18/1331 Hay Street, WEST PERTH, WA 6005

Description

Positioned on the 4th floor of a boutique complex, 18/1331 Hay Street offers a sophisticated urban lifestyle or a high-performing addition to your property portfolio. Located in the highly sought-after West Perth corridor, this fully furnished apartment perfectly balances city-edge convenience with a low-maintenance, corporate-appeal design.

Whether you are looking to secure a future inner-city base or a reliable, high-yield investment, this property represents a premier opportunity in a tightly held market.

Property Highlights:
– Fully Furnished: Being sold with a complete furniture package, ensuring a seamless, turnkey asset with zero immediate fit-out costs.

– Elevated Position: Situated on the 4th floor, offering a pleasant outlook and excellent natural light.

– Boutique Complex: Located in a well-maintained building of only 26 units, built in 2006, offering a quieter community feel than massive high-rise developments.

– Common Outdoor Area: Residents enjoy access to a shared outdoor space, perfect for relaxing or fresh air.

– Unbeatable Location: Situated on Hay Street, you are steps from West Perth’s vibrant cafe strip, beautiful Kings Park, the Red CAT bus route, and the heart of the Perth CBD.

Investment Profile:
This property is the definition of a “set and forget” investment, offering exceptional cash flow and immediate returns from day one.

– Current Rent: $680.00 per week

– Lease Status: Securely tenanted until 12/03/2027.

– High Demand: West Perth consistently attracts high-quality corporate tenants, medical professionals, and inner-city workers.

The Numbers:
– Council Rates: $1,697.10 annually

– Water Rates: $197.44 bi-monthly

– Strata Fees: $1,733.90 per quarter

Agent’s Note:
With a secure, high-yield tenancy locked in until early 2027 at $680 per week, this is a rare, low-risk opportunity to purchase into a premium West Perth address. The boutique nature of the 26-unit complex ensures long-term scarcity and steady capital growth potential in a booming Perth market.

Contact the Agents
To arrange a private inspection or request a digital information pack, please contact:

– Nick Chua – 0425 545 105 – nick.chua@mpropertymgt.com.au
– James Low – 0421 630 279 – james.low@mpropertymgt.com.au