12 Pennant Street, North Perth WA 6006

character home on 468sqm | long-held for 60+ years | strong renovation potential | North Perth location | no overlay constraints This property presents a rare opportunity to secure a substantial 468sqm block in a tightly held North Perth street, where the long single ownership and original condition signal genuine renovation upside rather than a cosmetic refresh. The high ceilings, timber floors under carpet, and rear space for extension make it particularly suited to buyers seeking to create a tailored family home or a value-add project in a proven location. Its catchment for North Perth Primary and proximity to Mount Lawley Senior High add further depth for family buyers. The key risk lies in the inconsistent data across sources—particularly the bathroom count, building size discrepancy between 104sqm and 202sqm, and the 1962 versus 1940s build year—which demands independent verification before any offer. The estimated rental yield around 2.55% suggests the property is better suited to an owner-occupier with renovation plans than a pure investor. The absence of flood, bushfire, or heritage overlays removes common constraints, while 5G and NBN FTTN coverage support modern living without being primary value drivers.