50A Mephan Street, Maylands WA 6051

INVEST, NEST OR AIRBNB!!

An extremely unique proposition is at hand in this fabulous location residing within 5km from the Perth City centre. Surrounded by boutique cafes, Maylands Peninsula Primary School and the John Forrest College catchment area. This location is also dressed by the iconic Swan River making evening and day time outings a treat.

The Investment potential of this green title property is absolutely outstanding. With an Airbnb return over the 2023/24 financial year grossing over $100,000 in rental return, making this one of the best residential investments on the market competing with commercial returns.

But that's not all that's on offer. For the owner occupier, this beautifully appointed and styled home has had a 2022 renovation and ready to move straight in with not a thing to do. Offering 3 generous size bedrooms – 2 of which have large built in robes. The 2 bathrooms are both modern and well appointed maximising space and versatility with one bathroom accommodating the laundry.

The open plan living area will make you feel right at home with the newly renovated kitchen with stone benchtops, inbuilt dining booth and living area with French door access to the front courtyard.

The rear yard maximises the space available like no other. With an elevated deck area primed for entertaining and sheltered from the elements, whilst overlooking the manicured grassed area and garden below. This area also gives access to one of two storage areas on the property offering space for a handyman's workshop.

For the investor in the market, please feel free to request the profit and losses statement provided by the seller for the Airbnb.
Added features include

- Double under cover carport
- Custom integrated appliances in kitchen
- Low maintenance reticulated gardens
- Front and rear storage areas
- 2 x split system air conditioners
- Front and rear courtyards
- Master bedroom with French doors to private deck
- Furniture to be negotiated should the buyer desire

City of Bayswater - $2,370 p/a
Water Corporation - $1,017 p/a