107/2 Tenth Avenue, Maylands WA 6051

Term-limited lease | strata risk | no current sale price data | premium over suburb median The property carries rent certainty at $800 per week through February 2027, which provides immediate income cover and shields against vacancy risk. However, unit supply in the building and upcoming strata levy increases could compress net yield below the 4.2% implied rate. Given the Maylands unit median of $616,553, the estimated value near $983,000 suggests a substantial premium tied to size and building quality. The buyer should treat this as a medium-term hold for rental income rather than short-term capital gain. The internal space at 114m² is rare for a suburban apartment, offering townhouse-like volume without ground-level exposure. The dual car bays and separate storeroom improve liveability and resale appeal, especially for professionals or downsizers. The resort amenities and proximity to the Swan River and train line strengthen demand from tenants and owner-occupiers. This property best suits a buyer seeking stable cash flow with optionality for future owner occupation or release closer to lease end. The value conclusion rests on the 22% suburb price growth for units and the property’s size advantage. Next step is to obtain the current strata depreciation schedule and levy history to confirm holding costs before proceeding.