2/2 Freshwater Parade, Claremont WA 6010

Ground-floor mid-century | 108.5sqm internal rarity | 50m to Claremont Quarter | Tightly held group of eight This unit presents a compelling proposition due to its unusually large internal living area for an apartment, a configuration increasingly rare in the suburb. Its ground-floor position with abundant light and recent high-quality renovations remove immediate capital demands, positioning it for an owner-occupier seeking low-maintenance, spacious living in a walkable prime location. The tightly held, small strata group suggests a stable ownership base, which is preferable for long-term holding. Decision hinges on the strata’s capital health for a 1965 building, despite recent renovations. The quarterly levy is moderate, but a specialist inspection must verify that the reserve fund adequately covers future major works. For a buyer, the commercial logic is the scarcity premium of its size and position; it is a hold-for-growth property, not a yield play. Proceed with an offer conditional on a strata report, targeting a discount to the estimated value that reflects the building’s age. Recent comparable sales nearby include 3/24 Freshwater Parade, Claremont, a 2 bed, 1 bath unit. While the exact sale price is unspecified, its presence confirms active demand in this immediate precinct. The subject property’s significantly larger internal area and recent renovation likely command a substantial premium over such standard stock.