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37 Atkinson Way, Lancelin WA 6044

Sold price: $530,000 Sold: 26 Apr 2022
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 1,012m2
House

INVESTMENT, LOCATION & LIFESTYLE GET AWAY!

Located on a large ¼ acre allotment(1,012sqm) in a popular street of the famous iconic Coastal Paradise town of Lancelin is this classic double story Beach home.
This unique property offers 2 separate fully furnished self-contained apartments that provides multiple accomadation opportunities.
All rooms are tastefully renovated to modern standard expected of a beach house with fresh paint and floor coverings in 2021.
Refurbished kitchens and bathrooms both upstairs and downstairs to facilitate home away from home feel.
The upstairs has breathtaking views of the iconic lancelin sand dunes best appreciated at dawn and dusk.
Elusive ocean glimpses over treetops are a pleasure to enjoy from front balcony at sunset or with morning coffee.
For those wanting to derive passive income from their holiday home below are some possible suggestions to let:
* Keep upstairs for private use and let downstairs on air bnb.
* Keep downstairs for private use and let upstairs on air bnb.
* Both upstairs and downstairs on air bnb while blocking out bookings for periods of private use as required.
Current Air bnb nightly rates:
Downstairs: Peak 220 / Off-peak 180
Upstairs: Peak 180 /
Off-peak 160
During December 2021/January 2022 holidays net return $8,000 (receipts available).
It has also been a successful long term rental earner.
Fixed term rental for current owner of 10 years with periods of fixed term tenancy 6 months - 2 years.
Most recent fixed term rental rates:
Downstairs 350 per wk
Upstairs 300 per wk
Fantastic opportunity to use all outgoing costs to offset income and negative gear the asset.
Needless to say, this is also a perfect family retreat.
The property comes with a bore which provides ample water for reticulated lawns and gardens that have been lovingly curated with local indigenous flora and rare plants from kings park native plant sale attracting birds, native bees and insects to the area. All plants chosen to thrive in harsh environment of coastal plain with minimal water once established.
Aerial view on this house shows that it sits in the middle of the greenest, most heavily treed, well established properties in Lancelin.
This property is perfectly positioned being situated in the middle of one of lancelin's most popular street.
Local families and holiday makers enjoy walking / riding their bikes each day along Atkinson Way to the nearby parks, playgrounds and amenities.
The proximity to all the amenities from the property is as follows:
• 200 metres to town square shops / bakery
• 300 metres to famous beaches of the Indian Ocea
• 350 metres to lancelin dunes nature reserve
• 400 metres to jetty
• 500 metres to Iconic EndeavourTavern (One of the best beer garden in Western Australia)
As with many coastal properties of this vintage, the timber frame has been built strong enough to have withstood many winter storms.
The current owner acknowledges there is still work to be done to continue restoration and maintenance of this iconic beach house. However, once completed it will truly be a property to be the envy by holiday makers and passers-by for many years to come.
This will be another property that will not last long… so call now and secure this great beach home for you and your family.

Property features

  • Garages 2
  • Toilets 2

Property snapshot by reiwa.com

This property at 37 Atkinson Way, Lancelin is a two bedroom, two bathroom house sold by Caroline Daniel at Ray White Lancelin on 26 Apr 2022.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Lancelin or see other recently sold properties in Lancelin.

Nearby schools

0.7km
Lancelin Primary School
  • Primary
  • Government
51.9km
Dandaragan Primary School
  • Primary
  • Government
57.9km
Two Rocks Primary School
  • Primary
  • Government
Disclaimer

Lancelin overview

Lancelin is a coastal town located on the west coast 127 kilometres north northwest of Perth. It derives its name from the nearby Lancelin Island which was named by the French expedition under the command of Captain Baudin in 1801. The name honours P F Lancelin, scientific writer, author of the World Map of Sciences and works on the planetary system and analyses of science.

Interest in the Lancelin Island area in the late 1940s for camping and as a port for the lobster fishery resulted in a townsite being declared in 1950. Lancelin was not considered a suitable name, and "Wangaree", an Aboriginal word for fish was chosen when the townsite was gazetted. Although the official name was Wangaree, local usage was Lancelin, and in 1953 the Gingin Road Board requested the townsite be renamed Lancelin. The name change was approved in 1953 and gazetted the following year.

Lancelin quick stats

High end $640k
Median $548k
Low end $465k
This listing
9.5 %
Annual growth
$548k
Annual median sales price
N/A
Annual median rental price

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FAQ's

37 Atkinson Way, Lancelin is a 2 bedroom, 2 bathroom house.

37 Atkinson Way, Lancelin was sold by Caroline Daniel at Ray White Lancelin.

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