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Overview
This well-maintained apartment is a leased investment property located in Wembley, offering an excellent gateway location that appeals to buyers looking for proximity to both the city and the coastline. The complex enjoys gated security and is known for its convenient access to local amenities including shops, trendy cafés, hotels, and parks, all within walking distance, removing the need for a car in daily life. Regular public transport at the doorstep further enhances connectivity.
The apartment features an open-plan living space that seamlessly integrates with the kitchen area and extends to a private balcony, providing a comfortable indoor-outdoor flow ideal for relaxation or casual entertaining. With one bedroom and one bathroom, it caters efficiently to singles, couples, or investors seeking a manageable yet appealing property.
The strata complex is well managed, contributing to the property's appeal as a secure, low-maintenance option in a sought-after suburb. Being tenanted at $280 per week until August 2023 makes it attractive for investors searching for immediate rental returns.
Strategically positioned, this property is approximately 510 meters from local shops, 1 kilometer from Subiaco CBD, 1.1 kilometers from Lake Monger, 3.8 kilometers from Perth CBD, and 6.3 kilometers from the coastline, providing an excellent balance of urban convenience and recreational opportunities.
Local Market Insights
In Wembley, Quiet Listings observed 10 new apartments entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $508,000. The property type mix of listed properties is predominantly Apartments at 50%, followed by commercial properties (25%), and houses (20%). Haiven Property was the most active agency in this area, representing 47.1% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Wembley WA 6014
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 38 m² |
Market Insights for Wembley WA 6014
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