Wembley, 308/365 Cambridge Street – From $259,000

Wembley, 308/365 Cambridge Street – From $259,000

IF YOU are looking for an investment property, it will be hard to go past this Wembley apartment.

It is rented at $250 per week to a long-term tenant who would be happy to stay for many years to come.

It is easy to see why – the location is very appealing, diagonally opposite the Wembley Hotel, a short walk from IGA, Bakers Delight, Flipside Burgers, The Stanley, Hermosa-Cantina and Lawleys Bakery.

It also close to the CBD, West Perth and Subiaco in one direction and the beach in the other, and has easy access to public transport.

The home has one bedroom, with a built-in robe, one bathroom and an open-plan living, dining and kitchen area.

The living room opens to a balcony that has view across Jolimont.

The apartment is available partly furnished.

Selling agent Sam Bevan said it was an excellent investment, with a fixed-term lease in place until September 30, 2017.

It would also suit a first-home buyer looking to move in within the year.