15B Leeder Street, Glendalough WA 6016

3-bed townhouse on 909m² land | 2005 build | prime school catchment | low overlay risk | fibre/5G connectivity This property presents a rare configuration: a three-bedroom townhouse occupying a full 909-square-metre lot, a substantial landholding atypical for its type. Built in 2005, it offers modern amenities within the catchment of the highly proximate Lake Monger Primary School, serving families seeking space and convenience with minimal council overlay risk. The strong rental listing and recent valuation signal established demand, positioning it as a stable holding for an owner-occupier or a long-term investor. The primary risk is the ambiguity in its classification and build quality, listed variably as a townhouse or house without detail on finishes, condition, or strata implications, which could affect financing and insurance. The significant price growth since its 2019 sale necessitates rigorous, current valuation to justify the premium. Proceed with an offer conditional on a building and pest inspection to clarify structural integrity, while leveraging a Propcred report to ground its market price, verify locality risks, and secure appropriate insurance.