287A Salvado Road, Floreat WA 6014

Single-level villa | private driveway no strata | 544m² lot | 4 bed 3 bath | Floreat near shops and parks This property presents a competitively strong proposition due to its rare configuration as a strata-free villa on a full 544m² lot, offering house-like space without common fees. Its private driveway and multiple living areas position it for a buyer seeking low-maintenance, secure living in a premium suburb, ideally serving a professional family or downsizer prioritizing space and privacy over a traditional standalone house. The high internal area and triple-bathroom layout are unusual for a villa, creating a functional edge. Decision hinges on the 2023 resale, suggesting a short hold period; verify motivations for sale. The ~3.6% gross rental yield provides a solid income base if leveraged, offsetting holding costs. The Vergola courtyard and rear garage access add tangible lifestyle and utility value. This is a hold property for 5-7 years to capitalize on its land component and Floreat’s enduring demand, not a short-term trade. Its scarcity in the villa market supports capital retention.