21/2 Wylie Place, Leederville WA 6007

2-bed unit, 133sqm lot | 2 car bays in inner Perth | Park outlook with verandahs | Leased at $750/week to late 2026 This property stands out for its uncommon combination of generous floor area and two dedicated car spaces within a walkable inner suburb. The park-facing aspect with verandahs adds a layer of amenity rarely found in standard apartment stock, making it more comparable to a garden unit in feel. At 133 square metres on its own lot, it offers more breathing room than typical Leederville units, which tend to be smaller and tighter on parking. The existing lease through October 2026 provides immediate income certainty, and the modernised kitchen and bathroom reduce near-term maintenance concerns. This unit is best suited to an investor seeking secure rental return with long-term capital growth potential, or an owner-occupier who values space, parking, and a tranquil outlook without sacrificing proximity to cafes and transport. The sale price of $680,000 in June 2025 sits notably below the current listing figure of $859,000, which may reflect a different market moment or an aspirational vendor expectation. The gross rental yield of approximately 5.7% based on the June sale is strong for inner Perth, but the yield drops to around 4.5% at the higher listing price, which may be less compelling for yield-focused buyers. The absence of verified build year or floor level means depreciation benefits and strata levy history remain unknown, both of which could materially affect holding costs. The park outlook and two car bays are genuine differentiators, but their value premium depends on whether comparable units in the immediate area trade at similar or lower levels. A buyer should verify the strata records, confirm the exact floor level, and assess whether the current lease aligns with market rents before forming a view on price.