1/4 Pikurta Way Karlkurla WA 6430

Income locked at $900 week | No strata fees | Short market history | Suburb price ceiling unclear The property’s key risk is its recent sales history: a 2022 sale left no public record of price gain, and a 2022 listing at $469,000 now sits with no disclosed price-suggesting the vendor’s expectations may exceed market evidence. Opportunity lies in the rare $900/week lease and no strata fees, which together support holding cost or yield if bought below comparable. Judgment: this townhouse works as a held investment if negotiated off the lease income, not the vendor’s hope. What is competitively strong here is the lease in place and the absence of strata fees-both unusual in a 2014 townhouse and directly underpin cash flow. For a buyer seeking immediate rental coverage with no body corporate drag, this property shortens exposure to vacancy risk and expense surprises. Best suited to an investor who values passive income over speculative growth. The 2022 sale and subsequent listing price offer a transaction benchmark, not a value anchor-use the $900/week income to build your own exit ceiling. Before proceeding, verify the lease expiry and condition report to confirm the income is sustainable at current rates.