24/875 Wellington StreetWest Perth WA 6005
Property Details for 24/875 Wellington St, West Perth
Last Listing description (September 2009)
INVESTORS ONLY!
THIS ONE IS FOR INVESTORS ONLY AS IT CAN NOT BE OWNER-OCCUPIED.
THIS ONE BEDROOM 34 SQUARE METRE UNIT FORMS PART OF THE CITY STAY APARTMENT HOTEL AND HAS BEEN LET ON A LONG TERM BASIS TO THE HOTEL MANAGEMENT UNTIL JUNE 2015. IT IS STRATA TITLED AND THE RENT IS GUARANTEED RETURNING 6.2% PER ANNUM.
THE HOTEL HAS A GOOD REPUTATION AND HAS BEEN RUN SUCCESSFULLY SINCE 1985. A BUILDING DEPRECIATION ALLOWANCE OF 2.5% HELPS MAKE THE TAX BENEFITS OF THIS UNIT VERY ATTRACTIVE.
FOR A BUY AND FORGET INVESTMENT THIS UNIT MAKES GOOD SENSE.
CALL 08 9202 309 OR 0403 577 295 FOR FURTHER INFORMATION OR TO ARRANGE YOUR INSPECTION.
ADDITIONAL FEATURE - COMPLEX OFFERS A POOL.
Property History for 24/875 Wellington St, West Perth, WA 6005
- 23 Jul 2026Sold for $205,000
- 18 Sep 2009Sold for $101,500
- 14 Aug 2009Listed for Sale 103500
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About West Perth 6005
The size of West Perth is approximately 2.3 square kilometres. There are 11 parks, covering nearly 10.3% of the total area. The population of West Perth in 2016 was 5608 people. By 2021 the population was 6102 showing a population growth of 8.8% in the area during that time. The predominant age group in West Perth is 30-39 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation.In 2021, 33.70% of the homes in West Perth were owner-occupied compared with 33.00% in 2016.
West Perth has 5,856 properties. Over the last 5 years, Houses in West Perth have seen a 57.56% increase in median value, while Units have seen a 58.09% increase. As at 31 July 2026:
- The median value for Houses in West Perth is $1,532,120 while the median value for Units is $755,166.
- Houses have a median rent of $900 while Units have a median rent of $750.
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