Description
This double brick home offers the ideal mix of comfort, convenience, and potential — perfectly suited to first home buyers, downsizers, or savvy investors seeking a well-positioned property with strong long-term growth. The pace of growth in Parmelia has been remarkable, with property values doubling over the past three years. With demand far outstripping supply and new builds taking more than two years to complete, now is the time to plant your investment seed and watch it grow.
Set on a generous 713m² block, the backyard features a large shed with drive-through access from the front of the property. The charming stone retaining wall adds a touch of old-world character and provides the perfect foundation for creative landscaping ideas.
Tucked away in a quiet yet convenient location, this home is within walking distance of Kwinana Marketplace, local schools, parks, and public transport options — offering a lifestyle that’s both relaxed and practical.
The current tenant is on a periodic lease, paying $550 per week, and is keen to stay on if the property is purchased by an investor — providing instant rental income from day one. If you are seeking to owner occupy settlement terms will need to be flexible to allow the tenants time to relocate.
Love to plan ahead? With side access and a spacious block, there’s excellent potential to add a granny flat (STCA) — creating extra income or space for extended family. (Current advertising suggests a granny flat can be built for under $200,000 and could potentially double your cash flow.)
The Perth property market is running hot, and homes like this are being snapped up quickly. Opportunities with this much flexibility, location appeal, and future promise are becoming increasingly rare — so don’t delay!
If you’re after affordability, versatility, and long-term upside, this home ticks all the boxes.
Other Features
R12-20 Zoning
