APPLECROSS is a property investment hot spot.
It’s home to the mythical real estate Golden Triangle which commands some of the best house prices in Greater Perth.
So this three bedroom two bathroom townhouse on Simpson Street would be a good mid-level investment for an existing or aspiring landlord.
Tenanted until November 2024 for $660 per week, you have a guaranteed source of passive income for more than a year.
Adding to the appeal is the easy-care nature of the home, so you’re not shelling out cash on maintenance and up-keep.
It’s well presented with a mix of tiled flooring and carpet, so you have the best of both worlds come winter or summer.
The neutral colour scheme and high ceilings create a sense of space, enhanced by the natural light streaming through the windows in the open plan living/dining/kitchen area.
The kitchen has a nice mix of granite-style benchtops and white cupboards and stainless steel appliances.
All three bedrooms are bright and spacious with the main ensuite bedroom on the first floor situated beside the open plan.
The remaining semi-ensuite bedrooms are on the ground floor, creating a nice separation if family or guests come to stay.
There’s also a small courtyard out the back where you can get some fresh air and enjoy alfresco meals and drinks.
The 97sqm home includes two toilets, balcony, store room, ducted reverse cycle AC throughout and internal secure parking for two cars, plus street parking.
The home is zoned mixed use and ideal for a professional working from home.
It’s got neutral decor and a flexible layout, so you’ll have no problem attracting interest if the existing tenant doesn’t renew his lease next year.
It’s a short stroll to the Riseley Street Shopping District (Kearns Crescent) and cafe strips, and you’re not far from the gorgeous leafy Applecross Village. There’s public transport across the road and Booragoon Shopping Centre is only a quick drive away.
And come the weekend head down to the Swan River for a cycle or a leisurely fish. This easy-care Applecross townhouse is a solid investment in a highly-desirable suburb and is well priced.
Low $600,000s
1/39 Simpson Street, Applecross
Maxi Realty with Agnes Lee
0403 965 364