3/144 Celebration Boulevard, Clarkson WA 6030

Two-bedroom unit | tenanted until mid-2026 | strong recent growth in building | primary school catchment This property presents a compelling, low-management entry into the Clarkson market with immediate cash flow. Its two-bedroom, two-bathroom configuration with dual parking is competitively strong for the area, appealing directly to small families or long-term investors seeking stability. The secured tenancy until July 2026 provides a clear income runway, insulating a buyer from vacancy risk and offering a straightforward transition at lease end for owner-occupation. It serves best as a set-and-forget investment or a future residence with a known settlement date. The primary risk is the inherent lack of control and potential for unforeseen costs within a strata title, where council and water rate liabilities are already established. The opportunity lies in acquiring a tenanted property below typical market entry costs, using the existing lease to service debt while benefiting from the demonstrated capital growth trajectory within the building. This is a hold property; maintain the tenancy for income security, then reassess for personal use or sale upon lease expiry in 2026. A recent sale in the same building provides a relevant benchmark. Unit 6/144, a one-bedroom, one-bathroom with single parking, sold for $455,000 in March 2025. It was purchased for $250,000 in June 2020, representing approximately 13.4% annual growth over a four-year hold. This sharp growth signal, while for a smaller unit, supports the building’s desirability and suggests a positive value environment for the subject two-bedroom unit.