SOLD
RECENT ADVICE
Sold on 28 Mar 2024 for $320,000

315/2 Rutland Avenue
Lathlain WA 6100

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 83m2
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Property Details for 315/2 Rutland Ave, Lathlain

315/2 Rutland Ave, Lathlain is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 83m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Lathlain in the last 12 months.

Building Type
Apartment
Floor Size
51m2
Land Size
83m2
Local Government
Victoria Park
Lot/Plan
51/S067272

Last Listing description (March 2024)

Executive living at its finest
Oozing style and sophistication - it will not disappoint! Offering the desirability of Burswood but without the price tag!

1Bed/ 1 Bath/ 1 Car bay

Level 3 / Western Aspect
Internal 51sqm / balcony 14sqm/Secure under cover Garage.

It is hard to imagine a better location than the Red Castle apartments. Superbly located to Crown Perth, the Swan River and the new Optus Stadium, plus easy access to the Burswood train station, shopping and all the amenities you need. The Red Castle apartments offer the best in contemporary living on the steps of our beautiful Perth City. With premium fit, Red Castle is an exclusive stylish apartment complex, that is perfect for those who want to live large while being equally suited to the lock-and-leave lifestyle.

This apartment has a generous 14sqm balcony and large windows. The cleverly designed connection between the open living areas and the balcony creates a continuity between indoor and outdoor space that is ideally suited for entertaining all year round. The rooftop terrace provides the perfect venue to entertain or enjoy the city and river vista.

Features include:
• Stainless steel appliances
• Stone and granite bench tops with coloured glass splash-backs
• Split-system air conditioning
• Quality wooden flooring to the living areas
• Double glazing
• High ceilings
• Storeroom for each apartment
• Allocated car parking
• Visitor parking
• Dishwasher & clothes dryer
• Pet-friendly Building
• City of Victoria Park not City of Perth
• BGC Built
• Rooftop BBQ area
• NRAS National Rental Affordability Scheme - credit and tenant in place.
• Huge Parcel of Land lots of common Areas
• Healthy and well-maintained Strata
• Loads of cupboards and storage areas

This property ticks so so many boxes, why, with the option to continue with a fantastic tenant, NRAS credit providing a huge tax-free top-up for years to come or furnish it and lease to the booming mining market, keep it all for yourself....... so so many options.

Currently tenanted at $340 per week until 11/02/25

For a full prospectus on the current set up, an NRAS approved tenant and the government tax-free top-up that comes with that, please call Kim on 0423 089 439 or email kim@kimturner.com.au

* NRAS - National Rental Affordability Scheme

Approx Current: Rates: $1,462.78 Water $912.24 Strata: $821.42pq

*Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent inquiries and must rely on their own personal judgment about the information included in this document. Kim Turner Real Estate provides this copy write without any express or implied warranty as to its accuracy. Any reliance placed upon this write-up is at the client's own risk. The Real Estate co accept no responsibility for the results of any actions taken or reliance placed upon this document*

Property History for 315/2 Rutland Ave, Lathlain, WA 6100

A timeline of how this property has performed in the market
Last Sold
$320,000
28 Mar 2024
  • 21 Mar 2024
    Sold for $320,000
  • 29 Feb 2024
    Listed for Sale Contact Kim Turner for price guide
  • 17 Oct 2019
    Listed for Sale Price on Application
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About Lathlain 6100

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 1,905 properties. Over the last 5 years, Houses in Lathlain have seen a 77.38% increase in median value, while Units have seen a 34.52% increase. As at 31 August 2024:

  • The median value for Houses in Lathlain is $1,145,181 while the median value for Units is $548,542.
  • Houses have a median rent of $733 while Units have a median rent of $550.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Lathlain on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Lathlain.

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Kim Turner
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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.