2 Nannatee Way Wanneroo WA 6065

Corner block | 665m² land | 1978 build | 3-bed house | Wanneroo Primary catchment This property presents a competitively strong land position on a generous corner block within a sought-after area, a configuration that is increasingly rare in suburban markets. The large lot offers clear utility and future flexibility, serving a buyer seeking space over modern finishes. Its position within the Wanneroo Primary School catchment directly targets family demand, providing a fundamental tenancy or resale pillar that underpins its investment logic. The primary cost mechanism is the 48-year-old building, requiring immediate and ongoing capital allocation for maintenance and potential renovation to meet contemporary standards. The single bathroom configuration presents a functional limitation against typical three-bedroom stock. Acquire this property for its land bank and location attributes, with a plan to progressively upgrade the dwelling. Our analysis would pressure-test the valuation against true comparable sales and detail locality-specific overlays and insurance exposures.