OFF MARKET

311/201 Hay Street
East Perth WA 6004

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 77m2
Land area: 81m2
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Property Details for 311/201 Hay St, East Perth

311/201 Hay St, East Perth is a 2 bedroom, 2 bathroom Unit and was built in 1997. The property has a land size of 81m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1997
Floor Size
77m2
Land Size
81m2
Local Government
Perth
Lot/Plan
45/S032640

Last Listing description (October 2023)

INVESTMENT ONLY - NOT AVAILABLE FOR RESIDENTIAL USE.
LOW STRATA FEE

This is one of the most rare opportunities on the market, as the hotel manages the property and there is a guaranteed lease agreement until 30 June 2023. Enjoy the peace of mind that comes with having someone else manage your investment property for you.

This fabulous 2-bedroom, 2 bathroom, fully furnished apartment with a West-facing aspect on the third level is your perfect investment opportunity to secure now.

Located only a short walk from cafe strips, fantastic restaurants, endless shopping and more, it offers all the conveniences and attractions of city living.

After the lease expires, the apartment offers you two excellent options. The apartment is available for re-leasing, or you can self-manage it.

Contact Thea Samuel 0408 976 550 today to arrange your private inspection.
The features you will love:

2 Large bedrooms, fully furnished
2 modern bathrooms
Fully furnished open plan living/dining room and kitchen.
Utilities room with laundry machine and dryer
Balcony with Swan River glimpses
Reverse-cycle air conditioning in living room and 2 bedrooms
Professional presentation
Indoor heated pool and gym facilities
24-Hour reception, caf and bar on Ground Floor
Perfect investment: the rent is paid monthly. No vacancy factor until the 30th of June 2023

Location is everything and being situated in such a central location in Perth city means there will always be strong demand from tenants:

-Short stroll to Swan River foreshore
-Walking distance to the Perth Mint
-Walking distance to Langley Park and Wellington Square
-20m to closest bus stop
-1km from Claisebrook Cove
-1.5km from Myer and David Jones shopping mall
-1.5km from Bell Tower and Elizabeth Quay
-2km from East Perth train station
-2km from WA Museum
-3.5km from Crown Hotel and Casino
-6km from Perth Zoo
-10km from Perth Airport
-1.8kms to Yagan Square
-2km to Optus Stadium and The Camfield
-2.8kms to Kings Park

DISCLAIMER: All distances are approximate and provided by google maps. All distances of the property to nearby amenities are estimates and buyers should rely on their own measurements.

Property History for 311/201 Hay St, East Perth, WA 6004

A timeline of how this property has performed in the market
Last Sold
$270,000
14 Apr 2023
  • 14 Apr 2023
    Sold for $270,000
  • 28 Nov 2022
    Listed for Sale Offers from $280,000
  • 01 May 1997
    Sold for $287,000
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About East Perth 6004

The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of total area. The population of East Perth in 2011 was 8,184 people. By 2016 the population was 10,598 showing a population growth of 29.5% in the area during that time. The predominant age group in East Perth is 20-29 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation. In 2011, 37.8% of the homes in East Perth were owner-occupied compared with 37.6% in 2016.

East Perth has 8,340 properties. Over the last 5 years, Houses in East Perth have seen a 17.54% increase in median value, while Units have seen a 32.00% increase. As at 31 October 2024:

  • The median value for Houses in East Perth is $1,149,634 while the median value for Units is $588,181.
  • Houses have a median rent of $840 while Units have a median rent of $680.
There are currently 143 properties listed for sale, and 42 properties listed for rent in East perth on OnTheHouse. According to CoreLogic's data, 634 properties were sold in the past 12 months in East perth.

Suburb Insights for East Perth 6004

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Disclaimer
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.