6/45 Hargreaves RoadCoolbellup WA 6163
Property Details for 6/45 Hargreaves Rd, Coolbellup
6/45 Hargreaves Rd, Coolbellup is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 177m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Coolbellup in the last 12 months.
Last Listing description (September 2024)
Welcome to 6A / 6B, 45 Hargreaves Road, Coolbellup ? a distinctively designed dual key home that presents a versatile investment or living solution. This unique property offers a smart layout, making it an ideal choice for investors seeking a dual income property or for owner occupiers looking for a residence with an income-producing potential.
Upstairs Unit ? Spacious and Bright 2x1x1
The upper level of this residence boasts a 2-bedroom, 1-bathroom apartment complete with a shared garage. This space is characterised by its generous layout, natural light, and privacy, making it a comfortable and attractive living area or rental unit. Currently tenanted until the 9th of July 2024 on an rental lease of $298.62 per week, it provides an immediate income stream, highlighting the investment appeal of this property. Please note, on conclusion of the current tenancy agreement this 2x1x1 can be rented for $500 per week.
Ground Floor Unit ? Modern and Convenient 1x1x1
On the ground floor, you will find a recently vacated studio, 1-bathroom unit with a shared garage. This modern apartment offers convenience and style, perfect for an owner occupier to move in immediately while enjoying the financial benefits of renting out the upstairs unit. Alternatively, as the new owner you can release the downstairs unit and receive rental income streams from both upstairs and downstairs.
Location and Lifestyle
Situated in the heart of Coolbellup, this property enjoys proximity to local amenities, parks, and schools, offering a balanced lifestyle of convenience and relaxation. The location is ideal for those who appreciate the blend of quiet living with easy access to urban conveniences.
Investment Potential
This dual key property is not just a place to live; it's a future investment opportunity. With the flexibility to occupy one unit and rent the other, or rent both units for a positive dual income, the financial possibilities are significant. The recent vacancy of the ground floor unit provides a rare opportunity for immediate occupation or rental, tailored to your needs.
Key Features:
- Dual key property with separate entrances for privacy.
- Upstairs 2x1x1 unit currently tenanted for immediate income
- Ground floor studio unit recently vacated, ready for occupation or rental
- Situated directly across from Hargreaves Park with
- Park views from both the upstairs balcony and downstairs courtyard
- Each unit shares a enclosed 2 car garage
- Prime location in Coolbellup, close to amenities, parks, and schools
- Excellent investment potential with flexible living options
Survey Strata: $1,291 Approx Annual
Council Rates: $2,008 Approx Annual
Water Rates: $1,504 Approx Annual
Don't miss this rare opportunity to own a versatile property in Coolbellup that caters to both investors and owner occupiers alike. Whether you're looking to invest in a dual income property or seeking a home that helps pay for itself, 6A / 6B, 45 Hargreaves Road offers the perfect solution.
Contact Elle: 0488008116 for further details
Property History for 6/45 Hargreaves Rd, Coolbellup, WA 6163
- 09 Apr 2024Listed for Sale Not Disclosed
- 28 Feb 2019Listed for Sale $559,000
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About Coolbellup 6163
The size of Coolbellup is approximately 3.1 square kilometres. It has 15 parks covering nearly 17.2% of total area. The population of Coolbellup in 2011 was 4,917 people. By 2016 the population was 5,342 showing a population growth of 8.6% in the area during that time. The predominant age group in Coolbellup is 30-39 years. Households in Coolbellup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolbellup work in a professional occupation. In 2011, 60.3% of the homes in Coolbellup were owner-occupied compared with 58.8% in 2016.
Coolbellup has 3,223 properties. Over the last 5 years, Houses in Coolbellup have seen a 80.85% increase in median value, while Units have seen a 113.26% increase. As at 31 October 2024:
- The median value for Houses in Coolbellup is $801,596 while the median value for Units is $531,015.
- Houses have a median rent of $628 while Units have a median rent of $500.
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