SOLD
Sold on 02 Mar 2024 for $321,000

205/112 Mounts Bay Road
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 68m2
Sold By
Scott Bj Properties Perth
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Property Details for 205/112 Mounts Bay Rd, Perth

205/112 Mounts Bay Rd, Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 68m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Perth in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
50m2
Land Size
68m2
Local Government
Perth
Lot/Plan
18/S034024

Last Listing description (April 2024)

Luxury Living in the Heart of Perth CBD - Your Investment Opportunity Awaits! Welcome to 205/112 Mounts Bay Rd, a hidden gem nestled in the vibrant heart of Perth. This exquisite one-bedroom, one-bathroom apartment is an investment opportunity you don't want to miss.Prime Location: Perfectly situated within walking distance to the CBD, Swan River, Kings Park, and the soon-to-be-rebuilt convention center. Enjoy the convenience of city living and the tranquility of nature, all at your doorstep. In the heart of it all but on a tree lined street with a park across the road.Chic and Fully Furnished and Equipped: Step into a tastefully furnished haven with modern amenities and a stylish touch. This unit is turnkey-ready, offering a seamless transition for the discerning buyer. Features include built in robes, a spacious bathroom with shower and bath and a hidden laundry.Flexible Lease Options: Currently leased to the hotel at $420pw, the new owner has the option to end or extend the lease on settlement. The possibilities are endless - continue with short-term rentals through platforms like Airbnb, taking advantage of Perth's booming market.Resort-style Amenities: Dive into luxury living with access to the complex's pool and gym. Your everyday life will feel like a vacation in this sophisticated urban retreat.Secure Undercover Car Bay: Enjoy peace of mind with your secure undercover car bay, providing convenience and safety in the bustling city.Guaranteed Income or Personal Use: Choose your investment strategy! Sign up with the hotel for a guaranteed income with hassle-free management of bookings, or utilize the apartment for personal stays while adhering to the maximum 16-week limit. Perfect for those living out of town who want a CBD stay and still receiving regular rent.Exclusive Owner Privileges: As an owner, enjoy the perks of staying in the apartment even when leased to the hotel. Nesuto, the hotel operators, extend significant discounts for owners looking to stay in any of their other apartments across Australia.Seize the Opportunity: With Perth's rental market on the rise, this apartment is a savvy investment for those seeking additional income, a secure rental return, or a city base with all the comforts.Don't miss out on this golden opportunity. Contact me today to schedule a viewing and step into the luxurious lifestyle that 205/112 Mounts Bay Rd, Perth, has to offer. Your investment journey begins here.

Property History for 205/112 Mounts Bay Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$321,000
02 Mar 2024
Listed for Rent
$395/w
25 Nov 2016
  • 02 Mar 2024
    Sold for $321,000
  • 27 Feb 2024
    Listed for Sale From $290,000
  • 18 Nov 2016
    Listed for Rent - Price not available
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.

Perth has 11,664 properties. Over the last 5 years, Houses in Perth have seen a 33.11% increase in median value, while Units have seen a 45.23% increase. As at 31 October 2024:

  • The median value for Houses in Perth is $1,023,675 while the median value for Units is $548,965.
  • Houses have a median rent of $700 while Units have a median rent of $655.
There are currently 164 properties listed for sale, and 80 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 823 properties were sold in the past 12 months in Perth.

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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.