Refurbished & Modernised Central Mandurah property generating $780.00 per week Rental Return!!
This property has been cleverly separated into two individual dwellings making it ideal for the smart investor.
Configured as a 2 bedroom unit at the front, and a 3 bedroom unit at the rear, these freshly renovated units are ideally located just a short stroll from the Mandurah foreshore with its cafes, restaurants, bars and shops. (Check out our drone photos to see just how close it is to the foreshore and great swimming beach at Silver Sands.)
Both units feature sharp new kitchens with plenty of cupboard & bench space, and new bathrooms and outdoor living areas, with secure entrance and parking for both units.
Reverse cycle air conditioning to both properties ensures your tenants have year-round comfort, regardless of the weather.
The open plan living and dining areas feature new timber-look flooring, and there is additional off street parking and a large garden shed.
Both units have secure low-maintenance yards with reticulation to the garden beds, and the front unit features easy-care artificial lawn.
Both tenants are very happy in the properties, with one lease due for renewal in June 2022, and the other in December 2022. (Total rental return amounts to $780.00 per week - ($380pwk & $400pwk) Century 21 is currently managing both leases and we would be happy to provide our services to the new owners.
But there are even more flexible options this property offers!
* There is a large double garage/shed/workshop with 3 phase power and water., with its own separate power meter and separate water meter. Ideal for a tradesman to operate out of - living in one of the units while collecting rent from the other. (there is also a large carport attached to the shed suitable for storing a boat, van or work vehicle.)
* For the investor with a vision for the future, the R60 City Centre Development Zoning provides the option for further subdivision & development.
Add up the benefits and this property just makes great sense:
- Central Mandurah location (popular with tenants!)
- Entire property freshly renovated (minimal maintenance for years to come!)
- Excellent tenants already in place for immediate income stream
- Not dependent upon just one tenant for income
- Potential for further development in the future
Please contact Craig Balme, the Exclusive Selling Agent, for more information, and to add this unique property to your investment portfolio.
This property at 22 Cooper Street, Mandurah is a five bedroom, two bathroom house sold by Craig Balme at Century 21 Coast Realty Mandurah on 15 Mar 2022.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Mandurah or see other recently sold properties in Mandurah.
A vibrant mixed-residential and commercial suburb, Mandurah is the heart of the Peel district. Once a small fishing village, Mandurah has evolved into a thriving regional city and a popular destination for tourists. Situated along Western Australia's coastline, Mandurah has firmly established itself as a first class 'sea change' destination with an array of property developments that include everything from family homes, to modern apartments in new estates and luxurious mansions with canal views.
An alluring mix of inner-city panache and classic suburban culture define the Mandurah lifestyle. As a result of the 'sea change' phenomenon which transformed the suburb, Mandurah is now home to a major shopping centre, quality restaurants, charming retail outlets, a bustling foreshore and a pulsating boardwalk. Throughout the year, Mandurah hosts several popular annual events such as the Crab Festival in mid-March and the Mandurah Boat Show in mid-October. Other notable features include the Mandurah Train Station, which provides a fast transport option into and out of the Perth CBD, and local schools, Mandurah Primary School, Mandurah Baptist College, Mandurah Catholic College and Frederick Irwin Anglican School.