1B/112-122 Goderich Street, East Perth WA 6004

Ground-floor dual-access | Renovated compact unit | Heritage overlay | Highgate/Bob Hawke catchment | 1968 strata The buying case is built on a rare combination of ground-floor dual access and a renovated interior in a 1968 strata complex—features that give this unit a practical edge over similar stock. The small footprint is offset by immediate walkability to the CBD and established primary/secondary school catchments, making it suitable for first-home buyers or investors targeting steady inner-city rental demand. This property occupies a defensible position at the entry level of the East Perth market, where proximity to transport and amenities supports consistent tenant interest. The heritage overlay imposes constraints on external alterations, which may limit future renovation scope and add approval delays—a cost the buyer must account for in both timeline and budget. Strata levies in a building of this era require careful due diligence, and the compact 40sqm layout may narrow the resale pool to investors or singles. On the opportunity side, the renovated kitchen and parking reduce immediate capital outlay, and the rental yield profile (roughly 7–10%) means the unit can be held as a cash-flow neutral or positive investment. Hold this property as a low-maintenance rental or a cost-effective city base; avoid overcapitalising on cosmetic upgrades given the heritage overlay.