46/267 Wharf Street, Queens Park WA 6107

2-bedroom unit in retirement complex | Shared 2-hectare site | Clubhouse, gym, pool | Active Queens Park market This property sits within a large retirement community offering shared amenities that are rare for a unit at this price point—the 2-hectare complex with clubhouse, gym, and pool provides lifestyle value that standalone apartments cannot match. The 2-bedroom, 2-bathroom configuration suits downsizers seeking lock-and-leave living, and the active Queens Park market with over 230 listings suggests reasonable liquidity for this segment. The shared land and facilities effectively spread holding costs across 83 units, making this a lower-maintenance proposition than a freestanding house. The primary risk is the lease-for-life or retirement aged-care classification, which can restrict resale buyer pools to older purchasers and may involve ongoing fees not disclosed in the listing. Comparable units at 9/267 and 25/267-271 valued at $685,000 indicate significant price variance within the complex, meaning unit 46/267’s positioning relative to amenities or condition may explain its lower entry point. A buyer should verify strata levies, age restrictions, and any lease terms before committing. Hold this as a long-term lifestyle property for retirement or as a low-maintenance base with community support.