288.5K Apartment with MASSIVE 7.93% Rental Yield

$288,500

This property is a 1-bedroom, 1-bathroom, 1-car space ground-floor Apartment. This property boasts a brand-new renovation, guaranteeing a modern and stylish living space. It is situated on the ground floor, providing easy access to the courtyard. The modern kitchen comes equipped with a gas cook plate, ample storage space, and a clever dining/breakfast bar. Additionally, there is a spacious bedroom featuring built-in shelves and ample room for either a study area or extra storage. The bathroom is adorned with stylish tiles and includes a shower, along with combined laundry facilities. For added security, the property offers intercom access. Furthermore, it is located within a secure and tranquil complex comprising 40 units, ensuring a peaceful living environment.

Situated just a quick 6-minute drive from Perth CBD and a short 15 minutes from the nearest beach, this property is also within walking distance to a sports stadium, cafes/bars, retail precinct, and train station. It is also just 1.5km from a growing cultural hub and festival location, ensuring plenty of entertainment options for tenants. Additionally, there is convenient access to the freeway and a direct route to the hospital.

Priced at just 288.5k, this one-bedroom Apartment boasts a rental income potential ranging from $390p/w to $440p/w, equating to a remarkable rental yield of up to a MASSIVE 7.93%!