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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.
This property at 16/169 Railway Parade, Mount Lawley is a two bedroom, one bathroom unit listed for sale by Tracey Mainstone and James Yeoman at Key Performance Real Estate.
For more information about Mount Lawley, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Mount Lawley profile page.
If you would like to get in touch with Tracey Mainstone or James Yeoman regarding 16/169 Railway Parade, Mount Lawley, please call Tracey on 0414 766 804 or call James on 0400 900 622, or contact the agent via email.
Beautifully renovated homes populate the charming suburb of Mount Lawley. Leafy backdrops and picturesque landscapes offer a unique ambience, while a fast-paced, exciting main strip leaves no question as to whether Mount Lawley is an energetic urban locale. The suburb is situated five kilometres north of the Perth CBD.
With Beaufort Street a fixture of the suburb, there is plenty to do in Mount Lawley. A must-see destination for locals and visitors alike, the vibrant street is loved for its surplus of restaurants, pubs, wine bars, shops and cafes. Highlights include The Flying Scotsman and Queens Tavern, which never fail to draw a crowd, and the Astor Theatre, which hosts a number of must-see acts that come through Perth. Other features include the Mount Lawley Golf Club, Mount Lawley Senior High School and Edith Cowan University.