123 Bourke Street, Piccadilly WA 6430

4 bed, 2 bath, 3 car | 551m² lot, built 1940 | rear lane access and sheds | $700–745/week rent range This house offers a genuinely flexible configuration that is rare in older Piccadilly stock. Four bedrooms, two living areas, and a large rear patio make it suitable for families needing separation of spaces, while the double carport, rear shed with lane access, and additional garden shed provide utility that appeals to trade buyers, vehicle owners, or those wanting workshop storage. The 551m² lot is moderate but well-used, and the open-plan kitchen/living/dining core is practical for daily life. Its strongest competitive position is serving owner-occupiers who value space and storage, or investors targeting the strong rental yield suggested by the $700–$745/week range. The circa-1940 build is consistent with the suburb’s established character, and the central Piccadilly location supports broad buyer appeal. The property’s age may introduce maintenance considerations that a newer build would not, particularly around insulation, wiring, or plumbing, though no specific issues are flagged. The 144m² building size is modest for a four-bedroom home, meaning some rooms may be compact, and the single-level layout limits future expansion without a renovation. The presence of split-system air conditioning and gas connection is a positive, but buyers should verify the condition of the roof, foundations, and any original fixtures. The rear lane access is a functional advantage that may command a premium from buyers needing secure vehicle or equipment storage, but it could also limit privacy or require additional fencing. These factors should be weighed against the strong rental income potential and the property’s practical layout.