16/82 King Street, Perth WA 6000

luxury renovated 2-bed | King Street CBD pocket | premium finishes | strong downsizer appeal | high walkability The apartment occupies a rare position in Perth’s tightly held King Street enclave, with a high-spec renovation removing any immediate capital outlay for a buyer. This unit serves the professional downsizer market most effectively, offering boutique living steps from the CBD core where comparable stock is scarce and often older. The 2-bed, 2-bath configuration with likely premium materials positions it as a low-maintenance primary residence for those prioritizing location and quality of finishes over sheer space. Risks centre on unconfirmed parking provision and strata fees, which should be substantiated prior to commitment to avoid an unexpected cost burden post-purchase. The recent $1.15 million sale establishes a firm floor, but further upside depends on the broader luxury apartment segment; a flat market here would cap immediate gains. The property functions best as a lifestyle hold for long-term capital preservation in a tightly supplied corridor, not a short-term flip.