11 Preston Street, East Bunbury WA 6230

4 bed | 1 bath | 800m² | workshop | heritage overlay | East Bunbury The property’s strongest buying case is its rare combination of a 318m² building footprint with a powered workshop on an 800m² lot in a tightly held suburb where 90% of Preston Street is owner-occupied. The dual electric door workshop and side access for a caravan or boat make this house unusually suited for a tradie or a family needing serious storage, while the solar panels and bore-reticulated gardens lower ongoing costs. It serves best a buyer who values space and utility over cosmetic perfection, as the single-bathroom layout and 1983 build date suggest limited competition from families wanting ensuites. The heritage overlay is the primary risk, as it may restrict future renovations or subdivision, and the detected status means due diligence on council approvals is non-negotiable before any offer. The single bathroom is a functional constraint for a four-bedroom house, potentially capping resale appeal to owner-occupiers rather than investors. With the suburb growing 14.3% and rental yield at 3.8%, the property holds well as a long-term hold if the buyer can accept the overlay limitations and focus on the workshop as the differentiator.