25 Raphael Street, Subiaco WA 6008

Renovated terrace on character street | Secure underground parking for two | Private courtyard off living | Master balcony and ensuite This property occupies a strong position in Subiaco’s tightly held terrace market, where a fully renovated interior with high-end finishes and a functional floorplan is uncommon at this price point. The secure underground parking for two cars, private courtyard, and master balcony provide genuine lifestyle advantages that appeal to downsizers, professionals, or investors seeking low-maintenance urban living. The renovated kitchen with Caesar stone and Smeg appliances, combined with ducted air conditioning and a gas fireplace, means no immediate capital expenditure is required, strengthening the buyer’s negotiating position. The primary risk is the strata quarterly fee of $996, which should be reviewed for sinking fund adequacy and any upcoming special levies. While the heritage overlay may limit future external alterations, it also protects the street’s character and property values. The absence of a fixed price requires careful comparable sales analysis to avoid overpaying, though the estimated value range of $1.6M to $2.12M provides a broad reference. The rental estimate of $1,270 per week offers a credible fallback for buyers considering future leasing.