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144 Central Avenue, Inglewood WA 6052

OFFERS

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$4.75M - $5M Medium Confidence Calculated based on our search observations.

Apartment 16 Beds 8 Baths 4 Cars 1012 m²

Listed: 46 days ago

Updated: 26 days ago

Overview

This unique investment opportunity comprises a fully leased, strata titled block featuring eight well-sized two-bedroom apartments situated on approximately 1012 square metres of land. Located less than five kilometres from the Perth CBD, the property caters predominantly to astute investors seeking steady returns combined with attractive proximity to key amenities.

The apartments average 60 square metres in internal living space, with one unit boasting a notably expansive courtyard complete with French doors that enhance natural light and outdoor access. The blend of unfurnished, semi-furnished, and fully furnished apartments, each with designated car parking and some with undercover options, offers versatility to tenants and stable occupancy rates.

Security is a key advantage, as the complex is fully secured, providing peace of mind for residents and owners alike. Additionally, air conditioning in every unit ensures year-round comfort, enhancing the rental appeal. The location benefits from convenient access to a variety of sporting facilities, hospitality venues, quality schools, shopping centres, and transport links, underpinning the property's strong tenant attraction.

Currently generating a gross rental income of approximately $268,320 per annum, the investment illustrates consistent revenue figures. Ongoing costs include Watercorp charges and local council rates, reflected in comparatively moderate annual expenses.

This block will suit investors prioritizing a well-maintained, secure asset in a sought-after urban setting with strong tenancy fundamentals and solid existing income streams.

Local Market Insights

In Perth - North West, Quiet Listings observed 59 new apartments entering the market over the last 30 days, up from 47 during the previous 30-day period, with an average advertised asking price of $658,931. The property type mix of listed properties is predominantly Houses at 72%, followed by villas (7%), and apartments (6%). The most active agency for apartments in the Perth - North West area is currently Harcourts, representing 8% of new listings. 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.

Change History

OFFERS 1 month ago
$4,960,000 23rd Sep 2026

Location

Market Insights for Inglewood WA 6052

New Listings (last 30 days)

Average price

$658,931

Lowest price

$400,000

Highest price

$2,200,000

144 Central Avenue, Inglewood WA 6052

OFFERS

Overview

Local Market Insights

Change History

Location

Market Insights for Inglewood WA 6052

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