2/48 Forrest Street, South Perth, WA 6151

$820,000

Villa
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 2/48 Forrest Street, South Perth, WA 6151)

$820,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance three-bedroom villa in a prime South Perth location with established tenancy and excellent amenities.

🏡 Property Highlights

  • Located in a sought-after, tightly held street within South Perth
  • Small complex of only four residences offering privacy and community feel
  • Currently leased at $650 per week with an established tenancy until 2027
  • Low-maintenance private courtyard ideal for outdoor entertaining
  • Spacious, air-conditioned living and dining areas with timber-look flooring
  • Convenient access to South Perth foreshore, CBD, and local amenities

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Fly Screens

South Perth is a highly desirable suburb known for its scenic riverfront, lush parklands, and vibrant dining scene. It offers excellent public transport links, proximity to the CBD, and a range of recreational facilities, making it ideal for families, professionals, and investors alike. The area boasts a strong community feel with well-established amenities and easy access to top schools and leisure options.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with timber-look flooring throughout and modern amenities, with no recent renovations noted but in excellent condition.
What are the ongoing costs associated with this property?
Annual costs include approximately $1,219.70 for water rates and $2,386.12 for council rates.
Is the property suitable for families or investors?
The property is ideal for both families seeking a convenient lifestyle and investors looking for a secure, leased property with a strong rental return.
What amenities and facilities are nearby?
The property is close to South Perth Primary School, Wesley College, Royal Perth Golf Club, South Perth foreshore, and public transport routes to Perth CBD.
Are there any restrictions or strata fees associated with the complex?
The property is part of a small complex of four residences; specific strata or body corporate fees are not detailed but should be confirmed.
Are there any upcoming maintenance or repair costs expected for the complex? Is there any history of flooding or bushfire risk in this area? Are there any restrictions or easements affecting the property? What are the terms of the current lease, and are there any rent increase provisions? Are there any planned developments or zoning changes in the vicinity that could impact the property? Is the property compliant with all building and safety regulations? Are there any additional costs for strata or community fees? Has the property been inspected for pests or structural issues? Are there any noise or neighbour-related concerns in this quiet complex? What are the long-term plans for the surrounding area and infrastructure?

2/48 Forrest Street, South Perth, WA 6151 - More Details

$820,000

Positioned within one of South Perth's most sought-after and tightly held streets, this three-bedroom villa is located within a small complex of just four residences and offers a practical, low-maintenance lifestyle in a convenient setting.

Currently leased at $650 per week until 12/02/2027, this property provides a secure rental return for investors seeking an established tenancy in a highly desirable location.

Timber-look flooring is featured throughout the home. The air-conditioned living and dining area enjoys an outlook to the front garden and the kitchen offers ample storage and a servery through to the dining space.

All three bedrooms are generously sized, along with a separate laundry for convenience and a private courtyard for entertaining guests or winding down, plus undercover parking and a front garden.

South Perth is a well-established suburb offering a mix of residential streets, parklands, the Swan River and convenient access to the CBD. It is well serviced by public transport and provides access to local amenities, schools and recreational facilities.

The Details That make The Difference:
- 3 bedrooms, 1 bathroom villa
- Complex of only 4 residence
- Spacious air-conditioned living and dining area
- Private rear courtyard for low-maintenance outdoor living
- Current lease in place at $650pw until 12/02/2027
- Total area: 120sqm (Internal: 74sqm | Courtyard: 24sqm | Carport: 16sqm | Porch: 6sqm )

Location Highlights:
- Directly opposite South Perth Primary School
- Approx. 750m to Wesley College
- Approx. 1km to Royal Perth Golf Club
- Approx. 1.5km to South Perth foreshore
- Appro. 1.7km to Mend Street Jetty
- Approx. 2km to South Perth foreshore entertainment and dining precinct
- Well connected to major roads for accessible commuting
- Easy access to Perth CBD and public transport routes

The Numbers:
- Water: $1,219.70 p/a
- Council: $2,386.12 p/a

This property provides an opportunity to secure a villa in a small South Perth complex, with the benefit of an established tenancy and convenient access to local amenities and the CBD.

Contact Josh Roberts on 0403 879 855 or [email protected] or contact Sean Roberts on 0477 172 138 or [email protected] to arrange your private viewing.
Type
Villa
Bedrooms
3
Bathrooms
1
Parkings
1
House Size
120 m²

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