The Location
Enjoy the best of both worlds — riverside serenity and city convenience. Resting right on the edge of Warndoolier Park (formerly Banks Reserve) and only 100 metres from the Swan River, this two-level home offers a holiday-style location with a versatile floorplan to suit a variety of needs.
A short walk takes you to St John of God Hospital, while both Mt Lawley and East Perth train stations are nearby for an effortless commute. The CBD is just 2.5 km away, and you can follow the scenic riverside path all the way to Burswood and Optus Stadium for a morning run or an evening out.
The Lifestyle
Built in 1990, this home exudes warmth and practicality, with generous proportions and light-filled interiors that invite relaxation. Enjoy park views and some river glimpses from the family room balcony and spend afternoons with friends in the entertaining courtyard framed by leafy surrounds.
The flexible floor plan allows you to enjoy the property as a spacious single residence or separate it into two self-contained homes with separate entrances, perfect for multi-generational living, guest accommodation, or a premium Airbnb investment.
For professionals, downsizers, and city dwellers seeking extra space without losing that “lock-up-and-leave” freedom, this is the ideal address.
The Opportunity
With an estimated rental return of $80,000–$110,000 gross rent per year (when offered as two separate Airbnb-style residences), this is a property that not only delivers lifestyle, but also strong financial appeal.
Key Features
Built 1990
Flexible floorplan – configure as a single home or two independent residences.
3 bedrooms | 2 bathrooms | 2 car garage
Downstairs: private courtyard, kitchenette, bathroom/laundry, separate toilet, large bedroom, open-plan living/dining, (living can be converted to a 3rd bedroom).
Upstairs: chef's kitchen (includes washer/dryer), open living/dining, bathroom, large bedroom, and entertaining balcony with park views.
Investment ready – excellent Airbnb or dual-rental potential ($80k–$110k gross p.a. estimated).
Extra inclusions – double garage with storeroom, reverse-cycle air conditioning, gas cooking, and a mix of wood, carpet, and tiled flooring.
Prime position – overlooking Warndoolier Park/Banks Reserve and the Swan River.
School zones: Mt Lawley Senior High School and Highgate Primary.
Only 2.5 km to the CBD, between Mt Lawley and East Perth train stations, and a pleasant riverside walk to Burswood and Optus Stadium.
169sqm internal – 29sqm garage – 123sqm courtyards combined – 15sqm balcony – 260sqm land approx
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