Back Unit 12/14 Lyons Cove
Off Market

Unit 12/14 Lyons Cove

Bunbury WA 6230

2
2
1
87 m²
106 m²
Apartment
Last sold for $372,000
Roslyn IeraceRoslyn Ierace, last sold this property on 22 August 2025 after 18 days on market.

Overview

AUCTION HAS ENDED - WINNING BID $372,000

SOLD by Roslyn Ierace using Openn Negotiation! Ideal for cashed-up Self-Managed Super Funds or just the astute investor! Since 1988, thousands of people have enjoyed the safety and security of owning a Quest apartment. Like them, you could be enjoying strong rent returns and lower outgoings with the peace of mind that Quest is maintaining your investment property to the highest standards. There's none of the usual frustrations typically associated with owning a residential investment property, and no need to worry about tenants coming and going, vacancy periods, not even things like minor repair and maintenance obligations or property management fees. With Quest, showing extra-long-term leases, rents are paid monthly directly to you without any deductions. ** No management fees - No letting fees ** 4% Annual built-in rent increases (for 5 consecutive years) ** No vacancies - Rent paid regardless of occupancy ** Long term lease with commercial performance ** Tenant is responsible for all non-capital repairs ** Tenant pays Strata Fees ** Strata titled residential apartments ** Bricks & mortar security ** Attractive taxation benefits ** Security of a trusted Australian brand as your tenant Great investment property… The only type to have, fully managed by Quest and carefree. "The Quest Apartments Bunbury", a two-storey complex, is just a stroll across the road to Koombana Bay, and not much further to the city centre. Consists of 2 bedrooms, 2 bathrooms, with lounge, kitchen, meals, and laundry, but cleverly designed to give 2 separate rentable units, allowing great guaranteed returns. With the complex having its own swimming pool, tennis courts, and BBQ area. These have proven to be popular investments for the locals, with guaranteed returns. Just regular income and peace of mind, combined with LOCATION, LOCATION, LOCATION. Current annual rent $ $26,332.56… That's an amazing $506.40 per week, with a 4% increase as of 15th December 2025 Council rates $2,305.85* Water rates $1,649.92 Strata $3,072 PA - Tenant pays $2,020 - Owner pays $1,051.88 This property is for sale by Openn Negotiation (Online auction with flexible conditions) The auction has commenced, and the property could sell as early as tomorrow. Contact Exclusive Agent Roslyn Ierace immediately to become qualified or you could miss out! (The sellers reserve the right to sell prior) Register to watch the auction at openn.com.au Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
87 m² floor area
106 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Bunbury over the last 12 months, the estimated median property value of Unit 12/14 Lyons Cove is $501.11k.

Median value
$501.11k
Estimated value range
$350k - $680k
Median days on market
52
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Bunbury. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Unit 12/14 Lyons Cove

2025
Sold
$372,000
22 Aug 2025 by Roslyn Ierace, of Elders Real Estate South West - Bunbury

Happy sellers in Bunbury

92%
92% of sellers in Bunbury reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 32 reviews in Bunbury over the last 12 months.

Local market activity for 2 bedroom apartments in Bunbury

In the last 12 months, 11 two-bedroom apartments similar to Unit 12/14 Lyons Cove, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Bunbury

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent