6/53 Leonard Street, Victoria Park WA 6100

De Freitas Ryan Residential are pleased to present to the market this well-presented 1-bedroom apartment in Victoria Park. An excellent investment opportunity, the property is situated in the heart of Victoria Park with easy access to the city, Optus Stadium and Curtin University. The cafes and restaurants of Victoria Park are also just a short walk away.

A very well-run strata company with multiple third-party sources of income such as laundry, roof rental and the strata own an apartment within the complex which is leased. This means lower strata levies for owners. The building has seen many upgrades over recent years and has a caretaker on-site.

Positioned on the ground floor in a safe and secure complex the apartment has an open plan living area with a well-sized master bedroom. The unit has its own private courtyard - perfect for BBQs with friends or simply relaxing with a good book.

The unit is currently rented and has been continuously for the past 15 years. The tenant is happy to continue at the property should it be purchased by an investor. The current rental estimate for this property is between $300-350 per week.

- Secure gated complex
- Undercover parking Bay
- Potential for strong rental yield
- Perfect city base
- Low maintenance
- Gas cooktop and hot water system
- NBN connected.
- Private courtyard
- Convenient location
- Split system air conditioning
- Communal laundry

Perfect as a first home, a low maintenance lock and leave city base or an excellent investment property in an easy to lease location with high rental yield.

Strata Fees: $440 p/q approx.
Rates $1475.90 per annum
Water $728.22 per annum

The property is currently tenanted on a periodic lease.

For more information contact Will Hammett on 0402 387 093 or Navid Heshmati on 0452 520 840.

*Please note that digital staging of furniture has been used for advertising purposes*

Information disclaimer: The terms of this information disclaimer apply to any content whatsoever (including, videos, sound files and computer code) ("Material") provided or made accessible by De Freitas Ryan to any person ("Recipient"). The Recipient is taken to agree to these terms when they receive the Material. De Freitas Ryan makes no statements, representations or undertakings to the Recipient or any other person in connection with the Material, including in relation to the ownership, legality, suitability, purpose, quality, accuracy, or completeness of the Material, and is not liable for any claim, loss or cost in connection with the same. De Freitas Ryan disclaims, to the extent permitted by law, all warranties, representations and guarantees in connection with the Material.