SOLD
Sold on 22 Mar 2024 for $700,000

1/16 Wallace Street
Belmont WA 6104

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 281m2
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Property Details for 1/16 Wallace St, Belmont

Building Type
Commercial
Year Built
2014
Floor Size
155m2
Land Size
281m2
Local Government
Belmont
Lot/Plan
1/S069395

Last Listing description (May 2024)

Welcome to your perfect oasis nestled in the heart of Belmont.This 2014-Built stunning 5-bedroom, 2-bathroom townhouse is an absolute gem, boasting convenience, comfort, and charm.Key Features:**Prime Location**Situated just steps away from the lush greenery of Centenary Park, and within easy reach of shopping centres, schools, transportation hubs, and essential amenities, this residence offers the epitome of convenient living.**Attractive Investment Opportunity**Investors take note! This townhouse presents a lucrative opportunity for those seeking to expand their property portfolio, in Perth's dynamic rental market. With an estimated weekly rental of up to Approx. $850, an astute investor can be earning up to Approx. $44,200 p.a. from this gem.**Bright Layout**Bask in the natural light that floods through the expansive windows and balcony, illuminating the bright and airy layout of this residence, creating an inviting atmosphere for all.**Two Living Areas**With two good sized living areas, there's plenty of room for relaxation, entertaining, or simply enjoying quality time with family and friends.**Evaporative Cooling Air Conditioning**Stay cool and comfortable all year round with the modern evaporative cooling air conditioning system, ensuring a pleasant ambiance during the hot summers.**Cosy Carpeted Bedrooms With Built-In Waredrobes**Retreat to the cosy embrace of carpeted bedrooms, providing warmth and comfort, ideal for relaxation and rejuvenation after a long day. The built-in drobes have sufficient space for your clothes and belongings, which will help you keep your bedrooms neat and tidy. **Lock and Leave Convenience**Perfect for fly-in-fly-out professionals or those with busy lifestyles, this townhouse offers a secure lock-and-leave solution for peace of mind while you're away.**Close Proximity to Perth Airport**Enjoy easy access to Perth Airport, making travel a breeze for both work and leisure.**Spacious Patio and Balcony**Entertain guests or simply unwind in the spacious patio area or on the charming balcony with green views, perfect for enjoying the beautiful mornings and evenings alike.Don't miss out on the chance to make this exquisite townhouse your own. Contact Saleh today to make it yours! Don't delay because this one will be SOLD in NO TIME.Outgoings:* Strata Reserve Fund (For General Maintenance of common space): $40 per month* Strata Insurance: Approximately $1,208 P.A.* Council Rates: Approx. $1,960 P.A.* Water Rates: Approx. $1,325 P.A.** We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. **

Property History for 1/16 Wallace St, Belmont, WA 6104

A timeline of how this property has performed in the market
Last Sold
$700,000
22 Mar 2024
Listed for Rent
$500/w
01 Sep 2021
  • 22 Mar 2024
    Sold for $700,000
  • 18 Mar 2024
    Listed for Sale Sold
  • 24 Aug 2022
    Sold for $525,000
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About Belmont 6104

The size of Belmont is approximately 4.4 square kilometres. It has 10 parks covering nearly 4.4% of total area. The population of Belmont in 2011 was 6,264 people. By 2016 the population was 6,784 showing a population growth of 8.3% in the area during that time. The predominant age group in Belmont is 20-29 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a trades occupation. In 2011, 54.4% of the homes in Belmont were owner-occupied compared with 54.4% in 2016.

Belmont has 4,430 properties.

    There are currently 18 properties listed for sale, and 16 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Belmont.

    Suburb Insights for Belmont 6104

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    LJ Hooker Victoria Park | Belmont (WA)
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    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.