5/124 First Avenue

Bassendean WA 6054

Welcome home to this modern two-bedroom, two-bathroom apartment positioned in an elevated location, within a secure Bassendean complex. Offering a light-filled interior, large balcony with street views, and a contemporary design throughout, this home is perfectly positioned to be your next choice.The open-plan living area features split-cycle air conditioning and flows seamlessly to the private balcony, creating a bright and relaxed atmosphere ideal for entertaining or enjoying a morning coffee. The kitchen comes equipped with modern cabinetry, stainless steel appliances, and ample storage, while both bedrooms are generously suited with built-in robes and air conditioning.With a secure parking bay and a convenient central location, this apartment offers easy living close to Bassendean's shops, cafs, and transport links. Currently leased out, it offers an immediate investment opportunity.Property Highlights: Two-bedroom, two-bathroom apartment Elevated position within the complex Spacious open-plan layout, leading out to balcony Split-cycle air conditioning to the living area PLUS to both bedrooms! Large windows for lots of natural light throughout Kitchen with modern cabinetry, overhead rangehood, built-in oven, gas hotplates and stainless steel appliances Large balcony with elevated street views Both bedrooms feature mirrored built-in robes Tucked- away internal laundry area Allocated undercover single parking bay Lockable storage roomInvestor Summary: This property is currently leased on a fixed term basis until October 2026 for $650 per week, providing a great ongoing investment opportunity At a purchase price of $629,000 and rent of $650/week, the estimated gross annual rental yield is 5.39%Rates & Fees Estimation: Council Rates: Approx. $1,982.65 Water Rates: Approx. $1,138.98 Strata Fees: Approx. $668.35 / quarterLocation Summary: Central location in Bassendean, close to all amenities 1km to Bassendean Train Station - direct access to Perth CBD 1.6km to Coles Bassendean - with surrounding retail shops, cafe's, and restaurants 400m to Ida Street Supermarket and Eden Hill Primary School 1.5km to Anzac Terrace Primary School Easy access to Guildford Road and Tonkin Hwy for commutingProviding excellent flexibility and instant appeal, whether youre looking to move in or secure a reliable investment, this apartment combines comfort, convenience, and excellent value. Contact Adam Bettison on 0409 929 128 today for more information or to book an inspection!