1/46-48 Rutland Ave, Lathlain is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 65m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Looking for a gem apartment in a fabulous location with a private, cosy balcony? With views across the city plus views to Optus Stadium and The Crown, your living area and private balcony provide your perfect relaxation zone. This ground floor apartment has only one common wall and sits on the end of the complex providing peace and quiet to its new owner. Is this two bedroom apartment in Lathlain your starter home or investment property?Boasting an upgraded kitchen with free flowing dining and living area that spills onto the enclosed balcony area, you feel as though you are wrapped in your own comfortable cocoon. Step inside and discover light filled living with fresh surrounds of new wood look flooring and bright white paint, providing a blank canvas to add your own touch.The fresh, modern kitchen has bags of character and is designed to be super functional in a compact space. With electric cooking facilities and ample storge you won't want for more. The two queen sized bedrooms can be closed off from the kitchen and living areas providing privacy. The bathroom houses a bathtub with over bath shower and doubles as a laundry room with plenty of storage. Located in a secure complex with code entry and allocated parking for one car. Move in ready, the apartment has been updated and modernised in fresh white and neutral tones, allowing you to add your own style and make your mark with your furnishings. Own your piece of city fringe living and stop the rent cycle!WHY YOU SHOULD PUT THIS ON YOUR MUST SEE LIST:Ground floor, end apartment with only one common wallPrivate balcony overlooking the city and Crown CasinoOpen plan, living and diningUpgraded kitchen2 spacious bedroomsCombined bathroom/laundry with a bathtubSeparate wcSecure complex with code entryAllocated car bayLOCATIONWith the Gallipoli Street Local Centre revitalisation at the end of your street you will benefit from the local centre with upgraded local shops, new street furniture, a pavement mural and a micro park. This upgrade provides a strengthening community and business hub and along with the Lathlain Precinct Redevelopment Project this area will only continue to get stronger. Just a short distance from the Perth CBD, walking distance to public transport, access to all major roads and Crown Casino, Optus Stadium and the Victoria Park cafe strip all close to your doorstep, you will be superbly centrally located.Ensure that you add this apartment to your inspection list or contact Angie Taylor of Edison Property 0417946056 or angie@edisonproperty.com.au for further information.ESTIMATED RENTAL RETURNIn the current market a rental return of approximately $450+ per week is expected. This apartment is sold with vacant possession.TITLE PARTICULARS:Year Built: 1970Lot Size: Apartment 65sqm incl balcony + exclusive use car bay 13.75sqm)Town of Victoria ParkCouncil Rates: $1,422.88 p/a approximatelyWater Service: $875.95 p/a approximatelyStrata Levies: $599.10 p/qtr (Admin $494.25 + Reserve $104.85)
The size of Lathlain is approximately 1.6 square kilometres. It has 4 parks covering nearly 9.9% of total area. The population of Lathlain in 2011 was 3,037 people. By 2016 the population was 3,361 showing a population growth of 10.7% in the area during that time. The predominant age group in Lathlain is 30-39 years. Households in Lathlain are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lathlain work in a professional occupation. In 2011, 66.7% of the homes in Lathlain were owner-occupied compared with 67% in 2016.
Lathlain has 1,901 properties. Over the last 5 years, Houses in Lathlain have seen a 74.85% increase in median value, while Units have seen a 48.45% increase. As at 31 October 2024:
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