FOR SALE
Under Offer | Mid-High $700K

29 Coolibah Avenue
Dudley Park WA 6210

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 822m2
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Dual Occupancy - 2 for the Price of 1!

Brody & Emma from Cocolane Real Estate are thrilled to present 29 Coolibah Avenue, Dudley Park, to the market.
This charming property offers an unbeatable dual-occupancy investment opportunity - a rare find featuring two completely separate, rentable dwellings on one lot. The main residence is beautifully updated, and the separate granny flat adds even more value. With a huge workshop, side access parking for a boat or caravan, and plenty of extra vehicle space, this property is a must-see!
Situated on a generous 822sqm lot in the heart of Dudley Park, this property is ideal for dual living and offers a set-and-forget investment with dual-income potential. Perfectly located close to Mandurah Forum, schools, the aquatic centre, the bowling club, shops, and just 5 minutes from the CBD, it combines convenience with lifestyle.
The main residence is a renovated 3x1 brick and tile home, currently generating a solid rental income of $500 per week, with a tenant in place until 18/11/2024. Lovingly updated throughout, it features an open kitchen/living area, a separate front lounge, and a stylishly renovated bathroom. With reverse cycle air conditioning and timber flooring adding warmth and character, this home is both functional and inviting. Outside, you'll find an undercover patio perfect for entertaining, a bore and reticulation system for easy garden care, and a secure tandem carport.
Completely separated from the main residence and set to the rear is a modern 2x1 Granny Flat, built in 2014. The Granny Flat is ideal for a lock-and-leave lifestyle, featuring seamless open living areas, a front patio for entertaining, artificial lawn for effortless upkeep, and a 5x6m powered workshop with side access. It's perfect for parking cars, a boat, or a caravan, with plenty of additional secure parking behind gates.
This dwelling offers the unique benefit of a rent-back agreement with the sellers, making it an easy second investment with both tenants secured for an incredible combined rental income of $900 per week.
This property stands out as a prime opportunity - whether you're an investor looking to capitalize on the significant rental income from two tenants, or a homeowner seeking a versatile property for dual-family living or the option to live in one and keep a close eye on your investment - 29 Coolibah Avenue in Dudley Park is an unbeatable choice.
Approximate outgoings:
• Council Rates: $1,700 p/a
• Water Rates: $1,332 p/a
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Property Details for 29 Coolibah Ave, Dudley Park

29 Coolibah Ave, Dudley Park is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 822m2. The place is currently for sale with Cocolane Real Estate.

Building Type
House
Land Size
822m2

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About Dudley Park 6210

The size of Dudley Park is approximately 11.1 square kilometres. It has 24 parks covering nearly 4.9% of total area. The population of Dudley Park in 2011 was 5,751 people. By 2016 the population was 6,232 showing a population growth of 8.4% in the area during that time. The predominant age group in Dudley Park is 60-69 years. Households in Dudley Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dudley Park work in a trades occupation. In 2011, 64.9% of the homes in Dudley Park were owner-occupied compared with 70.4% in 2016.

Dudley Park has 4,035 properties. Over the last 5 years, Houses in Dudley Park have seen a 104.76% increase in median value, while Units have seen a 131.10% increase. As at 31 August 2024:

  • The median value for Houses in Dudley Park is $682,830 while the median value for Units is $406,033.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 24 properties listed for sale, and 18 properties listed for rent in Dudley park on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Dudley park.

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Brody Harris
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Emma Pinington
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Cocolane Real Estate
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