5 Jecks Place, Orelia WA 6167

1969 build | 728m² quiet cul-de-sac | 3/1/1 configuration | high-yield renovation canvas This property presents a high-equity opportunity on a large, standard block in a established suburb, best suited for investors or renovators seeking a low-overlay entry. Its competitive strength lies in the 728m² lot in a quiet location with no development overlays, offering a blank canvas for improvement or holding for land value. The configuration matches core rental demand, and the “as-is” sale condition explicitly prices in the required capital for updates, positioning a buyer for value-add. Proceed only with capital reserved for immediate system overhauls, as the sale condition transfers all gas, electrical, and plumbing risk. The 4.36% yield potential provides a commercial logic for holding post-renovation. Acquire as a hold-and-improve asset; its value is unlocked through strategic investment, not immediate occupancy. Recent comparable sales data is extremely limited, with no direct sales on this street in decades. The property last sold in 2005 for $187,000, and the only nearby comparable at 5 Jacques Place sold in 1996. This lack of fresh sales comparables introduces pricing ambiguity, making the listed price guide a less reliable benchmark and underscoring the necessity for a buyer’s independent valuation.