705/2 Rutland Ave, Lathlain is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 113m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Lathlain in the last 12 months.
This near city, lovely 2 x 2 x 2 apartment was one of the two most expensive apartments in the complex when it was completed in 2017.
New 12 month lease just signed at $750.00 per week with great tenants, who are interested in a longer lease.
Main bedroom with ensuite, walk in robe and it's own private balcony, Bed 2 has city views and Built in Robe.
The apartment has it's own dedicated two car spaces in the secure carpark with electronic security entry, its own dedicated lock up store room in the secure car park, security intercom to building main entrance.
This apartment is ready to move into as it is fully furnished ready to go, making it ideal ideal for the investor or owner occupier, nothing to do or buy just move in!
The apartment has a current rental value of $650 to $700 per week, has been leased for the last 12 months at $595 per week and in that time Perth rentals have increased substantially.
The Building Managers and Strata Managers are doing a great job of managing and maintaining the building.
The building offers a well equipped communal gym, two meeting areas, furnished roof top terrace/entertaining area with BBQ, with views from the roof top to city River and Hills, the building has two lifts.
There is visitor parking at the rear of the building.
The building has a network of security cameras in common areas and carparks with plans to continually expand and upgrade the system as required.
Location is awesome, only 8 minutes drive into the Perth CBD, 3 minutes walk from the front of the building to the Burswood train station, 5 minute walk to Burswood Crown Casino Complex, 15 minute walk to the Optus Stadium and Swan River walks and within 10 minute drive are Perth Airport, Victoria Park Cafe Strip, and several pubs, cafe's and restaurants.
There is also a bus stop out front to catch a bus into the city.
Within 1/2 hour drive you can visit the Swan Valley wine region, and Perth beaches.
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 1,903 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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