7/27 Cope Street

Midland WA 6056

Established with style and elegance, this two bedroom two bathroom unit has everything you need for a comfortable and relaxed lifestyle, in the heart of Midland. Currently rented out, there is opportunity here to hold on to an immediate investment, or otherwise move in down the line and enjoy your new, low-maintenance home. Positioned perfectly in walking distance to shops and schools, there is a lot to love about this unit which is not just close to everything you need, but also has everything you desire inside of the home too: storage, air conditioning, an ensuite bathroom, and a modern design throughout, just to name a few. This property is currently leased at $355 per week until August 2024 - perfect for a patient owner-occupier or an investor seeking rental income from day one. Make sure you don't miss out!Property Highlights:- Two-bedroom, two-bathroom unit- Built 2014- 102 square metres built size- Large balcony- Area views from bedroom- Mirrored built in robes- Allocated car parking- Visitor's parking to strata complex- Split system air conditioning- Storage roomInvestor Summary:- This property is currently tenanted until August 2024 at $355 per week- Strata levies are a total of approximately $1,785 per annum, paid quarterly- Market rent for 7/27 Cope Street is approximately $500 per week- Based on a purchase price of $340,000 and market rent, the estimated rental yield for this property is 7.67%- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.Positioned in a prime location, you have all your essentials at your doorstep with shops, cafe's and restaurants all just a short walk away. To the interior, as you walk in the home, you will find a large living and kitchen areas, which present a comfortable space for you to cook and relax. With a split system air conditioner blowing over this area, you can settle in comfortably on hot days and enjoy your new home. There is sleek black-look floorboarding throughout these living areas, which pull together the room nicely and provide it a nice finish.Nearby the living area, you have sliding doors which provide access to the balcony. These doors provide lots of natural light to the room, and ensure seamless indoor & outdoor entertaining. The open plan design of the room means that you can go between places easily, yet still with space to spare.The kitchen has quite a modern design, finished to a high quality with overhead and under-bench cupboards, lots of bench space, dishwasher and microwave space, a double stainless steel sink, gas hotplates, and a window to provide extra light. Whether cooking up your favourite dish, or making a meal for your friends or family, this kitchen can cater to all!The two bedrooms in this property are both a good size. They both have mirrored built in robes, with the main bedroom featuring a triple doored built in robe for extra space. The second bedroom could easily be used as a study, extra storage room or extra living area, if you don't need it as a bedroom. The main bedroom has it's own private ensuite with a large shower.Outside of the home, there is an undercover parking area for your car as well as a side gate allowing access to the courtyard area. From here you can also access the secure storage room. Stepping out of the complex, within a couple minute's walk you can arrive at Harold Bennett Park, which has a playground, basketball area, and walking paths to enjoy. As for schools, Midvale Primary School is only approx. 5 minutes walk, and for high schools both Guildford Grammar and La Salle College are within approx. 10 minutes drive. The home is also close to access links on to Roe Highway and Great Eastern Highway, bringing you easily to the North, South, East and West of Perth.Whether you are looking for an investment property or somewhere to move in down the line, this is definitely the property to check out. There is a lot to love about the house itself - it's design, large balcony, modern layout, great investment stance, and most importantly the location - make sure not to miss out!