4/71 Norbury Way, Langford WA 6147

Ground-floor strata unit | 3 beds, 1 bath, 2 cars | 1990 build, low-maintenance | Pet-free complex | 5.2% gross yield potential This ground-floor unit presents a straightforward, low-maintenance investment proposition within a strata-managed complex. Its competitive strength lies in the configuration of three bedrooms and two car spaces, which is a practical offering for the rental market, coupled with a gross rental yield estimate that sits above average. The property is positioned for an investor seeking a tenanted, hands-off entry into the Perth market, with gardens maintained by the strata and a fixed-term lease implied. The absence of pets simplifies management, and the ground-floor location often appeals to a wider tenant demographic. The primary decision hinges on strata due diligence and the inherent limitations of a single-bathroom layout. Strata fees, bylaws, and the long-term maintenance plan for the 1990-built structure are critical, unprovided cost variables that directly impact net returns. The single bathroom caps capital growth relative to two-bathroom units and may affect resale liquidity. Proceed only after reviewing the strata report and budgeting for eventual bathroom upgrades, but for a buy-and-hold investor prioritizing yield over aggressive appreciation, this unit warrants a disciplined offer below the estimated value.