Back 63/50 Cambridge St
Off Market

63/50 Cambridge St

West Leederville WA 6007

1
1
1
Apartment
Jay HarrisonJay Harrison, last sold this property on 28 January 2024 after 4 days on market.

Overview

LEASED INVESTMENT OPPORTUNITY

Welcome to Cambridge Court! This neat apartment is located on the sixth floor of a friendly, convenient apartment complex on the fringe of Perth CBD. With the same location benefits of multi million dollar homes at just a fraction of the cost, this apartment is perfect for all types of buyers and ticks all the boxes when it comes to both lifestyle and investment. APARTMENT FEATURES - Renovated kitchen - Reverse cycle air-conditioning - Freshly painted bright and white - Upgraded lighting - Secure parking - Complex has pool and lift INVESTMENT HIGHLIGHTS - Leased for $395 per week - Estimated Gross Rental Yield 7.6% - Tenant until January 2025 LOCATION BENEFITS City views Closest bus stop (100m) Community garden (100m) Leederville Train Station (300m) West Leederville Shopping Centre (400m) Nowhereman Brewery (450m) ASSOCIATED COSTS Water Rates: $895.31pa (approx) Council Rates: $1,285.62 pa (approx) Strata Admin: $605.00 pq (approx) Strata Reserve: $72.60 pq (approx) Temporary Lift Upgrade Levy: $30.25 pq (approx) The market is moving quickly so buy now, collect some rental income and take your time moving rather than having to deal with a crazy property market! Contact Jay Harrison on 0420 512 987 Disclaimer: The information in this advertisement has been provided by sources we deem to be reliable. We do not accept any responsibility to any person/s for its accuracy. All interested parties should rely on their own due diligence enquiries to verify any information provided in this advertisement.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in West Leederville over the last 12 months, the estimated median property value of 63/50 Cambridge St is $470k.

Median value
$470k
Estimated value range
$317k - $740k
Median days on market
21
Estimated value trend
38%
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 63/50 Cambridge St

2024
Sold
28 Jan 2024 by Jay Harrison, of hohm Property Group
2023
Rented
Undisclosed
Leased on 25 Jan 2023 by hohm Property Group
2023
Rented
Undisclosed
Leased on 16 Jan 2023 by hohm Property Group

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 1 bedroom apartments in West Leederville

In the last 12 months, 17 one-bedroom apartments similar to 63/50 Cambridge St, have been sold.

This represents a 47% increase in one-bedroom apartments sales when compared to the previous 12 months.

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