SoldJan 14, 2026

5/124 First Ave, Bassendean, WA, 6054

$630,000

2
2
1
63 m²
100 m²

Unit

30+ days on the market

Sold: Jan 14, 2026

What's around 5/124 First Ave

Modern Home with Large Balcony, A/C in Both Bedrooms, and Great Location!

Welcome home to this modern two-bedroom, two-bathroom apartment positioned in an elevated location, within a secure Bassendean complex. Offering a light-filled interior, large balcony with street views, and a contemporary design throughout, this home is perfectly positioned to be your next choice. The open-plan living area features split-cycle air conditioning and flows seamlessly to the private balcony, creating a bright and relaxed atmosphere ideal for entertaining or enjoying a morning coffee. The kitchen comes equipped with modern cabinetry, stainless steel appliances, and ample storage, while both bedrooms are generously suited with built-in robes and air conditioning. With a secure parking bay and a convenient central location, this apartment offers easy living close to Bassendean's shops, cafés, and transport links. Currently leased out, it offers an immediate investment opportunity. Property Highlights: • Two-bedroom, two-bathroom apartment • Elevated position within the complex • Spacious open-plan layout, leading out to balcony • Split-cycle air conditioning to the living area PLUS to both bedrooms! • Large windows for lots of natural light throughout • Kitchen with modern cabinetry, overhead rangehood, built-in oven, gas hotplates and stainless steel appliances • Large balcony with elevated street views • Both bedrooms feature mirrored built-in robes • Tucked- away internal laundry area • Allocated undercover single parking bay • Lockable storage room Investor Summary: • This property is currently leased on a fixed term basis until October 2026 for $650 per week, providing a great ongoing investment opportunity • At a purchase price of $629,000 and rent of $650/week, the estimated gross annual rental yield is 5.39% Rates & Fees Estimation: • Council Rates: Approx. $1,982.65 • Water Rates: Approx. $1,138.98 • Strata Fees: Approx. $668.35 / quarter Location Summary: • Central location in Bassendean, close to all amenities • 1km to Bassendean Train Station - direct access to Perth CBD • 1.6km to Coles Bassendean - with surrounding retail shops, cafe's, and restaurants • 400m to Ida Street Supermarket and Eden Hill Primary School • 1.5km to Anzac Terrace Primary School • Easy access to Guildford Road and Tonkin Hwy for commuting Providing excellent flexibility and instant appeal, whether you’re looking to move in or secure a reliable investment, this apartment combines comfort, convenience, and excellent value. Contact Adam Bettison on 0409 929 128 today for more information or to book an inspection!

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