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
