This is a superb apartment for savvy buyers who want an entry level price point into the "Prestigious Mount Street Precinct, with its many multi-million dollar apartments.
Designed by Robert Sheldon, a Viennese architect, and built in 1961; the iconic Melford Court has undergone a recent upgrade with a new lift and external works including new paint and landscaping.
The building sits on a large parcel of prime land on the fringe of the city and Kings Park accessed by secure entries from Mount Street and Malcolm Street.
This 7th-floor apartment has unimpeded city and river views, what an awesome place to take in the sky show. It had a new kitchen & bathroom a few years ago, has air conditioning in the living room, carpet in the second bedroom and two built in robes in the master bedroom. The entry, living room and main bedroom retain the original timber parquetry flooring. There is a good sized balcony off the living room.
The bonus with this particular apartment is that it is perfectly liveable and comfortable as is however a 60's style retro renovation with all the mod cons would truly unlock the potential for further capital growth. Why pay for someone else's renovation when you can have your own?
The lobby and extensive gardens are most welcoming and there is one allocated undercover parking bay in the secure car park plus onsite visitor bays.
You can enjoy a relaxed lifestyle taking in the panoramic views or stroll down the hill and across the footbridge into the city where you will find a huge range of entertainment venues from theatres and cinemas to small funky bars and cafes.
Alternatively, head up the hill to Kings Park and Jacobs Ladder for your daily exercise. The "New Perth" has so much to offer.
This truly is a great place to call home for owner-occupiers and highly rentable for investors.
Approximate Outgoings
Council rates: $1435 per annum
Water rates: $1090 per annum
Strata Levies: $1350 per quarter (includes reserve fund)
