Riverfront high-floor tower | 3 bed plus 2 car | Swan River & city views | Strong rental demand signals
This unit presents a rare configuration within the Burswood market, combining a substantial lot size and dual car spaces with an uncompromised, elevated riverfront aspect. The sweeping views and spacious layout define a premium offering that serves a specific buyer profile: those seeking a permanent residence with a luxury feel or an investor targeting the high-yield, low-supply segment of the rental market. Its position in Aurora Tower commands a scarcity premium that typical suburban stock cannot replicate.
Your decision hinges on balancing this positional strength against the inherent risk of the flood overlay, which may impact future insurance costs and liquidity. The significant valuation gap since its 2007 sale suggests substantial upside has been captured, yet current rental estimates indicate strong ongoing yield. Acquire this as a long-term hold to leverage its irreplaceable views and rental demand, rather than for short-term trading, as its niche appeal ensures sustained desirability against newer, view-compromised developments.