93/369 Hay Street, Perth WA 6000

2 bed 2 bath north facing balcony | 31m² outdoor space | leased until July 2026 | resort style amenities in CBD This apartment offers a genuinely rare combination in Perth’s CBD — a spacious two-bedroom layout with a substantial north-facing balcony that extends the living area significantly. The resort-style building adds genuine lifestyle appeal with pools, gym, and concierge, which is uncommon at this price point. The property is already tenanted until mid-2026, which provides immediate income certainty for an investor, while the generous floor plan and secure parking make it equally suitable for an owner-occupier seeking a low-maintenance city base. The north aspect is a meaningful advantage for natural light and balcony usability. The inconsistency in reported floor area across sources is worth noting — one figure suggests 77m² internal while another implies 124m² total — so a buyer should verify the actual internal size against similar apartments in the building. The current lease may limit immediate occupancy for an owner-occupier, though it also demonstrates existing rental demand at a reported yield near 6%. The $485,000 sale three years ago highlights significant value growth, but the current asking level should be tested against comparable sales within the Royale complex to confirm it reflects market conditions rather than vendor expectation.