37 Atkinson Way

Lancelin WA 6044

Located on a large 14 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 180Upstairs: Peak 180 / Off-peak 160During 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 wkUpstairs 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.