Strong Investment Opportunity – 5.5% Rental Yield Dual Living

Set on a generous 1,172 sqm block in a quiet Safety Bay Street just 400 metres from the Beach, this unique dual-living property offers a rare combination of space, flexibility and income potential. With two fully self-contained homes under one roof, it’s ideal for multi-generational families or anyone seeking a smart coastal investment in one of Perth’s most desirable seaside suburbs.

Currently tenanted with a combined rental income of $1,300 per week, this is an immediate, income-producing opportunity.

To the left of the property is a private two-bedroom, one-bathroom residence with its own garage and large yard. Step from the front porch into a spacious living and dining area with timber flooring and plenty of natural light. The adjoining kitchen features a freestanding oven and gas cooktop, built-in pantry, overhead cupboards and ample bench space, while a nearby hallway leads to two well-sized bedrooms, both with garden views. This section of the home also includes a neat bathroom with shower, toilet and vanity, and a functional laundry with direct outdoor access. The backyard has plenty of space as well as a storage shed.

The driveway down the right-hand side of the property leads to the entry of the main four-bedroom, two-bathroom home. To right of the entry is a large, tiled activity room filled with natural light from two big windows — a versatile space ideal for a family lounge or games room. Off this zone is a smaller study and a convenient powder room for guests, with two of the bedrooms also positioned nearby, one including a built-in robe.

To the heart of the home is the open-plan kitchen and living zone. The kitchen features black stone benchtops and splashback, stainless steel oven, gas cooktop, rangehood, double-drawer dishwasher and generous bench space. The laundry sits conveniently nearby, while two additional bedrooms are positioned down the front wing, both with built-in robes and easy access the main bathroom with shower, toilet and vanity.

Both homes are private and well-maintained, offering future flexibility to live in one and rent out the other, or accommodate extended family comfortably. Located close to Beach, local schools, parks and shops, this property perfectly combines lifestyle, functionality and strong investment appeal.

Key Features:
• 1,172 sqm block just 400 m to the Beach
• Two self-contained dwellings under one roof and on one title
• 4×2 main home -study, multiple living areas, double garage – currently leased $750 p/w
• 2×1 home with garage and private yard – currently leased $570 p/w
• Combined rental income ≈ $1,320 p/w
• Ideal for multi-generational living or investment
• Close to beaches, schools, parks and shops

Proximity
Beach 400m
Centenary Park 1.1km
Seahaven Reserve Dog Park 1.5km
Waikiki Village Shopping Centre 2.8km
Safety Bay Shoalwater Foreshore 3km
Rockingham Centre 3.4km
Rockingham Train Station 4.4km
Rockingham Golf Club 5.1km
Perth 40km

School Catchment
Safety Bay Senior High School 1.1km
Safety Bay Primary School 3.1km

The seller reserves the right to accept an offer prior to the closing date without notice.

Disclaimer: This information is provided for general information purposes and reference only. It is based on information provided by the Seller and may be subject to change and/or further enquiry. No warranty or representation is made as to its accuracy and interested parties should make their own independent enquiries.