405/170 The Esplanade Scarborough WA 6019

Top-floor penthouse | 4-bed plus self-contained studio | 3 car bays | Direct ocean views | Rare complex offering This property presents a rare configuration for apartment living, combining a top-floor penthouse position with a fully self-contained studio and three car bays. This scale and flexibility are uncommon in the suburb and create multiple occupancy or income scenarios, serving a buyer seeking a primary residence with guest accommodation or dual-income potential. Its front-row ocean views and position within a tightly held complex solidify its premium positioning. The 1990 build year necessitates a thorough structural and mechanical inspection, with the bushfire overlay carrying potential insurance cost implications. The commercial logic lies in leveraging the studio for rental yield to offset holding costs. Proceed with a strategy to hold long-term, capitalising on its scarcity. Our report would ground its valuation in comparable penthouse sales, detail locality-specific risk from the overlay, and clarify insurance assessments.