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Overview
2/8 Waterloo Street
This outstanding villa presents a fantastic opportunity in the highly sought-after inner northern suburb of Joondanna. Situated just steps from the vibrant Mt Hawthorn cafe strip, it offers convenient access to the Perth CBD and Osborne Park employment hub, making it an ideal location for a variety of buyers including first home buyers, couples, city-based professionals, downsizers, and investors.
The villa is one of eight properties within a well-maintained single-level strata scheme, constructed with popular double brick and tile materials that ensure low maintenance living. The property boasts a comfortable 72 square meters of floor space complemented by a carport located right at the door for easy vehicle access.
Inside, the villa features two generously sized bedrooms and a large living room that provides ample space for relaxation and entertaining. Comfort is enhanced by reverse cycle air conditioning installed in both the living area and the master bedroom, ensuring year-round climate control.
The kitchen is well-appointed with plenty of cupboard space, making meal preparation convenient and efficient. Adjacent to the kitchen is a separate dining area, perfect for family meals or hosting guests. The villa also includes a separate bathroom, laundry, and a separate water closet, adding to the functionality of the home.
Outdoor living is catered for with a private paved courtyard, offering a secure and low-maintenance space for outdoor activities or quiet enjoyment.
Currently, the property is leased to excellent tenants until November 20th, 2026, providing a steady rental income of $625 per week. This makes it a sound investment opportunity with the flexibility to move in after the lease term or continue leasing for ongoing returns.
Additional costs include strata administration fees of $533.75 per quarter and a strata reserve fund contribution of $165.25 per quarter. Council rates are approximately $1,673 per annum, and water rates are around $1,098 per annum.
Due to the tenancy, viewings are limited and are best attended during scheduled home opens, respecting the tenants' privacy and convenience.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Joondanna WA 6060
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 72 m² |
Market Insights for Joondanna WA 6060
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