61 Alexandra Road, East Fremantle WA 6158

Federation Bungalow | Heritage Overlay | Heated Pool | Premium River Street | High Integrity This property presents a compelling, low-supply character home in a prime position. Its high heritage integrity and seclusion on a desirable street offer a defensible, premium lifestyle proposition rarely available. The heated pool and jarrah features enhance livability. It best serves a buyer seeking a permanent, character-rich residence who values established streetscapes over land size. The primary risk is the constrained 276m² lot limiting expansion, with rear additions already deemed insignificant, capping improvement potential. The heritage overlay mandates sympathetic upkeep, adding cost and complexity to any modifications. However, its contribution to a historic precinct provides enduring value stability. Acquire as a long-term hold; its value is in preservation, not redevelopment. Recent comparable sales nearby indicate strong underlying values for premium positions on this street, with one neighboring property estimated above three million dollars. This context suggests the subject property’s estimated value is positioned within a high-value corridor, reinforcing the premium attached to this location and character.