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Back 111/3 Mends Street
Off Market

111/3 Mends Street

South Perth WA 6151

1
1
74 m²
82 m²
Apartment
Tony de GraafTony de Graaf, last sold this property on 26 October 2025 after 74 days on market.

Overview

INVESTORS DREAM

Do you want a long term tenancy in an iconic, award winning near new development with super low strata fees? Look no further. This Civic Heart apartment is Investor Gold right in the Heart of South Perth. With a current lease at $690 per week until March 2027 and ultra-low strata fees at only $500 per quarter, 111/3 Mends Street should at the top of every investors shopping list. Step into a world of sophistication with this stylish one-bedroom, first floor, light filled residence in the heart of South Perth's coveted Mends Street precinct. Completed in 2024 and boasting hotel-style finishes throughout, this first-floor apartment combines contemporary elegance with a premium lifestyle and outstanding investment appeal. From the moment you enter, you'll be captivated by the seamless open-plan design, engineered timber flooring, and sleek, high-spec interiors. The kitchen is a standout, appointed with reconstituted stone benchtops and splashback, Siemens appliances, and Villeroy & Boch tapware. A generous living and dining area flows effortlessly into your private west-facing 11sqm sunroom - an ideal space for a morning coffee or winding down at sunset. The bedroom features a built-in robe and sits adjacent to a spa-like bathroom with designer fittings. Ducted reverse-cycle air conditioning, double-glazed windows, and an intercom system complete the offering. Investors will appreciate the set-and-forget appeal: a long-term tenant is in place with a desire to extend the occupancy. This is luxury living with numbers that stack up. The apartment also includes a rare combination of a 5sqm storeroom on the same level, plus a secure motorbike/scooter bay on Level 3. Premium resort-style amenities include: • Heated 25m swimming pool • Two fully equipped gymnasiums + outdoor fitness area • Private dining room, library, and two theatres • Pool lounge, games room, and fire pit • Sauna, steam rooms, and massage rooms • Kids' playroom and outdoor play space • Dog play area & wash station • Level 37 Sky Deck with rooftop entertaining and private dining rooms • Herb garden, grilling station, and putting green Location Highlights: • Moments from the South Perth Ferry Terminal and foreshore • Walk to cafés, restaurants, and boutiques in the Mends Street precinct • 220m to Perth Zoo, 2.7km to Kings Park, 2.9km to Elizabeth Quay • Easy access to Crown Casino, Northbridge, and major transport links • One of South Perth's most walkable, tenant-friendly locations Internal area | 63m Sunroom | 11m Storeroom | 5m Scooter parking | 3m TOTAL | 82m City of South Perth - $2,623 p/a Water Corporation - $1,530 p/a Strata fee (admin) - $477.63 p/q Strata Fee (reserve) - $27.23 p/q

Features

1 bedroom
1 bathroom
74 m² floor area
82 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Perth over the last 12 months, the estimated median property value of 111/3 Mends Street is $580k.

Median value
$580k
Estimated value range
$331k - $760k
Median days on market
12
Estimated value trend
37%
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 111/3 Mends Street

2025
Sold
26 Oct 2025 by Tony de Graaf, of Bourkes
2024
Rented
Undisclosed
Leased on 26 Sep 2024 by Joyce to Rent

Happy sellers in South Perth

89%
89% 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 52 reviews in South Perth over the last 12 months.

Local market activity for 1 bedroom apartments in South Perth

In the last 12 months, 32 one-bedroom apartments similar to 111/3 Mends Street, have been sold.

This represents a 37% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Perth

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Dean Sims

Sellers who recommend Dean Sims have praised them for being local expert, clear communication, responsive, friendly, supportive, well-prepared and honest

  •   5   (342 reviews)
  •  8 Reviews in South Perth
  •  23 Sales in South Perth
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David Coldham

David Coldham is an award winning recommended agent for South Perth.  They have 7 local sales and collected 7 local reviews across the last 12 months.

  •   5   (231 reviews)
  •  7 Reviews in South Perth
  •  7 Sales in South Perth
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Tony de Graaf

Sellers who recommend Tony de Graaf have praised them for being clear communication, local expert, responsive, honest, friendly, well-prepared and supportive

  •   4.9   (347 reviews)
  •  4 Reviews in South Perth
  •  10 Sales in South Perth
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Agatha Hong

Agatha Hong is a recommended agent for South Perth.  They have 3 local sales and collected 5 local reviews across the last 12 months.

  •   5   (12 reviews)
  •  5 Reviews in South Perth
  •  3 Sales in South Perth
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