7/32 Cambridge Street
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About this property
If you are chasing an affordable entry into one of Perth's most tightly held inner-city suburbs, this is it. Apartment 7/32 Cambridge Street delivers location, solid rental return, and future upside in one neat package. Important for buyers: the property is currently leased on a fixed-term agreement until mid June 2026 at $440 per week. Secure income from day one, with a tenant already in place. Positioned on the ground floor on the quiet northern side of the building, this home sits well back from Cambridge Street, away from the road and enjoying a bright, private aspect. The complex was built in 1967 and comprises 47 units, a classic low-rise development in a premium postcode, on a huge (approx) 4000m2 block. What you will love: * Spacious open plan living area * Functional kitchen with gas cooking * Generous bedroom with ensuite bathroom * North-facing sizeable private courtyard * 41 m2 of internal living * 1 Parking bay * No pets permitted under the Strata By-Laws Location that does the heavy lifting Set in the heart of West Leederville, you are within easy reach of: * Public transport including buses and trains * Perth CBD * Major freeway access north and south * Cafes, bars and local eateries * Coles supermarket * Gyms and lifestyle amenities * The Leederville walkway overpass * And everything that makes this pocket so consistently in demand This is the kind of property investors quietly hold for years. Strong rental appeal, unbeatable convenience, and an entry price point that still makes sense. * Council Rates: 1 July 2024 to 30 June 2025 * Water Rates: $922.37 (1 July 2023 to 30 June 2024) * Strata Levies: $694.52 per quarter * Admin: $625.77 * Reserve: $68.75 This property is proudly marketed by Access Property Management. We would love to show you through. Enquire today and secure your foothold in one of Perth's most proven inner-city locations. Disclaimer: Whilst every care has been taken in the preparation of this advertisement, all information supplied by the seller and the seller's agent is provided in good faith. Prospective purchasers should make their own enquiries with the relevant authorities to verify all relevant details.
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 41 m²
- Listed
- 3 months ago
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Neighbourhood
Living in West Leederville
This 1-bedroom apartment in West Leederville, WA 6007 sits within reach of public transport, local shops local amenities. It is listed 32% below the $700,000 median of 63 comparable apartmentswithin 5 km.
What's nearby
- Cambridge St After Southport St (bus) — 68 m away
- Olfactora — 314 m away
- Leederville Memorial Gardens — 223 m away
- Unnamed — 234 m away
- William Traylen Gardens — 293 m away
West Leederville at a glance
Full suburb profile- Population
- 4,340
- Median age
- 38
- Household income
- $2,383/wk
- Median rent
- $400/wk
- Median mortgage
- $2,276/mo
Source: ABS Census.
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Suburb market
Suburb price trend
West Leederville price trend
Median sold · Unit 1 bed
Compound growth +10.0% / yr over 4 yrs
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Full West Leederville marketThis listing
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