1 Kallama Parade, Millars Well WA 6714

Compact 3×2 house | 2004 build on 302sqm | Strong rental demand | Flood and heritage overlays flagged | Suits investors or downsizers This is a well-configured early-2000s house that stands out for its practical layout and strong rental potential. The three-bedroom two-bathroom design with two living areas and two car spaces is a functional match for families or tenants, and the compact 302sqm lot means lower upkeep without sacrificing comfort. Its position in Millars Well places it within a established residential pocket, and the 2004 build date gives it a more modern feel than much of the older stock nearby. The property is best suited to an investor seeking reliable rental income or an owner-occupier wanting a low-maintenance home with good everyday amenity. The presence of both flood and heritage overlays on the site may affect future renovation or extension plans, so a buyer should investigate what these controls actually permit before committing. The lot size, while manageable, limits scope for significant expansion, and the lack of confirmed finishes or orientation details means the property’s true condition and aspect should be verified in person. Rental estimates are strong, but whether that translates to a solid yield depends on the final purchase price and ongoing costs. A cautious approach to valuation is warranted until these factors are clarified.