7/696 Albany Highway, East Victoria Park WA 6101

Modern 2b2b with ensuite | 82m² internal plus large balcony | 400m to leisure centre | Secure strata complex | Vibrant Albany Highway precinct This unit presents a competitively strong offering for an owner-occupier or investor seeking a low-maintenance, modern residence in a high-amenity location. Its two full bathrooms, including a master ensuite, are a rarity in the two-bedroom segment, enhancing livability and rental appeal. The 2014 build date places it above much of the older stock, reducing immediate capital expenditure. Its position within walking distance to the leisure centre, park, and the Albany Highway cafe strip creates a lifestyle premium that sustains demand. The primary risk is strata title itself, incurring ongoing levies and imposing governance constraints on the owner. The 2026 valuation estimates show a significant spread, indicating market uncertainty that could affect refinancing or exit. For a buyer, the opportunity lies in securing a turnkey property in a proven rental corridor, with a yield around 4.75% providing a serviceable holding cost. This property is a hold for the medium term, leveraging its location to ride suburban densification, rather than a short-term trading vehicle.