THE CHARLESTON, HAY ST WEST PERTH, WA
Heritage apartments starting at $639,000 - 1 bedroom, 1 bath, 1 car park
Welcome to The Charleston, where timeless elegance meets modern living in the heart of West Perth. This meticulously restored heritage building offers a rare opportunity to own a piece of Perth's architectural history while enjoying contemporary comforts.
Historic Charm
Original restored features showcase the building's 1920s character, from ornate ceilings to jarrah floorboards
Premium Location
Perfectly positioned on prestigious Hay Street, minutes from Kings Park, CBD, and premium amenities
Modern Luxury
Thoughtfully renovated interiors blend period details with high-end contemporary finishes
Each boutique residence features generous proportions, secure parking, and the character that only a heritage building can provide. Don't miss this unique opportunity to live in one of West Perth's most distinguished addresses.
LOCATION
The Charleston is within close proximity of Perth CBD. Making this the ideal investment opportunity, or apartment for those working within the city.
- 1.7km - Perth CBD
- 2.3km - West Leederville Train Station
- 3km - Royal Perth Hospital
"Leafy streetscapes, heritage buildings and neighbouring Kings Park are the backbone of West Perth's character and charm, brings together all the benefits of inner-city living in an established village setting. A neighbourhood on the cusp of change as a vibrant, intergenerational place for new residents and workers." - Perth.wa.gov.au
LOCAL AMENITIES
1
550m to Parliament House
2
1.6km to Kings Park (Main Entrance)
3
1.1km to Perth Modern School
4
1.2km to Woolworths St. Georges Tce
5
1.3km to Hay Street Mall
6
450m to Kind Early Learning
7
400m to Watertown Brand Outlet Centre
8
2.5km to Saint Mary's Cathedral
9
650m to Mount Street Breakfast bar
10
350m to Brewdog Perth
11
1.7km to Perth CBD
WEST PERTH, WA FACTSHEET
Location
Hay Street is a short 1.7km to Perth CBD.
Employment
West Perth holds a 4.8% unemployment rate, lower than the Australian average of 6.9%
Rental Occupancy
The current vacancy rate for West Perth is only 1.79%. With the median rent increasing 14.54% in the last year.
Transport
West Leederville Train Station - 2.3km Hay Street, Parliament House bus stop - 42m
Education
There are 10 education establishments in an under 15 minute drive radius of The Charleston.
Healthcare
Mount Hospital - 1.1km - 8 minute drive Royal Perth Hospital - 3km - 7 minute drive
WEST PERTH RENTAL LANDSCAPE
Rental Vacancy Rates
Western Australia's rental vacancy rate is 0.59%, which has led to some calling it a rental crisis. West Perth sits at a 1.79% rental vacancy.
Rental Demand
In West Perth, 46.35% of its occupants live in rented accommodation.
WESTERN AUSTRALIA FACT SHEET
MINING
WA is the resource hub of Australia. Producing more than 50 minerals from about 125 operating projects, including iron ore, nickel, gold, petroleum and lithium. WA is also home to one of the world's largest diamond mines and the world's largest reserves of iron ore.
TOURISM
Tourism is an important industry to the Western Australian economy, filling over 90,000 jobs and contributing over $16 billion to WA's economy. On average over 10 million travelers visit Western Australia every year.
EXPORTATION
WA's economy is export-oriented. Almost half of Australia's exports of goods originate from the state each year, such as minerals, petroleum, agri-food and specialized manufactured goods. These export industries support employment across the WA economy.
AGRICULTURE
WA's vast size, extensive coastline, varied landscapes and diverse climate zones enable production of a broad range of products. Producing seafood, dairy, fruit, vegetables, meat, livestock, aquaculture, grains, honey, processed foods, wines and beverages.
WA INFRASTRUCTURE PROJECTS
$5.7B
Road, rail & transport
$800M
Health-related infrastructure
$1.2B
Electricity generation, transmission & distribution
$736M
Education & training
Upcoming projects over the next four years
WA EMPLOYMENT
1
Record Employment
WA's total employment surpassed 1.6 million for the first time, with both men and women achieving record employment levels. The state's unemployment rate dropped to 3.6%, below the national rate of 3.7%.
2
Job Creation
Since the Labor government took office in 2017, over 300,000 jobs have been created, marking a 23.4% increase. This includes 210,434 jobs during the current term, exceeding the target by over 68%.
3
Population Growth
Population data from the Australian Bureau of Statistics shows a 3.3% increase in WA's population over the past year, the highest in nearly 15 years. This growth is fueled by strong net overseas migration, with WA being one of only two states experiencing growth in net interstate migration.
4
Economic Performance
These positive indicators align with recent ABS data showing WA's domestic economy growing by 4.7% in 2023, twice the national growth rate and the highest among states and territories.
THE CHARLESTON
Located in the East End of West Perth, The Charleston was meticulously restored throughout 2021 and completed in 2022.
Since July 2022 The Charleston has been operating as a profitable boutique shortstay accommodation business.
Each apartment is Strata titled with its own exclusive car bay, and has a keyless entry feature installed.
PROPERTY FEATURES
- Meticulously renovated across 2021 & 2022.
- Suitable for both Owner Occupiers and Investors.
- CCTV across all common areas internal & external.
- Allocated car bay for each apartment.
- Property manager in place for investors.
- Furniture package available.
- Ready to settle.
- 5 minute drive into Perth CBD.
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APARTMENT DETAILS
$639K
Starting Price
1.7km
Distance to CBD
7%
Rental Return
64m²
Apartment Size
FLOOR PLANS
TYPE 1
TYPE 2
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P: 0416 189 765