Perfectly positioned in the heart of one of Perth's most popular inner-city suburbs, 15/29 Tenth Avenue presents an affordable entry into the Maylands market with an income already in place and plenty of potential for the future.
Located on the first floor, this roomy two-bedroom apartment offers a functional open-plan living, dining and kitchen area with room for plenty of furnishings as well as an updated bathroom with adjoining laundry. No need for a laundromat here!
Astute investors will realise that this home presents a unique opportunity to renovate to create something truly special to live in or sell as a flip.
In the meantime, the property is currently leased at $425 per week until 19 April 2027, providing immediate rental income from settlement with the existing tenancy continuing through to the end of the fixed term.
The location is the real standout. Maylands Train Station and the cafés, restaurants and shops of the Eighth Avenue and Whatley Crescent precincts are within easy walking distance, with Beaufort Street, Mount Lawley, the Swan River and Perth CBD all close by.
For investors looking for an established rental in a highly convenient location, or renovators prepared to play the longer game, this is an affordable Maylands opportunity with plenty still left to unlock.
FEATURES YOU'LL LOVE:
Approx. 56sqm internal living
Elevated position
Open-plan living and dining
Functional kitchen with electric cooking
Updated bathroom with internal laundry
Split-system air conditioning
Ceiling fan to living area
Private balcony
Allocated car bay
INFORMATION YOU'LL NEED:
Currently leased at $425 per week until 19 April 2027
Strata fees approx. $875 per quarter
WHATS NEARBY:
Maylands Train Station
Beaufort Street / Railway Parade lifestyle strips
Mt Lawley Hospital
Perth CBD / Perth Airport
Parks / Rec. Centres
Morley Galleria (Re-opening 2027)