52 Peake Way, Medina WA 6167

Set on a massive 802sqm block, this 1954-built cottage offers all the charm of yesteryear with the space, shade and lifestyle Medina is known for. Whether you're keen to restore a character home, modernise it for comfortable living, or take advantage of the generous landholding, this property is a standout opportunity for savvy buyers. With jarrah floorboards, high ceilings and a peaceful leafy setting, this one is full of possibilities. Enquire now to book your viewing!

INSIDE:
A classic character home with jarrah floorboards, high ceilings and large windows that bring in plenty of natural light. The living area leads through to a functional kitchen with views over the backyard. Both bedrooms are near the bathroom with views to the front. The bathroom includes a bathtub, shower and vanity, with a separate toilet for convenience and access to the backyard through the laundry.

OUTSIDE:
This is where the property really shines. The front porch gives the home that timeless cottage feel, while the expansive backyard offers endless potential, with room to explore or even for a granny flat style dwelling. There's drive-through access to the rear plus a handy garden shed, and the lot itself is leafy, private and full of usable space.
The property size and R12.5/20 indicates that a single bedroom dwelling can be added to the backyard for extended family or a second rental income. Alternatively, you could renovate or demolish and build your dream home on a large block. Buyers must do their own due diligence.

LOCATION:
One of Medina's most convenient pockets, close to local parklands, cafés, shops, schools, medical facilities and public transport. Kwinana Freeway access is easy, making commutes simple. With tree-lined streets and a relaxed neighbourhood feel, this is a location buyers love for its affordability and lifestyle. Thomas Oval and a bike park is within walking distance, for fun outdoor activities.

INVESTORS:
Property is currently tenanted at $460 pwk until August 2026. Current Market Rental Rate is $450-480 pwk.

HOW TO VIEW:
A walk-through video is provided on enquiry, and local buyers are welcome to inspect the property in person. Enquire today to arrange your inspection.

PROPERTY PARTICULARS
• Build Year: 1954
• Block Size: 802sqm
• Living Size: 88sqm
• Zoning: R12.5/20
• Water Rates: $833 pa
• Rental Appraisal: $450-480 pwk
(all values are approximated)