201/23 Clapham Street, Beckenham WA 6107 – Code 23

$340,000

  • 1
  • 1
  • 1
  • Apartment

Experience the ease and convenience of apartment living at CODE 23, where everything you need to enjoy life is right at your fingertips. Our boutique development features only 33 elegantly appointed residences within four stunning three-story buildings, located just 20 minutes southeast of Perth CBD in Beckenham. Our apartments offer the perfect investment opportunity in a rapidly growing area, with easy access to public transportation including the Beckenham Train Station and major bus routes along Albany Highway. You’ll also enjoy a short drive to Victoria Park’s vibrant entertainment strip. As an owner or investor at CODE 23, you’ll benefit from the area’s surging growth due to the region’s rezoning and established infrastructure.

Our gated entry, secure parking, and ample storage space provide you with the ultimate in convenience and safety. You’ll love the quality fittings and finishes throughout every apartment, designed to exceed your expectations. The State Government’s commitment of $175 million to the Victoria Park-Canning Level Crossing Removal Project is set to improve safety and connectivity across the rail corridor, provide greater local amenity, and the potential for nearby underutilized land to transition to residential and mixed-use development in the future. In addition, the Beckenham Station Precinct Activity Centre Project intends to promote a compact urban environment that is focused on providing highly accessible and convenient residential and retail floor spaces adjacent to the Beckenham Train Station.

This project will improve the relationship between where people live, work, or shop, and recreate the existing landscape to increase the efficiency of travel times, decrease economic and environmental costs. It’s based on long-term strategies used in historic patterns of urban growth. CODE 23 is the perfect place to escape to and enjoy the best of what Beckenham has to offer.

Overview

  • $-294.76/m

  • 11.62%

  • 4.89%

  • 0.35%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area70 m²
Title StatusRegistered
Contract typeSingle
Storeys1
Council Rates*$80/m
Water Rates*$70/m
Body Corp / Strata*$170.00/m
Tax depreciation*$376/m
Rental Income*$1386.67/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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