5/188 Loftus Street, North Perth WA 6006

Two bedrooms two bathrooms two car spaces | boutique complex | North Perth near CBD | generous 159sqm total area This apartment holds a rare configuration for the area. Two genuine bathrooms and two undercover car spaces in a boutique complex give it a structural advantage over most two-bedroom units in North Perth. The 159sqm total area is unusually generous, and the open plan layout with stone benchtops and a breakfast bar signals a finish level that competes well against newer stock. It suits professionals or downsizers wanting low-maintenance living without sacrificing space or parking. The location near the CBD and within the North Perth Primary catchment adds practical appeal for couples or small families. The main cost to the buyer is the $925 quarterly strata fee, which is meaningful for a 65sqm floor area and should be tested against the sinking fund balance. The 2024 sale at $580,000 sets a recent benchmark, and the current expectation sits well above that, so comparable evidence from similar two-bathroom units in the complex or nearby is essential. The owner-occupier majority in the building supports long-term stability, and the storeroom adds genuine utility. This property is best held as a primary residence or premium rental, not a flip.