Introducing 2/5 Melville Place, South Perth...PLEASE READ ADVERT IN ITS ENTIRETY. This ground floor unit located in a well kept complex of 24 units can be comfortably occupied as is, but also boasts the potential to add significant value in the future! This apartment has recently been painted throughout, it has three good sized bedrooms all with built in robes, newly installed carpets, two bathrooms and accommodates one car space, plus plenty off street car park bays for visitors and convenient access to the free way. A large fully function kitchen with a dishwasher and plenty of storage space is adjacent to the spacious meals/living room which has access outside to the patio/yard area and separate storage unit. The location is one of convenience as you will be in walking distance to Swan River, Sir James Mitchell Park, Perth City, Millers Pool, the Old Mill with future plans for a café, Kings Park, the iconic Windsor Hotel, Perth Zoo, Mends Street jetty precinct and ferry terminal to Elizabeth Quay. You are only minutes drive from The Royal Perth Golf Club, 6-star Crown Casino, Optus Stadium and Angelo Street shopping precinct. The complex is well positioned being only 4km from Perth CBD and you will also have easy access to the freeway and public transport, with and bus number 35 only 200 metres away. Enjoy morning and afternoon strolls along the river where you are spoilt for choice with bars, restaurants and cafes. There is currently a lease in place on the property until 14th March 2024 with a rental income of $560pw. Outgoings: Council rates: $1,800.38 pa Water rates: $970.53 pa Strata fees: $1,109.30 pq BEST OFFER BY MONDAY 5TH FEB 5PM (the sellers reserve the right to sell prior). For further information contact Jack Shaw on 0466 898 054. (FOR QUICKEST RESPONSE PLEASE ENQUIRE ON REALESTATE.COM OR CALL) *Disclaimer: Ray White South Perth have in preparing this advert used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Reference to a school does not guarantee availability of that particular school. All distances are estimated using Google maps. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert. ALL boundary lines and size on imagery is APPROX only.**