SOLD
Sold on 05 Apr 2024 for $355,000

418/2 Rutland Avenue
Lathlain WA 6100

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 79m2
Save

Property Details for 418/2 Rutland Ave, Lathlain

418/2 Rutland Ave, Lathlain is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 79m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Lathlain in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
51m2
Land Size
79m2
Local Government
Victoria Park
Lot/Plan
87/S067272

Last Listing description (July 2024)

Looking for a prime location in an unbeatable location? Look no further! We are delighted to present to you this exceptional one-bedroom prestigious Red Castle development unit nestled in the vibrant Burswood neighborhood. Boasting an enviable position just at the edge of the renowned Crown Entertainment precinct, the awesome Swan River, and the spectacular Optus Stadium, the unit offers an unparalleled lifestyle ideal for a first-time buyer, a savvy investor, or someone looking for the lock-and-leave lifestyle.

With the nearby Burswood train station and easy access bus stops, commuting to work or exploring the city is a breeze. Enjoy quick and convenient access to all the major destinations in Perth, making your daily travels a seamless experience.

Beyond the nearby amenities and attractions, this unit offers a host of essential amenities within easy reach, including schools, medical facilities and recreational activities nearby to keep you active and refreshed in your leisure time. Enjoy a lifestyle of convenience like never before.

This modern and stylish unit offers a comfortable and convenient living space, complete
with secured car park and access to a fully equipped gym.

Property Features:

- Built and completed by an award-winning builder, BGC Construction in 2016.
- For the investors, this apartment is NRAS approved until 30 June 2025. In 2022/2023, the scheme pays eligible owner with $11,168 tax free incentive and this incentive payment is subject to gradual increase each financial year until maturity.
- Currently with NRAS approved tenant in place until 23 April 2024.
- Floor: 51 sqm, Balcony: 10sqm, Store: 13sqm, Parking: 4 sqm, Total area: 78 sqm.
- Open-plan kitchen, living and dining area for a contemporary feel.
- One spacious master bedroom with built in robes.
- Well-appointed kitchen with modern stainless-steel appliances and generous cabinet space for all your cooking needs.
- High ceiling throughout and large windows with ample natural light.
- Floorboards to living and carpet to bedroom.
- Modern bathroom with sleek fixtures and fittings.
- Built in laundry area with dryer included.
- Private balcony for relaxation and fresh air.
- Reverse cycle air conditioning installed in the living area and bedroom.
- German top brand instantaneous water heater system.
- Gigabit NBN ready and video intercom access available.
- Separate secured storeroom for private use.
- One secured allocated parking and ample visitors' parking bays outside the Complex.

Building Amenities:

- Rooftop barbecue entertaining area with panoramic view.
- Fully equipped gym.
- Private landscaped gardens.
- Quietly retire lounge or wi-fi areas.
- Secured complex with CCTV surveillance round the clock.
- Remote controlled traffic security gates and a secure lobby.

Outgoings (approx.):

- Strata: $810 per quarter
- Council: $340 per quarter
- Water: $990 per year

Don't miss this incredible opportunity to be part of the Red Castle Complex. Experience the epitome of luxury, convenience and style. Contact Oliver Ting today at 0422 333 737 or email oliver@idealrealtywa.com.au to make your enquiries or schedule a private viewing.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 418/2 Rutland Ave, Lathlain, WA 6100

A timeline of how this property has performed in the market
Last Sold
$355,000
05 Apr 2024
Listed for Rent
$296/w
19 Oct 2023
  • 05 Apr 2024
    Sold for $355,000
  • 28 Sep 2023
    Listed for Rent $296 / week
  • 29 Jun 2023
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Lathlain 6100

Market Insights
Lathlain Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Lathlain Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
Show contact details
Ideal Realty WA
Preferred contact:
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.