Securely leased to an excellent long term tenant until October 2026, with a reliable $380 per week income, this well kept, 1983 built studio unit offers a simple, functional floorplan and a surprisingly spacious feel. Complete with a large rear undercover entertaining area this property is an ideal choice for investors, first home buyers or downsizers willing to wait for the lease to expire.
Set in an ultra convenient location opposite a quiet park and within easy walking distance to Challis Train Station, Armadale Hospital and the Kelmscott Town Centre shopping precinct, it’s a spot where you genuinely don’t need a car. That said, the property includes tandem parking for two vehicles (one undercover) plus space for a small boat.
Opportunities like this are incredibly rare – a 1-bedroom studio unit on a 200sqm strata lot (with no strata fees) priced less than most apartments.
This will not last long.
Key Features include:
* Cosy open-plan living with combined lounge/dining/bedroom
* Good-size kitchen with gas cooktop and electric oven
* Separate bathroom with shower, sink and toilet
* Separate laundry
* Split system air conditioner
* Own undercover parking bay plus space for 2 more vehicles
* Private rear undercover entertaining area
* Lockable storage shed
* NO STRATA FEES
* Built in 1983
Property Code: 265
assignmentLooking for more information on 38A Schruth Street North?
Explore comparables, sales history and growth for this property.