Reiwa Reiwa
5/16 Gwenyfred Road, Kensington WA 6151

5/16 Gwenyfred Road, Kensington WA 6151

Sold price: $410,000
Sold
Sold: 30 Aug 2024

2 Bedrooms

1 Bathroom

1 Car

Apartment

Contact the agent

Lee Smith

0547843345

Bourkes


UNDER CONTRACT

DECEASED ESTATE – MUST BE SOLD

Introducing 5/16 Gwenyfred Rd, , available exclusively through Lee Smith & Bourkes Property. This is your opportunity in a market saturated with renovated properties to acquire a home in original condition that's ripe for improvement. The home, while needing some TLC, presents you with a rare chance to acquire a property under market value.

This lock & leave, ground floor, two-bed unit in a boutique group offers its new owner a fantastic entry level opportunity in Kensington. Conveniently located near the Swan River, Kensington Primary School, bus routes, a stone's throw from South Perth & Victoria Park's Hospitality precinct, this one will not last!

Whether starting up, slowing down, seeking a Perth base, or investing for the future, this one makes perfect dollars and sense!

Other features include:

– Currently vacant with the possibility of early possession prior to settlement
– Rental potential of up to $650/wk (once renovated)
– Video tour available on file for interstate buyers
– Own internal laundry area with rear access
– Separate toilet
– Covered car bay, with additional street parking available
– Large master bedroom with built in robe
– Reverse cycle air-conditioning to Living/Dining area
– In demand central location making it the perfect investment

The location:

– 400m walk to Swan River
– 1.5 km walk to Victoria Park Cafe and Restaurant strip
– 5-minute drive to Crown Entertainment Complex
– 6-minute drive to Perth CBD
– 15-minute drive to Perth Airport

Properties at this price point in Kensington are at a record high demand, so don't miss out on this exceptional opportunity.

To organise a private inspection contact Lee Smith at Bourkes Property today on 0447 843 345 or [email protected]

City of South Perth | $1,778 p/a
Water Corporation | $943 p/a
Strata | $655 p/qtr (admin & reserve)

Property features

  • Carports 1
  • Floor area 67m2

Cost breakdown

  • Council rates: $1,778 / year
  • Water rates: $943 / year
  • Strata fees: $535 / quarter

Nearby schools

Kensington Primary School Primary Government 0.5km
Regent College Primary Non-government 0.7km
Victoria Park Christian School Primary Non-government 0.7km
Victoria Park Primary School Primary Government 0.9km
Kensington Secondary School Secondary Specialist 1.1km
Kent Street Senior High School Secondary Government 1.4km
Ursula Frayne Catholic College Combined Non-government 1.5km
Wesley College Combined Non-government 1.7km
Trinity College Combined Non-government 1.7km
Perth Individual Combined Non-government 1.8km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4838194