Back 1/50 Cambridge St
Off Market

1/50 Cambridge St

West Leederville WA 6007

2
1
1
55 m²
Apartment
James AlessiJames Alessi, last sold this property on 08 February 2024 after 2 days on market.

Overview

URBAN LIVING AT ITS BEST

Discover the epitome of comfort and convenience in this charming 2 bedroom, 1 bathroom ground floor unit, perfectly situated for a lifestyle of ease and accessibility. Nestled in a prime location, this residence offers a seamless blend of modern living and urban convenience. A fantastic opportunity for the savvy investor, downsizer or first home buyer seeking an affordable way to enter the West Leederville market. Commute with ease, being located just moments away from major transport hubs, this residence is a commuter's dream. Whether you prefer public transport or have your own vehicle, you'll appreciate the convenience of quick and easy travel options. While also being in close vicinity to St John of God Subiaco Hospital, excellent schools and nearby to an abundance of local eateries and shopping. Currently tenanted for $460pw with a lease in place until the 27/03/2025. This equates to an 7.27% approx return on investment (this figure is not taking the annual outgoings into consideration). Inside the apartment, you will feel at home with the welcoming open plan concept - a cosy space to relax and unwind or socialise with friends and family. Featuring polished concrete flooring throughout, practical kitchen and access to your very own balcony. The accommodation comprises of main bedroom with wardrobe, second bedroom and an updated bathroom. Positioned in a pleasant complex, the facilities include glistening swimming pool, common laundry and secure parking with 1 under cover car bay allocated to this unit. Specifications include: - Approx 55m2 of internal Lot area - Open Plan living, dining & kitchen - 2 bedrooms with wardrobe to main bedroom - 1 modern bathroom - Balcony - 1 undercover car parking bay - Polished concrete floor throughout - Complex with pool & common laundry Location offers: - 400m (approx) to Leederville Train Station - 600m (approx) to West Leederville Train Station - 1km (approx) Bob Hawke College - 1km (approx) to Perth Modern School - 1.1km (approx) to St John of God Hospital - 1.2km (approx) to City West Centre Shopping - 2.5km (approx) to Perth CBD Annual rates & levies: - Council Rates: $1,300.13 p/a (approx.) - Water Rates: $957.96 p/a (approx.) - Strata Levies: $985.00 p/qtr (including reserve fund) Exceptional value - this property will not last long. Enquire today. *Please note: The floating laminate wood floor in the living area is not included in the sale of the property *Information Disclaimer: This information has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information provided. Enable Real Estate provides this information without any express or implied warranty as to its accuracy or currency. Any reliance placed upon this information is at the client's own risk. Enable Real Estate accepts no responsibility for the results of any actions taken, or reliance placed upon this information by a client.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
55 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in West Leederville over the last 12 months, the estimated median property value of 1/50 Cambridge St is $800k.

Median value
$800k
Estimated value range
$450k - $1.08m
Median days on market
12
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West Leederville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/50 Cambridge St

2024
Sold
08 Feb 2024 by James Alessi, of Enable Real Estate – Salter Point
2023
Rented
Undisclosed
Leased on 26 Feb 2023 by Cinch Management
2019
Rented
Undisclosed
Leased on 08 Jul 2019 by Benade Helman

Happy sellers in West Leederville

93%
93% of sellers in West Leederville reported that their sale price either exceeded or met their price expectations.

West Leederville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in West Leederville over the last 12 months.

Local market activity for 2 bedroom apartments in West Leederville

In the last 12 months, 17 two-bedroom apartments similar to 1/50 Cambridge St, have been sold.

This represents a 42% increase in two-bedroom apartments sales when compared to the previous 12 months.

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