6/132 Sixth Avenue, Inglewood WA 6052

1971 build | 70m² internal | 2701m² strata lot | 5% yield signal | walkable schools This unit presents a standard configuration for the suburb, aligning with the prevalent older apartment stock, and its primary strength is its position on an unusually large strata lot, offering a comparative sense of space within its class. The recent rental history and estimated yield signal consistent tenant demand, making it a straightforward proposition for an investor seeking a predictable, mid-yield holding in a stable inner-fringe location. It is best suited to a value-conscious buyer prioritizing functional proximity to schools over modern finishes. The 1971 construction necessitates a stringent review of strata health and capital works planning, as future levies for maintenance represent the principal financial risk. The valuation sits at the upper end of the suburb’s typical range for this vintage, demanding verification against true comparable sales. Proceed with a disciplined focus on the strata report, and hold as a long-term rental; its value appreciation will be tied to land component within the complex and general suburb movement, not asset improvement.