52/2 Wexford Street Subiaco WA 6008

Top-floor renovated duplex | Emporium complex | Subiaco fringe | dual-level layout | 150sqm land component This unit holds a structural advantage over most Subiaco apartments because it is a two-level renovation atop a known complex, with a 150sqm land allocation that is rare for a strata unit. The 102sqm internal area and open parking for two cars give it the feel of a small townhouse, which appeals to owner-occupiers seeking space without a full house price. The fully fenced yard and balcony extend liveability for downsizers or professionals who want proximity to West Leederville Primary and Bob Hawke College. The property is best suited to a buyer who values configuration over raw location—the Emporium position is secondary to the internal volume and private outdoor space. The main risk is that the property sits on a busy thoroughfare, which may limit capital growth compared to quieter Subiaco pockets. The 2024 sale and current rental estimate of $885 per week suggest yield is moderate, not exceptional. However, the absence of bushfire, flood, or heritage overlays reduces holding complexity. The opportunity lies in the land component—this is a unit that could be held as a long-term owner-occupier base or converted to a high-yield rental for tenants who value dual-level living. Use it as a lifestyle hold with a clear exit via the strata land parcel.