18/55 Elizabeth Street, South Perth, WA 6151

"Offers from $425,000"

This is a great buying opportunity to secure this fabulous 2-bedroom, 1-bathroom apartment located in this highly sought-after tree lined street of South Perth amongst quality homes.

This easy maintenance 1st floor apartment with open plan kitchen/dining/living area is currently leased at $420 per week until 12th February 2025 and this property certainly has the potential of receiving in the vicinity of $550 per week rental income on a new tenancy.

Each apartment at the Elizabeth Gardens complex has an allocated carport and the use of the below ground swimming pool.

The owner has recently installed a new hot water system, and an electric oven & hotplate to the kitchen.

Enjoy easy freeway access to the CBD and being conveniently located to Wesley & Penrhos College, nearby public transport and within proximity to walk or cycle to local shopping, restaurant's, cafes', medical and the stunning Swan River foreshore to relax or exercise by the water's edge.

NB: This apartment is available for viewing by appointment only.

Council Rates:    $1,749 per annum (approx.) 
Water Rates:       $911 per annum (approx.)
Strata Admin:      $670 per quarter.
Strata Reserve:   $100 per quarter. 

Contact Greg Penn TODAY for further information:
P: 0418914473
E: greg@edisonmcgrath.com.au