Description

Elevated Coastal Living: Premium Parkside Apartment in South Beach Estate

Perched on the upper floor of the sophisticated “34 Shoalwater” complex, this stylish 2-bedroom, 2-bathroom residence offers a refined coastal lifestyle with an added sense of privacy and elevation. Located in the heart of the prestigious South Beach Estate, you are just moments from the white sands of South Beach and the eclectic energy of South Fremantle.

Elevated Perspective & Modern Style
Positioned above the fray, this apartment captures a wonderful sense of light and air. The open-plan design flows effortlessly onto a private balcony that overlooks the lush greenery of Barrow Park, providing a peaceful sanctuary for morning coffee or sunset drinks.
– Light & Airy: Upper-floor positioning ensures maximum natural light and cooling sea breezes.
– Contemporary Finishes: A sleek, modern kitchen with stone surfaces and quality appliances.
– Climate Controlled: Air conditioning in the living area ensures comfort through every season.
– Secure & Private: Features intercom access, 1 secure undercover car bay, and a storeroom.

A High-Performance Investment
With a lease in place until late 2026, this is a blue-chip “set and forget” opportunity for the savvy investor looking to capitalize on North Coogee’s consistent capital growth.
– Attractive Yield: Currently returning $780 per week.
– Long-Term Security: Securely tenanted until 6 November 2026.
– Prime Location: Highly sought after by professional tenants for its proximity to the coast and Fremantle’s CBD.

Essential Information
– Council Rates: $2,138.27 per annum
– Water Rates: $205.20 bi-monthly
– Strata Fees: $1,610.20 per quarter
– Current Rent: $780 per week
– Lease Term: Securely tenanted until 06/11/2026

Please note: Furniture shown in photos is for display purposes only and is not included in the sale.

Don’t miss out on this tenanted North Coogee investment opportunity. Contact the agents today to arrange an inspection or request further information:
Nick Chua – 0425 545 105 – nick.chua@mpropertymgt.com.au
James Low – 0421 630 279 – james.low@mpropertymgt.com.au