PRICE GUIDE $785,000 – $800,000 | ALL OFFERS PRESENTED
If you've been considering adding a quality property to your investment portfolio, now is the time to take another look at 114 Palmerston Loop.
Offering four bedrooms, two bathrooms and a modern, low-maintenance design, this impressive Sienna Wood home is already generating $730 per week in rental income, with a secure lease in place until April 2027.
For investors looking for immediate income without the downtime of finding a tenant, this property is ready to start working for you from settlement.
Set on an easy-care 315sqm block, the home offers approximately 132sqm of internal living and 178sqm under the main roof, combining a practical floorplan with modern finishes and excellent everyday comfort.
At the heart of the home is the spacious open plan living and dining area, flowing directly to the alfresco under the main roof. Ducted reverse cycle air-conditioning provides year-round comfort, while a front door intercom with camera adds another level of convenience and security.
The kitchen has been designed with both style and practicality in mind. A deep island bench with breakfast bar provides additional preparation space and storage, complemented by stone benchtops, a 900mm freestanding cooker, canopy rangehood, dishwasher, microwave recess and excellent cupboard space.
The generous main bedroom features a walk-in robe and private ensuite, while all three additional bedrooms include built-in robes.
Both bathrooms have been finished with a contemporary feel, including stone benchtops, European-style above-counter china basins, rainhead showers and fully framed glass pivot shower screens.
Outside, the undercover alfresco provides a great extension of the main living area, while the easy-care gardens make this a genuinely low-maintenance investment.
Positioned within the popular Sienna Wood Estate, the property is within walking distance of local parks and just a short drive from the popular Shipwreck Park. Schools, shopping and everyday amenities are all within easy reach, while convenient access to Tonkin Highway makes travelling throughout Perth straightforward.
INVESTMENT SNAPSHOT
• Four bedrooms and two bathrooms
• 315sqm low-maintenance block
• Approximately 132sqm internal living
• Approximately 178sqm total under the main roof
• Currently leased at $730 per week
• Lease in place until April 2027
• Approximate gross rental yield of 4.81% at $790,000
• Spacious open plan living and dining
• Stone benchtops and 900mm freestanding cooker
• Dishwasher and excellent kitchen storage
• Ducted reverse cycle air-conditioning
• Front door intercom with camera
• Built-in robes to minor bedrooms
• Walk-in robe to main bedroom
• Alfresco under the main roof
• Double garage
• Low-maintenance gardens
• Popular Sienna Wood Estate location
• Easy access to Tonkin Highway
For investors seeking an established property with immediate rental income and a long-term tenant already in place, 114 Palmerston Loop deserves another look.
Please note: The property is currently leased until April 2027 and the existing lease must be honoured by the successful purchaser.