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Nestled in the heart of Rivervale's vibrant urban renewal precinct, The Collective presents an exceptional opportunity to enjoy secure, low-maintenance apartment living. Perfectly suited for homeowners and investors alike, this modern one-bedroom, one-bathroom residence blends contemporary design with thoughtful features, offering a lifestyle of comfort and convenience.
Step into the light-filled open-plan lounge , dining and kitchen area that flows effortlessly onto a private, covered balcony that offers serene views of lush greenery and tranquil treescapes. Whether you're entertaining guests or enjoying a quiet evening, the balcony provides a serene space to both relax and entertain. The well-appointed kitchen comes equipped with modern appliances, including a stainless steel fridge, microwave, dishwasher, electric oven, and gas cooktop, complemented by sleek cabinetry and ample storage. A dedicated study area with a built-in desk in the lounge adds a touch of practicality, perfect for those who work from home.
The spacious master bedroom is truly a highlight, featuring an oversized mirrored built-in wardrobe, additional open-style storage, and direct access to the north-facing balcony. Here, you can take in the peaceful, tree-lined views that create a sense of tranquility amidst urban living.
The modern bathroom is cleverly designed with a built-in European-style laundry, maximizing functionality without compromising space. Fully equipped with a washing machine and dryer, it's a convenient addition that enhances the apartment's practicality.
Residents of this boutique complex have exclusive access to a private communal space featuring a welcoming barbecue and outdoor entertaining area, ideal for hosting family and friends. Just steps away, the serene Cracknell Park and the picturesque Swan River provide idyllic settings for morning walks or unwinding at the end of the day.
This prime location offers unparalleled connectivity and convenience. Perth CBD is just a 10-minute drive away, while Burswood Train Station is within reach. Multiple bus routes nearby ensure effortless transport options. Belmont Forum, with its array of shopping, dining, and entertainment options, is an easy 8-minute drive, while major landmarks such as Perth Airport, Crown Perth, and Optus Stadium are all within close proximity. With highways and major roads easily accessible, every corner of Perth is within reach.
Adding to its appeal, the property is currently tenanted, providing immediate rental income of $460 per week, set to increase to $510 per week on 03/01/2025. With the tenancy on a periodic agreement, you have the flexibility to retain this reliable tenancy or move into the property yourself.
Property Features:
- Immediate rental income of $460 per week, set to increase to $510 per week on 03/01/2025.
- Modern kitchen with stone benchtop, gas cooktop, and stainless steel appliances, including a dishwasher and fridge.
- Open-plan living and dining area featuring a built-in study desk, ample storage, and split-system air conditioning for year-round comfort.
- Spacious bedroom with a mirrored built-in robe, split-system air conditioning, and direct balcony access.
- Neutral bathroom and integrated laundry with generous storage space, equipped with a washing machine and dryer.
- Private, covered balcony with peaceful treescape views and a desirable north-facing aspect.
- Secure lock-up storeroom and undercover car bay for added convenience.
- Secure building access with an intercom system and card-activated lift entry.
- Communal BBQ entertaining area, perfect for gatherings.
Outgoings:
Strata Rates: $1,009.80 per Quarter
Water Rates: $1,032.30 per Annum
Council Rates: $1,525.87 per Annum
Please note: Photos are indicative and purely for illustrative purposes only. Furnishings depicted may not necessarily be included.
This stylish and well-located apartment offers the perfect combination of lifestyle and investment potential. Don't miss your chance to secure a fantastic property in one of Rivervale's most desirable locations.