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Sold on 03 Jun 2024 - Price Unavailable

71/31 Wellington Street
Mosman Park WA 6012

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 65m2
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Property Details for 71/31 Wellington St, Mosman Park

71/31 Wellington St, Mosman Park is a 2 bedroom, 1 bathroom Unit. The property has a land size of 65m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Mosman Park in the last 12 months.

Building Type
Unit
Floor Size
55m2
Land Size
65m2
Local Government
Mosman Park
Lot/Plan
13/S004883

Last Listing description (June 2024)

Perched on the eighth floor, you can take in the view of the suburb while enjoying the rejuvenating rays of the morning sun. Dubbed as the best value in Mosman Park, this is your opportunity to secure a slice of the Wellington Court complex. Within one of Perth's most sought-after suburbs, both riverside and coastal lifestyles are on offer, you're never far from the water's edge.

Sweeping Eastward views can be enjoyed from your main living space and balcony. The ideal investment, this opportunity uniquely provides space to update and renovate in the future while enjoying the rental yield currently on offer. Alternatively, it is an excellent opportunity to live the coastal and riverside lifestyle you've always sought.

The complex has a proactive strata council and a healthy reserve fund. The building previously underwent refurbishment, which included the installation of a new lift and the replacement of the roof.

This property is currently tenanted with a fixed-term lease of $500 per week that is due to expire on 19th September 2024, with the weekly rent due to increase to $550 per week on 05/06/2024.

Key features:
- Queen size main bedroom with built-in robes
- Second well sized bedroom or home office/study
- Gas cooktop and oven
- Split system air conditioning unit to main living space
- Sweeping Eastward aspect, enjoy the refreshing sunrise
- Allocated, undercover car bay
- Double Glazed windows
- Recently replaced flooring
- Great tenants in place
- Spacious balcony

*Further Information: This property is furnished and an inventory list will form part of the contract of sale.
Council Rates: Approx $1,582 per annum
Water Rates: Approx $793 per annum
Strata Fees: Approx $910 per quarter ($880 administrative, $30 reserve fund)

Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.

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Property History for 71/31 Wellington St, Mosman Park, WA 6012

A timeline of how this property has performed in the market
Last Sold
03 Jun 2024
Listed for Rent
$500/w
21 Sep 2023
  • 11 May 2024
    Sold for $455,000
  • 01 May 2024
    Listed for Sale Under Offer
  • 21 Aug 2023
    Listed for Rent $500 / week
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About Mosman Park 6012

The size of Mosman Park is approximately 4.3 square kilometres. It has 37 parks covering nearly 29.9% of total area. The population of Mosman Park in 2011 was 8,598 people. By 2016 the population was 8,756 showing a population growth of 1.8% in the area during that time. The predominant age group in Mosman Park is 10-19 years. Households in Mosman Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mosman Park work in a professional occupation. In 2011, 58.8% of the homes in Mosman Park were owner-occupied compared with 61.5% in 2016.

Mosman Park has 4,442 properties. Over the last 5 years, Houses in Mosman Park have seen a 65.03% increase in median value, while Units have seen a 56.64% increase. As at 31 October 2024:

  • The median value for Houses in Mosman Park is $2,289,860 while the median value for Units is $513,143.
  • Houses have a median rent of $1,075 while Units have a median rent of $548.
There are currently 38 properties listed for sale, and 13 properties listed for rent in Mosman park on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Mosman park.

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