1 Counsel Road, Coolbellup WA 6163

Two for One with Development Potential!

Here at 1 Counsel Road, Coolbellup, you will find not one but TWO delightful homes on a 794sqm, R40 zoned corner block. With various development options and a significant rental yield, this property would be a worthy addition to any property investor's portfolio!

Each home is currently leased to amazing long-term tenants, supplying the owner of this magnificent investment with an annual rental return of approximately $28,600. The existing leases are due to expire in June 2022, with the tenants expressing a desire to renew should the option be made available.

Positioned on the corner of the block and brimming with character, is a charming 1960s 3x1 home. With 105 sqm of living, it is impeccably tidy and fresh, with a lovely outlook to the neighbourhood's established trees from almost every window. The lounge room is carpeted, with a feature brick fireplace and reverse cycle air conditioner. The kitchen and bathroom, both recently updated, remain appealingly spotless and functional. The kitchen has a freestanding electric oven/stove, bench and cupboard space plus room for a dining table. Meals can be enjoyed alongside the working chef! With a decked porch out the front and paved and grassed areas out the back, there are options available when the moment calls for outdoor relaxation or socialising.

Home two is bespoke! It is all about natural lighting and the well-being associated with such. A 2x1 modular home, it is positioned adjacent to Counsel Road. Capable of relocation, the removal of both dwellings provides for subdivision.

Home two is unique. Floor to ceiling windows frame the front yard. The hard-wood above ground deck at the front provides almost 20sqm of northern orientated outdoor living. Internally, the dwelling is deceptively large (72sqm internal living space). It has high ceilings and louvered windows for natural ventilation. The galley style kitchen is function with ample storage. It includes a stainless steel electric oven, stovetop and rangehood. The space saving combined bathroom/laundry has all the necessary facilities to make this home an efficient ancillary residence.

Home 1 Additional Features:
- Original hard wood floorboards
- Down lights throughout
- Freshly painted
- Low maintenance garden/s

Home 2 Additional Features:
- Two split system air conditioning units
- Down lights throughout
- Paved side with retained garden beds and washing line

1 Counsel Road is positioned close to Fremantle, South Beach, Cockburn Central, Fiona Stanley and St John of God's hospitals as well as Murdoch University. Public transport is convenient accessible with a bus stop on Counsel Road. Close by, is the redevelopment of the former Hamilton Hill High School site, driving the renewal of the locality!

I welcome all Real Estate Agents to introduce potential buyers.

For more information on this property or to book your inspection, please contact Jason Hapeta 0488 097 097.

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.