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Charles St North Perth

This is single bedroom, brand new, ground floor apartment in a small block of 11 units. It is extremely well located with a complete “turn key” package ready for tenanting or moving in yourself. All the remaining apartments will be held by the developers however they are keen to sell this single apartment and willing to offer a very conservative price. Given the quality of fitout, the price, low holding costs and the sort after location we believe this will make an excellent long term investment.

One bedroom , one bath one car space
Price                                          $395,000
Rent/week                                  $390
Percentage                                 5.1%
Rent annual                               $20,280
Strata fees (est.) (includes building insurance) $2400
Depreciation in first full year (est.)                 $8,000
Living area                                 46 sqm
Courtyard                                   12sqm
Store room                                 4sqm
Est. holding cost per week*           $15*

*Holding costs are estimated based on a combined income of $100,000, an interest rate of 5%, rent of $390/week, tax advantages, insurance and management costs etc. This is still an es

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