An exceptional and rare opportunity to secure two completely separate, non- adjoining beautiful homes on one generous corner block, an exclusive offering and highly sought-after in today's market. Versatile and full of potential, this property presents an array of living and investment options to suit a wide range of buyers.
The layout has been cleverly designed to provide true multi-generational living, making it ideal for families who wish to have their elderly parents, adult children or extended family close by while still enjoying their own private spaces. It's the perfect way to stay connected while maintaining comfort, privacy and independence for all. Forget the ongoing expenses, emotional toll of retirement villages, or the frustration of trying to secure separate homes in a competitive rental market, this property offers a seamless, cost-effective solution all in one place.
With the ongoing housing shortage and rental demand, this unique setup provides exceptional investment versatility. You could accommodate multiple families on the same block, or rent out both dwellings and benefit from a strong, dual-income stream with excellent rental yields and long-term growth potential.
Whether you're looking to live in one and lease the other, provide a home base for family, or simply capitalise on the incredible income potential, this property truly delivers the best of both worlds. A flexible lifestyle and a smart financial investment for the future!
Home One Overview
- Neat 3 x 1
- Bathroom central with shower, refreshed vanity and bath
- Polished concrete floors and plush carpets in the bedrooms
- Renovated kitchen with electric stove and oven, stone benches, dishwasher, rangehood, island bench, breakfast bar and ample cabinetry
- Front lounge
- Open plan lounge and dining
- Renovated laundry
- Split system air conditioner
- Large patio area, grassed backyard and garden shed
- Spacious backyard, room for a pool (STSA)
- Two outdoor water fountains
- Single remote garage with combined workshop
- Lean to - connected to the garage, store your boat or caravan
- Tinted windows
- Ample double power points
- LED down lights
- Bore and reticulated gardens
Home Two Overview
- Modern 2 x 2, near new and barely been used
- Wide front door entrance (1900mm)
- Large master bedroom, doors out to merbau decking area
- Generous sized second bedroom with en-suite
- Two w/c's with walk in showers
- Stunning kitchen with feature tile splashback, self-closing drawers, integrated rangehood, integrated dishwasher, 900mm gas stove, built in oven & microwave, LED feature lights, double stainless steel sink and ample cabinetry
- Ducted zoned reverse cycle air conditioning
- Remote controlled electric fire for warmth and ambiance
- Open plan dining and lounge room
- Study nook
- Single remote garage with combined workshop
- Attic with pull out stairs for additional storage
- Outdoor spa
- Decked entertaining area
- Tinted windows
- LED down lights
- Ample double power points
- Anticon insulation under the roof for noise control and increases energy efficiency
- Bore and reticulated gardens
Property Overview
Home One: 3 Bedrooms x 1 Bathroom
Estimated Rental Return: $570-$600 per week
Home Two: 2 Bedrooms x 2 Bathrooms
Estimated Rental Return: $540-$560 per week
Total Combined Rent: $1,110-$1,160 per week
Projected Annual Income: $57,720-$60,320
Investment Highlights
• Dual Tenancy Advantage: Two income streams mean, reduced vacancy risk and stable returns.
• Cost-Efficient Ownership: One title and one set of council rates - minimising ongoing expenses.
• Flexible Options: Live in one and rent out the other, or lease both for maximum return.
• High Rental Demand: A sought-after location with consistent tenant interest and limited supply.
The convenient location of these remarkable dual homes truly enhances its appeal. Ideally situated in a sought-after pocket of Meadow Springs, you'll enjoy easy access to the Meadow Springs Shopping Centre, Lakelands Train Station, Parks, Meadow Springs Golf Course, quality schools and early learning centres all within a short drive.
This property is a clever fusion of lifestyle and investment opportunity, offering the freedom to live, lease or both. It's perfect for savvy investors looking for strong returns, large or extended families wanting to stay close, or anyone seeking a flexible living arrangements that can adapt to life's changing stages. A truly versatile property that delivers both immediate rewards and long-term potential.
You'll need to move fast, properties like this don't come along often. Brimming with possibility, flexibility and future potential, this is your chance to secure something truly special.
Call Clare Seamer Team today for more information 0478 691 304.
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
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