5/40 Mercer Way

Stylish & Secure!

Investors, take note! This modern first-floor apartment, built in 2014, offers a blend of style, convenience, and low-maintenance living. Situated in a secure boutique complex of just seven apartments, the property boasts a functional 61sqm of internal space plus a 10sqm balcony. Its open-plan layout, complete with a sleek kitchen featuring a breakfast bar and quality appliances, caters to contemporary living. With a strong rental return of $480 per week until April 2025, and a current rental appraisal of $550-$580 per week, this is a ready-made investment opportunity in a high-demand area.

The Features include:
• Built in 2014
• 61sqm internal living + 10sqm balcony
• First floor apartment in boutique group of only 7 apartments
• Open plan kitchen, living and dining with split system air conditioning
• Kitchen with tiled splashback, upper and lower cabinetry, breakfast bar, gas cooktop, electric oven, dishwasher and fridge/freezer
• Paved under cover balcony
• Main bedroom with walk in robe, ceiling fan, split system airconditioning and semi-ensuite access
• Semi-ensuite with dual entry, shower and toilet
• 2nd bedroom with ceiling fan and split system airconditioning
• European laundry with washer and dryer included
• Security Alarm
• 1 car bay in secure gated parking area
• 4sqm Storeroom

With easy access to major roads such as Reid Highway, Wanneroo Road, and Alexander Drive, this property offers unbeatable convenience for tenants and future buyers alike. Additionally, local amenities, including Warriapendi Primary School, Balga Senior High School, and Balga Plaza for all your daily essentials, are just a few minutes by car, or a short stroll away. Secure your slice of this thriving suburb today and enjoy a solid return in a location that combines accessibility and lifestyle appeal.

This property is currently tenanted until 07/04/2025 at $480.00/week (with a current rental appraisal of $550-$580/week).

Rates & Local Information:
Water Rates: $870.85 (23/24)
Council Rates: $1,548.78 (24/25)
Strata (Admin Fund): $715.00/quarter
Strata (Reserve Fund): $71.50/quarter
Primary School Catchment: Warriapendi Primary School
Secondary School Catchment: Balga Senior High School

DISCLAIMER: The images contained in this advertisement have been edited and digitally staged. Please refer to the Virtual Tour which showcases the current condition/presentation of the property.

DISCLAIMER: Please be advised that the information provided is solely for general informational purposes. It is sourced from both the Seller and third parties, including relevant local authorities, and is subject to change without notice. We do not warrant or guarantee its accuracy, and interested parties should not rely solely on it. It is strongly recommended that individuals conduct their own independent enquiries.