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40/24 Burton St, Cannington$489,000
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For Saleapartment

40/24 Burton St

Cannington, WA 6107, Australia
$489,000
1 bed 1 bath 1 car92 m²

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About this property

Welcome home to this spacious and well-presented one-bedroom, one-bathroom apartment, ideally positioned within an excellent amenity packed strata complex. Built in 2004, this low-maintenance residence offers approximately 68 square metres of internal living space on a 92 square metre total lot, combining comfort, functionality and an exceptional lifestyle opportunity. Currently leased at $520 per week until August 2026, this property presents an outstanding opportunity for investors seeking immediate rental income with excellent future growth potential. Featuring a well-designed open-plan layout, the apartment offers generous living and dining areas that flow seamlessly onto a private balcony, creating the perfect space to relax or entertain. The modern kitchen is well equipped with gas cooking, a dishwasher, rangehood and ample cabinetry, while the spacious bedroom is serviced by a well-appointed bathroom. Split-system air conditioning ensures year-round comfort, and the convenience of an internal laundry further enhances the practical design. Residents will enjoy access to the complex's impressive facilities, including a large in-ground swimming pool that creates a true resort-style atmosphere rarely found in apartment living. Whether you're adding to your investment portfolio or planning for future owner occupation, this property offers an attractive combination of lifestyle, convenience and strong rental appeal. Property Highlights: - 1 bedroom, 1 bathroom unit built in 2004 - Dedicated car bay - Approximately 68 square metres of internal living - 92 square metre total lot area - Spacious open-plan living and dining area - Private balcony ideal for relaxing or entertaining - Well-appointed kitchen with gas cooking - Dishwasher and rangehood included - Split-system reverse cycle air conditioning - Internal laundry space - Light-filled interiors throughout - Located within a well equipped strata complex - Strata complex features an in-ground swimming pool for residents Property Information: - Currently leased at $520 per week until August 2026 - Estimated market rent approximately $595 per week - Council Rates: Approximately $1,866 per annum - Water Rates: Approximately $1,075 per annum - Strata Levies: Approximately $750 per quarter - Excellent investment opportunity with tenancy in place - HouseSmart Real Estate is highly active throughout Cannington, offering professional Property Management Services from settlement and beyond Location Summary: - Convenient access to local shopping and dining precincts - Close to public transport options - Nearby parks and recreational facilities - Easy access to major arterial roads - Well positioned for convenient everyday living Why you will love it! - Secure investment with lease in place until August 2026 - Strong rental returns with future growth potential - Spacious and functional open-plan design - Private balcony for indoor-outdoor living - Well-equipped kitchen with quality appliances - Resort-style complex with a large in-ground swimming pool - Low-maintenance apartment lifestyle in a sought-after complex Make an enquiry today and secure your opportunity to purchase a quality apartment offering immediate rental income, resort-style amenities and outstanding long-term investment potential.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
92 m²
Listed
5 days ago

Repayment calculator

$2,371/month
$1,185 /fortnight
Loan $391,200 at 6.10% over 30 years

Upfront costs

Deposit$97,800
Stamp duty$17,243
Conveyancing (est.)$2,000
Total upfront$117,043
Verify with WA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Cannington

This 1-bedroom apartment in Cannington, WA 6107 sits within reach of public transport, local shops and nearby schools. It is listed 35% below the $749,000 median of 56 comparable apartmentswithin 5 km.

Schools near Cannington

  • Cannington Community Collegecombined · K-10 · CoEd
  • Cannington Community Education Support Centresecondary · 7-12 · CoEd
  • Sevenoaks Senior Collegesecondary · 11-12 · CoEd

What's nearby

  • Albany Hwy After Hamilton St (bus)226 m away
  • Terweys Hardware152 m away
  • Gochean Reserve221 m away
  • Burton Park254 m away
  • War Memorial Park397 m away

Cannington at a glance

Full suburb profile
Population
6,875
Median age
30
Household income
$1,558/wk
Median rent
$350/wk
Median mortgage
$1,512/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cannington price trend

Median sold · Unit 1 bed

Compound growth +8.7% / yr over 4 yrs

$455kcurrent median

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