22/237 Cambridge Street

Wembley WA 6014

Waiting for the right opportunity to escape the rental treadmill or invest? This unit is not only in an outstanding location, but it's being sold in original condition making it a lucrative choice for astute homebuyers & investors who know a golden opportunity when they see one. Other owners in the complex have reaped the benefits & now you can too.The apartment is located in 'The Willows', a 3-storey complex of 33 that's been recently repainted & is beautifully maintained with brick paved pathways meandering through established tropical gardens & a sparkling pool for use by residents & guests. The gated complex is also private from the street & offers remote control entry to a secure undercover parking space for peace of mind. And what a location!- 5-minute walk to bustling Subiaco; bus on doorstep; 800m to train station - Minutes to a variety of eateries, shopping precincts & local hotspots- Close to St John of God Hospital, Bob Hawke College, Perth Modern School- 800m to Lake Monger Reserve; minutes to the CBD- Original mid-80s condition & decor - a perfect candidate for a total refurb- Be inspired by what other owners have done to their apartments to see the potential - Spacious interior, built-in robes to both bedrooms, bathroom/laundry combo- Private balcony accessible through glass & screened sliding doors- Fantastic ROI for investors + an instant rental market with the hospital so close- Estimated rental return in existing condition of $400 pwCouncil Rates: $1,550.00paWater Rates: $1,050.00paStrata Fees: $680pqtr