3/1 Money Street, Bunbury WA 6230

Top floor exposure | aging 1965 strata | bushfire overlay | only one bathroom | limited parking The core vulnerability here lies in the 1965 strata title where aging common property and a bushfire overlay introduce latent cost and insurance friction that can erode yield. A single bathroom across effectively three sleeping spaces caps rental premium and resale pool. The top-floor position with uninterrupted inlet and bay views, however, is irreplaceable and provides enduring scarcity in Bunbury’s coastal strip. For an owner-occupier seeking lock-and-leave lifestyle with immediate amenity, this holds well; as a pure rental, the one-bathroom constraint and strata overhead must be priced in. The renovated kitchen, separate bedsit with kitchenette, and recently refreshed interiors give a turnkey advantage over neighbouring tired stock. Jarrah finishes and generous storage distinguish this from standard coastal units. The property best serves a downsizer or professional wanting CBD access plus water outlook without garden maintenance. Buyers should order a strata depreciation schedule and bushfire assessment before offer; these items directly inform negotiating leverage and long-term carrying cost.