Heritage 1930s character | Six-bedroom inner-city rarity | High-side rental yield | No recent street sales
This house presents a rare configuration for inner Perth, combining a 1930s heritage overlay with a six-bedroom, three-bathroom layout on a near-500sqm block, a scale unseen in current street listings. Its estimated rental range targets a specific high-demand segment, suggesting strong occupancy from large households or professional groups seeking central proximity to noted school catchments. The property serves a buyer seeking a substantial, character-filled holding in a tightly held street with demonstrated rental turnover.
The primary constraint is the heritage overlay, which legally limits renovation scope and imposes approval costs for any external changes, protecting streetscape but capping modernisation potential. The absence of comparable recent sales on Moir Street necessitates valuation from broader precinct data, introducing pricing uncertainty. Acquire this for a long-term hold, leveraging its size to achieve above-average rental income while the heritage designation ensures enduring streetscape character, a trade-off for development flexibility.