yield, with renovated units in the complex achieving $500+/wk! A little imagination and a bit of sweat equity can turn this pocket rocket into a high rental yield property or a perfect place to call home.

Don't miss out on this fantastic property! Contact us today to arrange a viewing and discover the potential that awaits you at 47/40 Cambridge Street. Your new home or investment opportunity is just a phone call away!

**Please note: If attending home opens, there is parking available nearby at the Leederville Town Hall (EasyPark lot 31001).**

DISCLAIMER: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.