Studio Apartment

Looking for an entry level first home or a smart investment opportunity close to the Perth City? 5/15 King George Street, Victoria Park is a well located studio apartment on the first floor with street level entry from King George Street. The group has only 23 apartments spread out over 4 levels, plus a communal laundry on the ground floor.

Situated just moments from the vibrant Albany Highway café and shopping strip, this property offers an unbeatable lifestyle with an array of restaurants, shops, and a shopping centre within walking distance. Public transport options are easily accessible, and the new Boorloo pedestrian bridge over Heirisson Island provides a direct walking route into the city.
The apartment comes furnished, allowing you to move in straight away or rent it out as is. For those looking to add value, a renovation could transform this space into a modern, high yield investment, with potential rental returns of up to $400 per week. Secure parking is available at the rear of the group off the laneway, with a gated vehicle entry and an unallocated parking bay. The property is also NBN fibre-connected, ensuring fast and reliable internet access.
With its prime location and strong rental potential, this is a great opportunity to secure an affordable home or an excellent investment.

Council rates: $1,495 per year.
Water rates: $752 per year.
Strata levy: $701.62 per quarter comprising of $459.68 admin levy and $241.94 reserve fund levy.

Property ID: 1357566