18/68-80 Tribute Street, Shelley WA 6148

Affordable Shelley Living with 20% Projected Returns Here is your rare opportunity to secure a prestigious Shelley address at a price you can still afford. This beautifully presented three-bedroom, one-bathroom villa represents the ultimate versatile property. It is the perfect entry point for first-home buyers, an effortless lock-up-and-leave option for retirees looking to downsize, and a high-yielding powerhouse for savvy investors. Inside, the home welcomes you with a spacious formal lounge and dining room, complemented by a recently renovated electric kitchen that makes cooking a delight. Three generous bedrooms provide ample space, while split-system air conditioning ensures year-round comfort. The sparkling clean bathroom and well-presented laundry offer ultimate functionality, leading out to an easy-care, large rear garden. This outdoor haven boasts a handy storeroom, secure gate access to the carports, and plenty of room for both pets and a thriving veggie patch. Parking is equally convenient with a single undercover bay alongside a second open bay. Situated just a short walk from vibrant shops, lush parklands, and public transport, the lifestyle on offer here is unmatched. For retirees and first-time buyers, it offers a peaceful, low-maintenance lifestyle in a highly sought-after neighborhood. For investors, the financial blueprint is exceptionally strong. The median price for units in Shelley jumped 21.7% in 2024, another 10.9% in 2025, and continues to climb even higher. By purchasing at $850,000, the current periodic rent of $685 per week delivers an immediate 4.2% yield, with a lease review ready for the next term. When combined with a forecast capital growth of 16%, this asset delivers a spectacular before-tax return of 20%-a figure that outperforms almost any traditional investment market. Best of all, it comes with reliable, world-class tenants who treat the property as their own, securing your cash flow from day one. Whether you are buying to live or buying to invest, this Shelley villa is an undeniable winner. • Free standing Villa • Potential 20% gross return for investors • Low fees $600 per qtr • Ideal first home or downsizer • Periodic lease • Split system air cons • Sought-after location in the prestigious suburb of Shelley • Close to shops, parks, and public transport. • Affordable entry point into a high-performing strong capital growth property. • Versatile perfect for first-home buyers, investors, or retirees looking to downsize. • Three generous bedrooms providing ample space. • Renovated electric kitchen with plenty of workspace. • Spacious living zones including a large formal lounge and separate dining. • Split-system air conditioning for year-round climate comfort. • Large, easy-care rear garden with a secure storeroom and plenty of room for pets or a veggie patch. • Dual parking spaces of one undercover bay and a second open bay. • High-yielding investment offering a 4.2% rental return at $685 per week with world-class, reliable tenants already in place. • Photos do not show tenants furniture and are for demonstration only. * Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters, particularly for any plans for future development or division. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.