11/69 King George Street

Victoria Park WA 6100

*** Please meet at the McMaster Street entrance on viewing days ***Perfect for an investor, currently leased at $400 per week to 25 May 2025, that's an approximate rental return of just under 7% - talk about easy money! The current tenant has lived in this unit for 5 years and in the complex for another 10 years before that! She's keen to remain as the tenant for many years to come.Superbly located on the ground floor, this garden level apartment is a unique opportunity. Offering a light and bright design, this apartment has been refurnished in recent years with a modern renovated kitchen and bathroom, while scope still exists for you to add further value with some personal touches in the future.Walking distance from your favourite shops, cafes and restaurants on Albany Hwy, plus there is a bus stops at the front of the complex.Set in a well presented secure complex, with a sparkling pool.* Ground floor position, facing internally inside the secure complex* Paved outdoor area surrounded by green garden* Very private location and position* Secure parking via permit* Open plan living* NBN connected* Gas cooking* Security screens* Low strata fees, just $505 per qtr!Perfect for a future first home, low maintenance lock and leave city base, or will be an excellent investment property in an easy to lease location. Currently leased, to a very reliable long term tenant paying $400 per week to 25 May 2025, that's an approximate rental return of just under 7% - talk about easy money! There is likely scope to increase the rent (and your rental return) at the end of the current lease.Positioned in close proximity to everything you'll need. Your within 5 minutes of the City, Curtin Uni, Crown, Optus Stadium, the Airport and so much more. A lifestyle of convenience is waiting for you to enjoy.Russell White 0419 903 598. russell@parkproperty.com.auProperty Code: 1174