115 Mckenzie Street, Wembley WA 6014

3 bed house | 645sqm block | quiet Wembley street | strong owner-occupier demand The property’s configuration on a full 645sqm block in a 90% owner-occupier street is its primary competitive edge, offering rare land depth in a market where subdivision potential is increasingly valued. The high ceilings and Jarrah floors signal quality construction that holds value better than renovated stock, while the gated front yard and established fruit trees reduce the immediate landscaping burden for a buyer. This house suits a family or professional couple seeking a long-term hold in Cambridge LGA, where school proximity to Wembley Primary and Bob Hawke College supports resale demand. The main risk is the 205sqm building footprint, which may feel constrained for buyers expecting a larger floorplan on this block size, and the shaded backyard could limit solar orientation for a future pool without tree removal costs. The rental yield at $1,095 per week is modest against the valuation, so this is not an income-first proposition. Opportunity lies in the rear yard’s pool-ready space and the alfresco deck, which can be enhanced for entertaining without structural work. Hold this property for land appreciation in a tightly held pocket, not for short-term capital gains.