45/193 Hay Street

Phone Enquiry ID: 234532 Quiet, sunlit and superbly positioned, this rare corner apartment combines strong tenant appeal with the lifestyle qualities buyers value privacy, natural light and an open balcony outlook all within a secure resort-style complex close to the CBD and Swan River foreshore. The prized north-facing aspect delivers excellent natural light, creating a home that feels warm in winter and comfortable in summer. Step out to the sunny north-facing balcony and enjoy an open outlook, perfect for your morning coffee or relaxed entertaining. An excellent opportunity for investors seeking a well-located, low-maintenance apartment with a strong existing tenancy in place. Currently leased at $670 per week, this property offers immediate rental income together with future upside in a sought-after East Perth complex. The current tenant has a strong on-time payment record, and has kept the property in very good condition. The tenant is also happy to continue the tenancy, making this a particularly attractive set-and-forget investment. Investment Highlights: Currently leased at $670 per week Excellent on-time rent payment history Tenant has maintained the property in very good condition The next eligible rent review date is in Sep 2026 Market rent in the complex is currently being advertised up to $730 per week Level 5 Internal: approx. 71sqm Balcony: approx. 10sqm Car bay: approx. 13sqm Total area: approx. 94sqm Standard strata apartment (not a special title) Outgoings / Rates (Estimated) Strata: $1,229.15 pq (Admin) + $198 pq (Reserve) 10 Year Plan levy / special levy: $600 pq Council rates (2025/26): $1,654.15 pa Water / service charges: approx. $190.96 per 2 months This is a compelling investment opportunity combining immediate income, a proven tenant, low management friction, and future rental upside in a tightly held inner-city location. Contact us today for further information or to arrange an inspection / video walkthrough. Email enquiries preferred for prompt document sharing, however phone or SMS is also welcome. Disclaimer All sizes of the property are estimated and buyers should rely on their own measurements when onsite. All outgoings/rates are estimated and subject to change at all times without notice. Buyers are to rely on their own due diligence prior to purchasing.