312/403 Newcastle Street, Northbridge WA 6003

North-facing Level 3 Qubis apartment | 68-74sqm plus balcony and storeroom | boutique 2009 build with gym | walk to Northbridge, Perth city, Leederville The buying case here rests on the combination of a genuine north-facing balcony with double sliding doors and a boutique building that includes a gym—rare in this price bracket within walking distance to both Northbridge and the CBD. The 68-74 square metre internal layout, with two bedrooms and two bathrooms, is efficiently configured for a couple or professional sharers, and the separate 4 square metre storeroom adds tangible utility that most apartments lack. Fresh paint and new split-system air-conditioning reduce immediate maintenance, and the vacant possession gives a buyer either immediate occupation or a clean start for leasing. This property is best suited to an owner-occupier wanting a lock-and-leave base near the city, or an investor targeting the professional tenant demographic who values security, gym access, and a well-protected outdoor space. The primary risk is the Level 3 position—while north-facing is strong, lower floors in a busy Northbridge location can carry more street noise and less privacy than higher levels, and the 2009 build may have strata levies that are not yet fully tested for long-term capital works. The storeroom and secure car bay partially offset this by improving rental appeal and owner convenience. There is an opportunity to add value through minor cosmetic upgrades to the kitchen or bathroom if they show wear, but the unit is essentially move-in ready. Hold this property as a medium-term city-fringe base or rental; its location and configuration should support steady demand even if capital growth is modest compared to houses in the same budget range.