Back 102/154 Mill Point Rd
Off Market

102/154 Mill Point Rd

South Perth WA 6151

2
1
1
67 m²
Apartment
Last sold for $420,000
Richard StaceyRichard Stacey, last sold this property on 19 February 2024 after 124 days on market.

Overview

Under Offer

Attention, savvy investors! Seize the opportunity to lock in an investment with existing tenants! This property comes with a lease in place until 27/11/2024, generating an impressive $450.00 per week. Plus, mark your calendars for a rent review on 02/07/2024, where the potential increase ranges from $490.00 to $530.00 per week! Now, imagine starting your day with a morning coffee while taking in the South/West beautiful views overlooking the Swan River from the 10th floor private balcony. Allow us to introduce this exquisite 2-bedroom, 1-bathroom apartment nestled in the vibrant heart of South Perth. As you walk into the apartment, you will be greeted with daylight streaming through the lounge, offering stunning views and a cleverly placed mirror on the back wall to enhance the sense of space. The master bedroom features a spacious layout and a generous double mirrored built-in-robe, while the second bedroom offers its own mirrored built-in-robe. The elegant main bathroom includes a corner shower and neutral tones, creating a tranquil retreat. The well-appointed kitchen provides ample storage, a gas cooktop, and a dishwasher for modern convenience. A an air-conditioning unit in the lounge controlled by a remote. Additional amenities include a fully equipped communal laundry with a washing machine and dryer, a common pool area complete with a gazebo and BBQ section for leisurely gatherings, and NBN readiness for seamless connectivity. Security and peace of mind are paramount, with an intercom system and on-site security, as well as a secured/gated resident car bay with remote access. Visitors will also find convenience with on-site visitor parking bays. Don't miss this opportunity to invest in the vibrant heart of South Perth while enjoying the serenity of riverfront living. Contact us today to arrange a viewing and make this apartment your next investment success! Disclaimer: It is important to note that the photos included in this marketing material are for illustrational purposes only. Whilst every care has been taken in the preparation of the information contained in this marketing, please be aware that Peak Central will not be held liable for any errors in typing or information. Please understand that all information contained in this marketing is considered correct at the time of printing. However, we cannot guarantee that the information will be accurate or up-to-date at the time of viewing or use. Therefore, we recommend that you exercise due diligence when reviewing this material before making any decisions based on the information.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
67 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Perth over the last 12 months, the estimated median property value of 102/154 Mill Point Rd is $775k.

Median value
$775k
Estimated value range
$440k - $1.61m
Median days on market
20
Estimated value trend
28%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Perth. 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 102/154 Mill Point Rd

2024
Sold
$420,000
Private Sale/Treaty on 19 Feb 2024 by Richard Stacey, of Peak Central Property Group
2022
Rented
Undisclosed
Leased on 21 Nov 2022 by Peak Central Property Group
2022
Sold
$410,000
Private Sale/Treaty on 24 Oct 2022 by Judy Duggan, of The Agency Perth

Happy sellers in South Perth

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

South Perth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in South Perth over the last 12 months.

Local market activity for 2 bedroom apartments in South Perth

In the last 12 months, 77 two-bedroom apartments similar to 102/154 Mill Point Rd, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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