4 Cowlishaw Rise, Parmelia | Urban Habitat Real Estate

Description

Welcome to 4 Cowlishaw Rise, Parmelia – a rock-solid investment opportunity in a whisper-quiet cul-de-sac, offering immediate rental return and future growth potential. With a fixed lease in place until 6th July 2025 tenants to move onto periodical after this date, this home is ready to start working for you from day one, and also available still to owner occupants willing to give sufficient notice time to the tenants to vacate.

Parmelia has experienced strong capital growth over the past three years, with prices climbing steadily thanks to affordability, infrastructure improvements, and consistent rental demand. This suburb continues to attract investor and first-homebuyer interest alike – and with no signs of slowing down, now is a strategic time to secure your position in this rising market.

Set on a generous 699m² block with plenty of room for a granny flat, this 4-bedroom, 2-bathroom home blends functional living with smart updates – including a sleek, modern kitchen and refreshed bathroom finishes. The home is neat, low-maintenance, and well-situated for both long-term tenants and future owner-occupiers.

Inside, you’ll love the crisp black-and-white cabinetry, stainless appliances, and stone-look benchtops in the kitchen. Outside, there’s drive-through access and a blank canvas yard waiting for your vision.

Why you’ll love it:
• 4 well-proportioned bedrooms
• 2 renovated bathrooms with clean, modern finishes
• Sleek kitchen with island bench, plenty of storage & stainless steel appliances
• Timber-look flooring and neutral tones throughout
• Drive-through carport to backyard
• Situated on a spacious 699m² block
• Quiet, elevated cul-de-sac location
• Tenanted on a fixed lease until 6th July 2025
• Minutes from Kwinana Marketplace, schools, and parks

Financials:
* Annual Council Rates Approx.: $1,900
* Annual Water Rates Approx.: $1,050
* Expected Rental Return: Currently returning $595 future lease expectations $630 per week
* Occupancy: Tenanted on a fixed term lease ending 06/07/25 @$595 per week.
*** 60 days notice to be given to the tenant to vacate and have possession of the property should you wish to occupy.
* Sellers Preferred Settlement Terms: 11th to 15th of July 2025

Urban Habitat has no reason to doubt the accuracy of the information listed above which has been sourced by means which are considered reliable, however we cannot guarantee accuracy from third party sources. Prospective purchasers are advised to carry out their own due diligence