38 Warhol Way Alkimos WA 6038

| Alkimos house | 4 bed, 2 bath | 450sqm block | solar panels | bushfire overlay noted | This property offers a rare combination of generous floor space and a manageable land size in a growth corridor, giving a buyer a strong position in the Alkimos market. The 298sqm of building coverage on a 450sqm lot is unusually efficient, meaning the house itself is large without demanding excessive upkeep. With Shorehaven Primary and Alkimos College intake zones, and reliable FTTP and 5G connectivity as supporting value adds, this property is best suited to a family seeking a long-term home in an area with established infrastructure and future demand from the Wanneroo growth corridor. The bushfire overlay is the primary risk, and it will cost the buyer in higher insurance premiums and potential restrictions on landscaping or future modifications. This is not a deal-breaker in Alkimos, but it must be factored into the holding cost. The rental return of $720 per week is solid for the area, offering a viable fallback if plans change. The significant valuation gap between sources (from $830,000 to $1,005,000) suggests the market has not yet settled on a clear price, creating an opportunity for a disciplined buyer to negotiate from the lower end. Hold this property as a family home and let the corridor’s long-term appreciation work for you.