55-23 Sharpe Avenue, Pegs Creek, WA 6714

$760,000

Apartment
Type
2
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Sunday, May 17, 2026 ( See property details for 55-23 Sharpe Avenue, Pegs Creek, WA 6714)

$760,000

Shane Smith Commercial/Industrial Sales and Leasing Manager
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stylish, modern 2-bedroom, 2-bathroom apartment in Pelago West offering excellent investment returns and resort-style amenities in the heart of the city.

🏡 Property Highlights

  • High-yield investment with over 11.2% return
  • Leased to a Government Department until August 2027
  • Prime city centre location within walking distance to amenities
  • Stunning views from a large balcony
  • Modern apartment with stainless steel appliances
  • Resort-style complex facilities including pool, gym, spa, and sauna

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Swimming Pool
  • Secure Parking
  • Ceiling Fans
  • Air Conditioning
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Waterfront / Views

Pegs Creek offers a vibrant urban lifestyle with close proximity to restaurants, medical facilities, shopping precincts, and the hospital. The area boasts excellent walkability, modern amenities, and a strong community atmosphere, making it ideal for both residents and investors seeking convenience and lifestyle. Its central location ensures easy access to major transport links and recreational facilities, enhancing daily living and investment appeal.

What are the current lease terms and rental income?
The property is leased to a Government Department at $1650 per week until 27th August 2027, providing a stable and high-yield income stream.
What amenities are available within the complex?
The complex features a swimming pool with BBQ areas, a fully equipped gym, spa, sauna, and recreation room, offering resort-style living.
Is the apartment suitable for investment purposes?
Yes, with an over 11.2% return and a secure government lease, this apartment is an excellent addition to any investment portfolio.
What are the key features of the apartment?
The apartment includes open plan living, a large balcony with city views, stainless steel appliances, split air conditioning, ceiling fans, and modern bathrooms.
How close is the property to local amenities?
The property is within walking distance to restaurants, medical facilities, major shopping precincts, and the hospital, providing convenience and lifestyle benefits.
Are there any upcoming planned developments or zoning changes in the area that could affect property value? What are the strata or body corporate fees and are there any special levies? Are there any restrictions or easements on the property that could impact future renovations? Has the property been inspected for structural issues or defects? What are the local bushfire and flood risks, and are there any relevant safety measures in place? Are there any ongoing or planned construction projects nearby that could cause noise or disruption? Is the property compliant with all building codes and regulations? Are there any hidden costs associated with the property, such as maintenance or management fees? What is the history of the property regarding previous repairs or renovations? Are there any restrictions on leasing or subletting the property?

55-23 Sharpe Avenue, Pegs Creek, WA 6714 - More Details

$760,000

STUNNING AND STYLISH INVESTMENT! RETURN OVER 11.2%! GOVERNMENT LEASE.

This stunning 2 bedroom 2 bathroom apartment in Pelago West is now on the market for sale.

This beautifully modern apartment is currently leased to a Government Department at $1650 per week until 27th August 2027. Showing over an 11.2% return, this property would make a great addition to your investment portfolio.

This apartment is located in the hub of the City Centre within walking distance to restaurants, medical facilities, the major shopping precinct and the hospital.

Featuring:

Open plan living/dining and kitchen area with stainless steel appliances to the kitchen
2 large bedrooms with robes
2 modern bathrooms
Split air conditioning and ceiling fans throughout
Huge balcony with stunning views over the City and Swimming Pool
Secure undercover secure, gated, designated parking and storeroom
Facilities within the complex include, swimming pool with bar-b-que areas, fully equipped gym, spa, sauna and recreation room

Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
2

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