Attention Investors - All the options plus income: 70’s original extended
On a big corner block is a classic early 70’s brick-and-tile home that kept on growing. An extraordinary opportunity for investors with a remarkable range of accommodation over four levels, with all the possibilities for rental income, running a business from home, or just masses of room for extended family wanting independence. On entry level is a four-bedroom, two-bathroom home with an expansive living area, plus a large separate dining room. Up on the top floor, see the ocean on the horizon from the terrace, flowing out from a studio apartment with its own kitchen and bathroom, and down below is a second studio apartment and much more. Explore, discover all the surprises, and consider how the scale and flexibility can work for you, in a really convenient location near the golf course and Booyeembara Park.
Magnificent gum trees line the wide verge, with the main entry around the corner on Hope Street. Enter to vast north-facing living, freshly painted white interiors and cool practical tiled floors. Fabulous decorative glass doors open from the kitchen to spacious separate dining, with its own entry to the eastern veranda. Down the corridor are three rooms, each with hanging space and study nook, and two fresh bathrooms with contemporary finishes. Step down to an expansive walled courtyard with olive trees and alfresco, with built-in seating for gatherings round the barbecue. All of that already adds up to a substantial family home, but that is only the beginning. Downstairs is another one-bedroom, one-bathroom apartment with kitchenette, and nearby are the laundry room and two flexible spaces for workshop/hobbies. Basement level offers even more, with three rooms: one a vast space that could also be a games room, host band rehearsals, or configure as a workspace with its own courtyard access. And to top it all off, there is that upper level one-bedroom, one-bathroom apartment with terrace and ocean views. Ample off-street and verge parking is another bonus of the corner position.
This is an rare opportunity: an amazing amount of space, complete flexibility, and easy income potential just minutes away from Freo and the beach.
• Large block size with a Solid 70s brick and tile, extended, on Hope St corner • Incredible amount of flexible space, income potential • 4-bedroom, 2-bathroom home on one level • Plus two studio apartments, one with terrace and ocean views • Basement level with another 3 rooms (or one as large games room) • Large paved courtyard, olive trees, alfresco, barbecue area • Three kitchens, two rooms for workshop/hobbies, laundry room • Ample off-street parking, easy access to shops and services • Close to the golf course, minutes from Freo and the beach
Council Rates: $2,500 per annum (approx) Water Rates: $1,356.79 per annum (approx)