SOLD
Sold on 14 May 2024 for $447,000

401/71 Hay Street
East Perth WA 6004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 80m2
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Property Details for 401/71 Hay St, East Perth

401/71 Hay St, East Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 80m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in East Perth in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
48m2
Land Size
80m2
Local Government
Perth
Lot/Plan
475/S055728

Last Listing description (August 2024)

LOW STRATA LEVIES OF UNDER $800 PER QUARTER!

- 4TH FLOOR, 1 BEDROOM QUEENS RIVERSIDE APARTMENT (Q1 BUILDING)
- LOW STRATA LEVIES

- OPTION TO PURCHASE FULLY FURNISHED & EQUIPPED
- ONE SECURE CAR BAY & LOCK UP STORE ROOM
- ACCESS TO Q3 RESORT STYLE AMENITIES

Nestled on the 4th floor of the esteemed Q1 building within the Queens Riverside precinct, this one-bedroom apartment offers a refined urban sanctuary. With an emphasis on both luxury and practicality, this residence presents an exceptional opportunity for discerning homeowners or savvy investors.

One of its standout features is the remarkably low strata levies, a rarity in upscale developments of this calibre. This factor ensures that residents can enjoy premium amenities and services without the burden of exorbitant ongoing costs, adding significant value to the property.

For those seeking convenience and immediate occupancy, the option to purchase the apartment fully furnished and equipped is a compelling proposition. This turnkey solution eliminates the hassle of furnishing the space from scratch, allowing residents to move in seamlessly and start enjoying the sophisticated lifestyle Queens Riverside has to offer.

In terms of practicality, the apartment includes one secure car bay and a lock-up store room, providing ample storage space for belongings and ensuring peace of mind for residents. This additional storage capacity is a valuable asset in maximizing the functionality and livability of the apartment.

Beyond the confines of the apartment itself, residents gain access to an impressive array of resort-style amenities within the Q3 building. These facilities include an infinity lap pool, two rejuvenating spas, a well-equipped gymnasium, and inviting communal spaces such as a resident's lounge and a theater room. Such amenities enrich the living experience, offering opportunities for relaxation, recreation, and socialization within the comfort of the community.

The apartment's rental potential further enhances its appeal, with a rental appraisal of $650 per week when furnished. This attractive rental yield underscores the investment potential of the property, making it an enticing proposition for investors looking to capitalize on the thriving rental market in the area.

In summary, this meticulously designed and thoughtfully appointed apartment in Queens Riverside epitomizes sophisticated urban living. From its prime location and premium amenities to its practical features and investment potential, this residence offers a compelling combination of luxury, convenience, and value.

An array of amenities awaits within the prestigious QI building, the crowning jewel of the Queens Riverside precinct. Enjoy the convenience of two secure undercover car bays, a large secure storeroom, and access to an array of resort-style facilities, including an infinity lap pool, 2 spas, gymnasium, plus a resident's lounge and theatre room.

RENTAL APPRAISAL:
- $650 p/w furnished

FEATURES INCLUDE:
- 2014 completed Queens Riverside Apartment
- 4th floor, 1 bedroom, 1 bathroom apartment
- South facing orientation
- Large 14sqm timber decked balcony
- Open plan kitchen, living and dining area
- Stainless steel appliances including SMEG induction cooktop, microwave, & oven, plus integrated Fisher & Paykel dishwasher drawer
- Mirrored splashback and quality stone benchtops
- King-sized Master bedroom with built in robe
- Luxury ensuite bathroom with vanity, shower, & bath tub
- Ducted & zoned reverse cycle air conditioning throughout
- Double glazed, tinted glass to all doors & windows
- Quality tiling and window treatments throughout
- Secure video intercom access
- 1 secure undercover car bay
- Secure store room in car park
- On-site concierge service in QIII
- Access to resort style facilities in QIII, including an infinity lap pool, 2 hot tubs, fully equipped gym, residents lounge and theatre room.

STRATA AREA:
Internal: 48sqm, Balcony: 14sqm, Car Bay: 14sqm, Store Room: 5sqm, Total: 80sqm

OUTGOINGS (APPROX.):
Council Rates: $1,605 p/a
Water Rates: $1,107 p/a
Strata Admin Levy: $664.52 p/q
Strata Reserve Levy: $91.83 p/q

Beyond the confines of this lavish retreat lies an unparalleled urban experience. Embrace the vibrant pulse of East Perth, with its proximity to iconic landmarks such as the Perth CBD, Crown, Optus Stadium, and Elizabeth Quay.

LOCATION:
Approx. 2.9km to Perth CBD
Approx. 2.9km to Crown & Optus Stadium
Approx. 1.7km to Mercedes College
Approx. 2.0km to Royal Perth Hospital
Approx. 9.7km to Perth Airport
Bus stop on your doorstep

Disclaimer: All distances are estimations obtained from Google Maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All outgoings are approximate and subject to change without notice. Information provided is for advertising purposes only, buyers are recommended to verify all items personally and rely on their own investigations.

Property History for 401/71 Hay St, East Perth, WA 6004

A timeline of how this property has performed in the market
Last Sold
$447,000
14 May 2024
Listed for Rent
$485/w
17 Mar 2020
  • 14 May 2024
    Sold for $447,000
  • 08 May 2024
    Listed for Sale SOLD
  • 03 May 2024
    Listed for Rent $650 / week
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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 8,343 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 146 properties listed for sale, and 42 properties listed for rent in East perth on OnTheHouse. According to CoreLogic's data, 626 properties were sold in the past 12 months in East perth.

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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.