38A Korella Street

Mullaloo WA 6027

Investor Summary:
- Currently tenanted on a fixed term lease until March 2023 at $465.00 per week
- Market rent for 38A Korella Street is approximately $630 per week.
- Using a purchase price of $679,000 results in a gross annual rental yield of 4.23%.
- HouseSmart is active in Mullaloo and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.

From immediate entry into the property you can see the luxury and space that it provides. As you walk in you will be welcomed by the living area, which presents an area full of comfort and charm. With a north-facing front, high ceilings throughout, and clerestory windows to the loft area, there is ample light throughout the home. The majority of the windows have easy-to-use white plantation shutter blinds.

The living area flows on through to the dining and kitchen area, where glass French-style doors open up to the patio and rear gardens. High ceilings and wooden beams create a sense of style to the area, whilst the light walls and wood-look laminate flooring bring out the neutral dcor of the home. From this dining area, a pull down attic style staircase provides access to your air conditioned loft, which could be utilised as a spare bedroom or study space.

The kitchen area is well-appointed in the home, and showcases a beautiful modern design. There is a deep circle sink, cupboardry providing plenty of space (including glass cabinets), built-in oven and electrical hotplates, breakfast bar/bench overhang, plus plenty of drawers including an extra-high pull out drawer and a corner cabinet carousel. There is a separate laundry/scullery area next to the kitchen, with extra storage room and a pet flap in the laundry door to the outside.

As for the bedrooms, there are three in the home (or four if you wish to utilise the loft as well!). All are good-sized and feature tiling throughout for easy cleaning. The main bedroom and second bedroom have ceiling fans, and the third bedroom has an air conditioner. There is also an air conditioner to the living area as well as the dining area, to keep the home cool. There are built in robes to the master and third bedroom.

There are two bathrooms to the home, with the master bedroom having it's own ensuite, recently renovated and inclusive of it's own bath. The two minor bedrooms have access to the main bathroom, with a shower featuring a detachable shower head and decorative pebble flooring.

To the exterior of the home there are two lawn areas (fake grass) and stunning lush green garden areas. There is an undercover alfresco where you can place a table and chairs to sit and enjoy the outlook; pop a barbeque or bar area here and you have yourself a wonderful entertaining area! To the front of the house there is another lawn area; plus plenty of parking to the driveway and carport.

This house is a duplex (adjacent to 38B Korella St) and shares the roof and driveway, however the fence and roof are painted to separate the two areas. Across the road is Korella Reserve - a park and nature strip with walkways throughout, backing on to Mullaloo Beach Primary School. Another park is just down the road to the east, whilst to the west, within walking distance (700m) is Mullaloo Beach. Summer days are sorted here on out with swimming, surfing, beach walking, and ocean sunsets all just a short walk down the road! Also within 800m is Mullaloo IGA, coffee shops, and restaurants.

With stunning dcor and presentation throughout, and modern renovations bringing out the character of the home, this house surely is one to desire. Currently tenanted on a fixed term lease until March 2023 at $465.00 per week, there is plenty of opportunity to either rent out after this, or move in yourself. This home would be perfect for an executive couple, small family or the down sizer who doesn't want to compromise on luxury, lifestyle or location. Don't miss out!