2/20 Ward Cres, Kelmscott WA 6111

Modern 2016 villa | tenanted to 2026 | compact 110m² internal | 0.7km to high school | strata lot common for complex This 2016-built villa presents a competitively modern entry in a suburb where newer stock is limited, offering a turnkey investment with immediate income security due to its fixed tenancy through late 2026. The three-bedroom, two-bathroom configuration on a single level aligns with strong rental demand from small families and downsizers, while the stone finishes and reverse-cycle air conditioning position it above basic rental stock. It serves best as a passive, medium-term hold for an investor seeking stable yield without immediate renovation outlay or vacancy risk. The primary risk is the compressed internal area against a strata title, which may constrain capital growth relative to larger, detached properties in the area, while the rapid price appreciation since its 2023 sale suggests market heat is already priced in. The commercial logic is in securing a tenanted property with below-market rent, providing a predictable yield with a near-term rental uplift opportunity upon lease renewal. Acquire this for its income certainty, not for short-term speculative gain. Recent comparable sales indicate a firm market for three-bedroom villas in Kelmscott. An estimated value of $727,000 for 21B Ward Crescent and a range of recent nearby sales support the current listing’s positioning. This activity confirms sustained demand for this property type, lending credibility to its estimated value range.