16/40 Cambridge Street

West Leederville WA 6007

Are looking for a low maintenance investment with a great return and the potential for future capital growth? This could be the one you've been waiting for.The LocationPositioned perfectly the complex is just 800m to West Leederville Station, 250m to Leederville Train Station, 300m to Oxford Strip, 2km to Rokeby Strip, 8km to City Beach, 2km to the city plus all the freeway entries and the trendy cafes and bars of West Leederville and Leederville are right on your doorstep. A more convenient location with the lifestyle to match is certainly hard to find.The ComplexBuilt in 1969, this beautifully maintained security complex has just 60 apartments and is spread over five floors with intercom security access, lift, common basement laundry and a huge security gate accessible under cover carparking area all located on a massive 4050 sqm block with awesome redevelopment potential in the future.The UnitA refurbished and spacious 45 sqm one bedroom end unit with timber laminate floors, open plan kitchen dining and lounge, separate bedroom with adjoining ensuite bathroom and private balcony.The current tenant keeps the place in immaculate condition and the lease runs until 31 March 2023 for $250 per week.In SummaryThe perfect investment opportunity located right on the fringe of the city.DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.