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16/169 Railway Parade

Mount Lawley WA 6050

2
1
1
84 m²
Unit
Currently for sale - view listing

Overview

Vacant and Ready to Renovate - 83 sqm of Untapped Potential

Click "Enquire", "Get in Touch" or "Email Agent" for the floor plan and property information sent directly to your email. Make an Offer or become an Observer on Openn.com: https://anz.openn.com/app/l/ZYge If you've been searching for a property where hard work can be rewarded with genuine upside, this oversized two-bedroom, one-bathroom apartment deserves your attention. Positioned high amongst the treetops in a sought-after Mount Lawley location, this apartment offers a generous 84sqm of living space—substantially larger than many comparable apartments in the area. The spacious balcony overlooks the leafy surrounds, creating a peaceful retreat where you can enjoy the established trees and relaxed atmosphere that make Mount Lawley one of Perth's most desirable suburbs. There's no denying this apartment needs renovation, but that's exactly where the opportunity lies. Offered with vacant possession, you can settle and get started immediately. No tenants, no delays, and no waiting—simply bring your vision, your toolbox, and your creativity to transform this spacious apartment into a stunning home or high-performing investment. With excellent bones, an oversized floorplan and an enviable location, the foundations for success are already in place. What makes this opportunity particularly compelling is the value on offer. Recent sales within the building have achieved prices in excess of $700,000, yet this apartment is being offered from just $499,000. For buyers prepared to renovate, the potential to add significant value is clear. Located within easy reach of Mount Lawley's vibrant café and restaurant scene, shopping, public transport, parks, and the Perth CBD, you'll enjoy all the lifestyle benefits of this blue-chip suburb while creating a property tailored to your own tastes. Properties offering this combination of size, location, immediate availability, and value-add potential are becoming increasingly rare. Whether you're a first-home buyer looking to get into Mount Lawley, an investor seeking growth potential or a renovator searching for your next project, this is an opportunity not to be missed.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
84 m² floor area
Unit

Property history for 16/169 Railway Parade

2020
Rented
Undisclosed
Leased on 09 Sep 2020 by Enable Real Estate – Salter Point

Happy sellers in Mount Lawley

94%
94% of sellers in Mount Lawley reported that their sale price either exceeded or met their price expectations.

Mount Lawley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Mount Lawley over the last 12 months.

Local market activity for 2 bedroom units in Mount Lawley

In the last 12 months, 16 two-bedroom units similar to 16/169 Railway Parade, have been sold.

This represents a 25% increase in two-bedroom units sales when compared to the previous 12 months.

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