OFF MARKET

215/29 Melville Parade
South Perth WA 6151

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 98m2
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Property Details for 215/29 Melville Pde, South Perth

215/29 Melville Pde, South Perth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 98m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1964
Floor Size
84m2
Land Size
98m2
Local Government
South Perth
Lot/Plan
30/S034582

Last Listing description (June 2023)

One of the BIGGER ONES!

84sqm internal plus car bay 14sqm.

Perched on the 2nd floor, right at the back of the complex, with only one common wall, offering you quiet and secure living for yourself, or your tenants.

This unit offers you the best of 2 choices:
1) You will continue with the current lease with Lodestar, (an onsite short-stay management company) who does all the hard work for you, and you get to sit back and enjoy the rental income knowing your unit is going to be kept in tip-top condition - Currently receiving $380 per week (no management fee applicable)
2) After March 2023 - you choose to take over the unit yourself for your own use and enjoyment or rent it out privately

FEATURES:
* Large dining room as you enter
* Open plan lounge and kitchen area
* Good size kitchen with electric cooktop, oven, and dishwasher. Abundant under-counter cupboards with benchtop spaces
* Main bedroom with double mirrored robes, leading out onto a lovely decked balcony that offers you river glimpses
* 2nd Bedroom that accommodated 3 single beds
* Bathroom with shower, handbasin, toilet, and internal laundry in this area as well as washer and dryer
* Car bay is situated very close to the unit

EXTRA BENEFITS AND FEATURES:
* Onsite short-stay management group which ensures greater security and a high level of maintenance
* Fully furnished - sleeps 5 people comfortably
* Reverse cycle air conditioning system in the lounge area
* Well-maintained complex and gardens
* Can be self-managed, or occupied by yourself after the current rental period expires

These short-stay apartments are beautifully maintained and cleaned to a very high level. As an owner, you sit back and enjoy the guaranteed rental income, without having to deal with tenants, and you have a set guaranteed income!

Situated in a superbly convenient spot of South Perth, overlooking Melville waters and Applecross yacht club. Short stroll to our stunning South Perth foreshore, Mends Street caf? strip and a hop, skip, or bicycle ride to the Perth City, Perth Zoo, and easy access to Kwinana Freeway

PLEASE NOTE: Viewings can only be arranged at advertised home open times, due to the short-stay availability

Council Rates PA: $1,821,08
Water Rates PA: $1,065.86
Strata Admin PQ: $655.07
Strata Reserve PQ: $294.67

Property History for 215/29 Melville Pde, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$350,000
18 Jan 2023
  • 18 Jan 2023
    Sold for $350,000
  • 19 Sep 2022
    Listed for Sale Contact Agent
  • 27 Mar 2006
    Sold for $330,000
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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2011 was 11,990 people. By 2016 the population was 12,060 showing a population growth of 0.6% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation. In 2011, 51.5% of the homes in South Perth were owner-occupied compared with 54% in 2016.

South Perth has 8,609 properties. Over the last 5 years, Houses in South Perth have seen a 58.17% increase in median value, while Units have seen a 49.33% increase. As at 31 October 2024:

  • The median value for Houses in South Perth is $1,707,935 while the median value for Units is $719,884.
  • Houses have a median rent of $965 while Units have a median rent of $650.
There are currently 84 properties listed for sale, and 27 properties listed for rent in South perth on OnTheHouse. According to CoreLogic's data, 512 properties were sold in the past 12 months in South perth.

Suburb Insights for South Perth 6151

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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.