Back 402/5 Shenton Road
Active

402/5 Shenton Road

Claremont WA 6010

2
2
1
71 m²
105 m²
Apartment
Currently for sale - view listing

Overview

Investor Opportunity - $950 Per Week Rental Return in Prime Claremont Location

**INVESTORS ONLY - Currently leased at $950 per week until August 2027.** Positioned on the fourth floor of the highly regarded **The Essence** development, this beautifully presented 2-bedroom, 2-bathroom apartment offers investors an excellent opportunity to secure a quality property with an established tenant and strong rental return. Currently achieving **$950 per week with a lease in place until August 2027**, the property provides immediate rental income from settlement, making it an attractive addition to any investment portfolio. The apartment features a light-filled, functional floorplan with engineered timber flooring, 2.7m high ceilings and floor-to-ceiling double-glazed windows. At the heart of the home is a stylish designer kitchen featuring stone benchtops and premium Miele appliances, flowing seamlessly into the open-plan living and dining area and private balcony. Both bedrooms are generously sized with built-in robes, while two modern bathrooms feature full-height tiling and quality stone vanities. ### Property Features: * **Currently leased at $950 per week** * **Lease secured until August 2027** * Investor opportunity with immediate rental income * 2 spacious bedrooms with built-in robes * 2 modern bathrooms * Designer kitchen with stone benchtops * Premium Miele appliances * Open-plan living and dining * Engineered timber flooring * Floor-to-ceiling double-glazed windows * 2.7m high ceilings * Reverse-cycle ducted air conditioning * Internal laundry with dryer * Generous private balcony Residents also enjoy access to an impressive rooftop entertaining area featuring lounge and dining spaces, chef's kitchen, BBQ facilities and wine storage. Located directly opposite Claremont Train Station and within walking distance of Claremont Quarter, cafés, restaurants and local amenities, this is a premium investment in one of Perth's most desirable locations. **Strata Fees:** Approximately $1,488.60 per quarter With a strong **$950 per week rental return and a secure lease through to August 2027**, this property presents an outstanding opportunity for investors seeking immediate income in a premium Claremont location.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
71 m² floor area
105 m² lot size
Apartment

Property history for 402/5 Shenton Road

2023
Rented
Undisclosed
Leased on 29 Jun 2023 by Professionals Property Plus Canning Vale/Thornlie
2020
Sold
Undisclosed
Private Sale/Treaty on 18 Mar 2020 by Vicky Yang, of Professionals Property Plus Canning Vale/Thornlie

Happy sellers in Claremont

91%
91% of sellers in Claremont reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 45 reviews in Claremont over the last 12 months.

Local market activity for 2 bedroom apartments in Claremont

In the last 12 months, 45 two-bedroom apartments similar to 402/5 Shenton Road, have been sold.

This represents a 28% increase in two-bedroom apartments sales when compared to the previous 12 months.

© 2026 RateMyAgent