14 Prentice Place, South Lake WA 6164

Renovated strata house | 393m² north-facing backyard | South Lake infill scarcity | 1987 build with modern finish This property is a rare infill opportunity in South Lake, where fully renovated homes on strata-titled land under 400m² are infrequently offered. The sunken north-facing backyard is a structural advantage, extending usable outdoor time and differentiating it from typical flat lots. A buyer who values immediate move-in condition and private outdoor space over land banking will find this house competitively positioned, especially given the absence of strata fees. It serves owner-occupiers seeking a low-maintenance, stylish home in an established suburb with good council amenity. The primary risk is the strata title itself, which may limit future subdivision or extension options and could deter some resale buyers. The estimated value sits below the asking range, meaning a buyer should negotiate based on comparable sales rather than list price. A long hold strategy is sensible here, as the renovation reduces near-term capital expenditure and the location benefits from Cockburn’s steady demand. Use the north-facing yard as your leverage point in negotiations.