Description

Premium Coastal Living with Secure Returns

Discover the perfect blend of modern style and seaside convenience at 29/59 Breaksea Drive, North Coogee. This contemporary 2-bedroom, 1-bathroom apartment offers a sophisticated coastal lifestyle in a high-growth suburb, positioned just moments from the pristine waters of the Indian Ocean and the bustling energy of South Fremantle.

Whether you are looking for a reliable addition to your investment portfolio or securing a future home in a blue-chip location, this property is a standout choice.

Property Highlights:
– Modern 2x1x1 Design: A well-proportioned layout featuring two comfortable bedrooms and a stylish, functional bathroom.

– Coastal Lifestyle: A short walk to CY O’Connor Beach and the scenic coastal walkways that define the North Coogee experience.

– Secure Parking & Storage: Includes a dedicated secure parking bay and a private storage unit for added convenience.

– Prime Location: Minutes away from South Beach’s cafes, restaurants, and the iconic Fremantle lifestyle hub.

Investment Profile:
This property is an exceptional “set and forget” investment, offering immediate rental income and peace of mind with a secure tenancy already in place.

– Lease Status: Currently tenanted until 20/01/2027.

– Future-Proof Asset: North Coogee remains one of Perth’s most desirable coastal corridors, consistently showing strong demand from both tenants and buyers.

The Numbers:
– Council Rates: $1,852.00 per annum

– Water Rates: $180.13 bi-monthly

– Strata Fees: $1,006.32 per quarter

Agent’s Note:
Finding a 2-bedroom apartment in this price bracket within North Coogee is becoming increasingly difficult. With a long-term lease already secured until 2027, this represents a low-risk opportunity to enter a premium market and enjoy consistent returns from day one.

Contact the Agents
To arrange a private inspection or request further information, please contact:
– Nick Chua – 0425 545 105 – nick.chua@mpropertymgt.com.au
– James Low – 0421 630 279 – james.low@mpropertymgt.com.au