5/17 Proclamation Street, Subiaco WA 6008

There's more than meets the eye with this lovely, established unit situated in central Subiaco. A great investment opportunity or a wonderful entry into the lifestyle on offer in Subiaco.

Located in a small complex of only 6 units, the building is located on a double-sized block, allowing for a lots of space for surrounding established trees and greenery while providing a buffer for the residents from the street.

From an investment perspective, the unit has been rented for the entirety of the current 12-year ownership, save for a couple of weeks. The property features two bedrooms, one bathroom, a private balcony, air conditioning, gas cooking and a car space off the right-of-way at the rear. The floor space is just over 55sqm. The unit next door has just recently been advertised for lease at $350/pw.

The possibility is also open for some modernisation and renovation, with some fairly basic alterations possible to open up the floor space, and help you maximise your nest egg.

Location-wise it is a short stroll to the Rokeby Road cafe strip, as well as convenient to restaurants, bars, and public transport. On the doorstep of Kings Park and easy access to West Perth and the CBD/Northbridge. School Catchments are the highly regarded Subiaco Primary School and Bob Hawke College.

A shrewd investment for the discerning buyer. Get in touch to find out more.

RATES
Strata: $936/per quarter (Administrative Levy: $852.72 + Reserve levy: $83.28)
Council: $1,667.33/pa (approx)
Water: $1,028.28/pa (approx)