13/13 Fairlight Street, Mosman Park WA 6012

Top-floor position | renovated kitchen | near station and beach | low strata | strong rental yield The top-floor configuration offers a meaningful advantage over lower units in this 1969 block, providing greater privacy, reduced noise, and a light-filled interior that is rare for a 39-square-metre floorplan. The renovated kitchen with gas cooktop and secure car space add functional appeal for a first-home buyer or investor targeting the entry-level market. Its location within walking distance of Victoria Street station and South Cottesloe Beach, combined with proximity to Shenton College intake area, supports consistent rental demand and capital stability. The primary risk lies in the heritage overlay, which may impose restrictions on future alterations or redevelopment, limiting long-term flexibility. The 75% drop in local sales volume for similar units signals a thinning market, potentially reducing resale liquidity. However, the current rental yield of 3.11% and low quarterly strata levies of $820 partially offset this, making the property a viable hold for income-focused buyers who prioritise location over future growth upside.