10B Mount Henry Road, Como WA 6152

North facing rear | No strata fees | Rental-ready with tenant | Boutique group of three only This townhouse occupies a narrow but well-executed competitive position in the Como market. The north-facing alfresco and open-plan layout maximise natural light and usable outdoor space, features rare in a 132m² floorplan without strata levies. The boutique configuration of only three residences reduces neighbour density, which appeals to owner-occupiers seeking lower turnover risk. For an investor, the existing lease at $900 per week to excellent tenants provides immediate income cover with upside toward the estimated $930 market rent, translating to a gross yield near 4.2% at the $1.15 million threshold. The property best suits a buyer who values lock-and-leave convenience, council-rate-only holding costs, and proximity to the CBD and Manning Primary intake zone. The main risk lies in the 161m² survey strata lot: the land component is small, limiting future subdivision or significant value uplift through redevelopment. The absence of historical sales data on this specific unit means the buyer cannot verify capital growth trajectory relative to the broader suburb, where the only nearby comparable sold at $952,000 in late 2025. No pest or building reports were available in preparation, so structural condition remains unverified. The buyer should consider negotiating a building and pest inspection contingency. Structurally, the property holds best as a medium-term hold for stable rental income with optional owner-occupation, given the low outgoings and secure tenancy already in place.