FOR SALE
Offers Over $479,000

34/148 Wharf Street
Cannington WA 6107

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Top Floor Apartment with Strong Rental Return

Discover the perfect blend of modern design and investment potential with this top-floor apartment at 30/148 Wharf Street, Cannington. Boasting a generous rental return of $600 per week and securely tenanted until 28th May 2025, this residence offers a ready made income stream in a highly sought after location.
Step into a spacious, light-filled living area with sleek tiled floors that make for easy maintenance, an attractive feature for both residents and investors. The contemporary U-shaped kitchen comes fully equipped with stainless steel gas appliances, ample storage and a breakfast bar, appealing to those who value both style and functionality.
Positioned for ultimate convenience, this property is just moments away from key amenities. Westfield Carousel Shopping Centre, reputable schools like St Joseph's Primary and St Norbert College, and the Cannington Leisureplex are all within easy reach, making it a desirable location for a range of renters.
Opportunities like this are rare and in demand. Don’t miss out on this solid investment – Due to a tenant bing in situ ALL viewings are by appointment.
Schedule a viewing by appointment today to secure this prime apartment and watch your investment grow.
**Photos are taken prior to tenant moving in but are an accurate presentation of the condition of the property**
Features Include:
* Top story apartment
* Good size master bedroom with ensuite
* Open plan living/kitchen/meals area
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Property Details for 34/148 Wharf St, Cannington

34/148 Wharf St, Cannington is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with One Percent Realty WA.

Building Type
Apartment

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About Cannington 6107

The size of Cannington is approximately 4.1 square kilometres. It has 21 parks covering nearly 23.2% of total area. The population of Cannington in 2011 was 5,274 people. By 2016 the population was 5,930 showing a population growth of 12.4% in the area during that time. The predominant age group in Cannington is 20-29 years. Households in Cannington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannington work in a professional occupation. In 2011, 46.7% of the homes in Cannington were owner-occupied compared with 44.8% in 2016.

Cannington has 4,125 properties. Over the last 5 years, Houses in Cannington have seen a 86.62% increase in median value, while Units have seen a 82.24% increase. As at 31 October 2024:

  • The median value for Houses in Cannington is $680,876 while the median value for Units is $518,002.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 56 properties listed for sale, and 22 properties listed for rent in Cannington on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in Cannington.

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Lee Tamblin
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