48/537 William Street, Mount Lawley WA 6050

1 Bedroom Studio Apartment Leased At $26,000 Per Annum

An opportunity not to be missed at this price point and rental return!

Well-presented 1 Bedroom/ Studio apartment in the highly popular and sought after suburb of Mount Lawley and with views of the city skyline and the iconic Hyde Park.

Key Property Features:
• Open plan studio style apartment (Potential to separate the bedroom area from the living space)
• Upgraded kitchen and bathroom
• Timber flooring in the bedroom/ living area
• Lift access
• Secure Parking: 1 allocated car bay within a gated and secure parking area
• South-facing balcony

Tenancy and Investment Details:
• Rent: $500 per week / $26,000.00 per annum
• Lease Term: Currently leased until 21 June 2026
• Net Return On Investment: 7.5% (Approx.)

Outgoings:
• Council Rates: $1,723.00 per annum
• Water Rates: $1,030.00 per annum (Approx.)
• Strata Levy: $1,584.00 per quarter (Administration Levy: $1,154.00 per quarter & Reserve Fund Levy: $430.00 per quarter)

Location Highlights:
• Approximately 2 km from Perth CBD
• Easy access to public transport and to the freeway
• Short stroll to the vibrant Beaufort Street strip with a huge variety of cafes, bars and shops
• Hyde Park is directly across the road

Contact Con Paioff on 0407 947 449 or at [email protected] for more information or to book a viewing.

Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified. Please note, that some images have been modified and some virtual furniture and fittings are for illustration purposes only.