12/17-21 Third Avenue

Kelmscott WA 6111

- Modern Kitchen: Stainless steel appliances, ample storage, and a practical layout that flows seamlessly into the courtyard.
- Private Courtyard: Low-maintenance outdoor space, ideal for alfresco dining, entertaining, or quiet relaxation.
- Laundry Area with Ample Storage
- Generously Sized Bedrooms: Three spacious bedrooms with built-in wardrobes, plus a master suite with a walk-in robe and ensuite for added privacy.
- Comfort & Security: Reverse cycle air conditioning for year-round comfort, an alarm system for peace of mind, and a double garage for secure parking.
- Low Maintenance Lifestyle: Designed for convenience, offering easy living with minimal upkeep.
- Investment Opportunity: Strong rental potential of $600 to $650 per week, perfect for investors seeking steady returns.
- Prime Location: Walk to Kelmscott Train Station, shops, medical centers, gyms, and cafes-everything you need is at your doorstep.
- Growth Potential: Located in a rapidly developing area near the Kelmscott Town Centre, this property offers excellent prospects for capital appreciation.

Investor Summary:
- 12/17 Third Avenue is currently leased at $500 per week until 28 November 2025. The tenant has been living in the property for the past five years and has maintained it exceptionally well. That's why it is currently being leased below market value, as the owners have chosen not to increase the rent.
- Market rent for the property is approximately $600 to $650 per week.
- Ray white, Armadale is highly active in Kelmscott and the surrounding areas and can provide high-quality property management services throughout settlement and beyond.
- Using the market rent and the asking price, the property offers a healthy gross annual rental yield as outlined below:
$600/week (market rent): $31,200 per annum - 5.90% yield
$650/week (top-end rent): $33,800 per annum - 6.39% yield

Location Highlights:
- Five minutes walk to Kelmscott Train Station for easy commuting to Perth CBD
- Close to Kelmscott Primary and Senior High Schools five minutes walk
- Nearby Rushton Park and Frye Park for outdoor activities
- Quick access to Albany Highway and Tonkin Highway
- Close to Kelmscott Plaza and Stargate Shopping Centre and 24x7 Spudshed
- Near Armadale-Kelmscott Memorial Hospital
- Armadale Aquatic Centre and local gyms nearby
- Walking distance to the Sparrow Early Learning child care center

Kelmscott - A Suburb on the Rise:
Kelmscott is rapidly evolving suburb 28 kilometers and 30 minutes drive from Perth CBD, with major developments around the Kelmscott Town Centre and improved infrastructure. As more people are drawn to its growing amenities, excellent transport links, and vibrant community, the suburb offers strong future growth potential for both homeowners and investors. With ongoing investment and development, Kelmscott is set to become an even more sought-after location in the coming years.

Properties of this caliber don't come to the market often. Call Raj Singh on 0426 038 315 for more information.

*Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Ray White Armadale City provides this document without any express or implied warranty as to its accuracy. Any reliance placed upon this document is at the client's own risk. Ray White Armadale City accepts no responsibility for the results of any actions taken, or reliance placed upon this document by a client. Figures and information may be subject to change without notice.