15/3 Park Avenue Crawley WA 6009

Riverfront high-floor unit | 270 sqm triple bedroom | Dual balcony panoramic views | Premier complex amenities | Walk to Kings Park & UWA This property presents a rare high-floor configuration with commanding river and city views, distinguishing it from typical Crawley stock. Its expansive 270 sqm floor plan and premium complex amenities cater specifically to owner-occupiers seeking a spacious, low-maintenance residence in a prime location. The proximity to Kings Park and the university anchors its appeal to professionals and academic tenants, ensuring sustained demand. The primary risk is the strata-titled premium, where the size and views elevate costs above the local median without guaranteed proportional resale upside. The established complex mitigates development risk but carries ongoing levy obligations. Acquire for long-term hold as a principal residence to capitalise on lifestyle benefits; its size supports adaptability for a live-in family. A tailored property report would validate its market positioning against recent sales and detail strata health, overlays, and insured replacement value. Recent comparable sales in the immediate vicinity provide context: – 41/3 Park Avenue, a 246 sqm three-bedroom unit in the same complex, sold in June 2024. – 20/3 Park Avenue achieved an estimated off-market value of $1.634 million. These comparatives, though smaller or lower confidence, benchmark the subject property’s premium for its larger area and superior floor level.