Ideally positioned on Level 7 of the well-maintained Bey Apartments, this bright and low-maintenance studio represents a rare opportunity for investors seeking strong returns with minimal hassle. With ultra-low strata levies, a secure lease in place until April 2026 and a location that consistently appeals to quality tenants, this is a set-and-forget asset in one of Perth’s most connected urban precincts.
Tenants are drawn to the lifestyle on offer, just steps from Wellington Square, the Swan River foreshore, Matagarup Bridge, Langley Park, and direct CAT bus access to the CBD and Claisebrook Cove. The area’s walkability and proximity to dining, shopping, and major employment hubs ensure enduring rental demand and strong occupancy rates.
The Details That make The Difference:
- Current lease in place $425 PW until April 2026
- Low Strata Levies
- Reliable rental income and strong tenant appeal
- 29sqm of internal living with functional flow and abundance of natural light
- North facing studio apartment
- Located in a highly sought-after East Perth precinct
Complex amenities:
- Secure complex with controlled entry
- On site shared laundry facilities (in addition to internal laundry)
- Secure allocated car bay
Location Highlights:
- CAT bus stop at your doorstep
- 400m to Wellington Square Park
- 2.1km to Optus Stadium
- 1.6km to Elizabeth Quay & the Swan River
- 1.1km to Claisebrook Cove
- 1.3km to Perth CBD
The Numbers:
- Strata Admin: $485.67 p/q
- Reserve Fund: $110.58 p/q
- Council Rates: $1,301.35 p/a
- Water Rates: $890.10 p/a
With its low ongoing costs, secure tenancy and strong location fundamentals, this is a set-and-forget investment in a growing precinct.
Contact Josh Roberts on 0403 879 855 or email jroberts@arenare.com.au or contact Josh Byrne-Quinn on 0424 050 691 or email jbyrnequinn@arenare.com.au for more information or to arrange your private inspection.
