52/99-105 Wellington Street, East Perth WA 6004

Heritage overlay | Secure gated complex | Total four car spaces | Opposite Wellington Square This unit presents a competitively rare configuration of four total parking spaces within a secure complex, a significant functional advantage in a high-density precinct. Its position directly opposite Wellington Square and short distance to the CBD creates a strong lifestyle proposition, best serving an owner-occupier seeking inner-city convenience with practical parking, or an investor targeting professional tenants who value vehicle accommodation and location over interior luxury. The primary risk is the heritage overlay, which may impose future renovation costs and limit alteration potential, effectively taxing capital growth. The 1995 build suggests interiors may require modernisation to achieve premium rents. The commercial logic is securing a well-located unit with a durable parking advantage. Acquire for hold, accepting the overlay’s constraints as the price for its positional strength and configuration rarity.