1/2 Mckimmie Road, Palmyra WA 6157

3 bed townhouse | 185sqm land | built 1987 | quiet owner-occupied pocket This townhouse offers a rare combination of a standalone lot within a small strata block, giving buyers de facto house-like land control without the full house price. The 185sqm individual title is the key structural advantage, as it limits shared walls and provides private outdoor space, which is increasingly scarce in Palmyra under $1 million. The property serves downsizers or young families who want a low-maintenance footprint in a stable, long-term residential street where 85% of neighbours are owners. Its catchment for Melville Senior High School adds medium-term demand depth, and the NBN FTTN connection is adequate for most working-from-home setups. The main risk is the single bathroom and one-car garage, which narrows the buyer pool to couples or small families and may cap future resale velocity. Renovation potential is limited by the 1987 build quality and strata constraints, so any upgrade should focus on kitchen and bathroom refresh to lift rental yield toward 4%. The property suits a buyer who will hold for five to seven years, capturing land appreciation in a tightly held suburb rather than chasing short-term capital gains. Buy it for the land component and the street quality, not for the floorplan.