This is a house located in 1/S029778 South Fremantle WA. Comparable sales have been around $485,000. Built in 1970, it has 1 bedroom, 1 bathroom.
Positively Geared You're invited to view Saturday 26th April @ 10:00 - 10:30am.Savvy buyers and smart investors alike will be drawn to the charming period features and financial rewards of this double storey townhouse, which combines two completely separate apartments in one.Originally part of the historic South Beach Hotel's accommodation, the upstairs and downstairs have now been cleverly converted so that both floors of the townhouse are fully self contained apartments with their own private access, kitchens and bathroom facilities as well as separate generous, light filled living areas. Neutral decor throughout and lovely period features make this warm and inviting home, in a unique heritage listed building, so much more than a just sound investment.With approval already granted from the Fremantle City Council you may rent both floors out as short stay accommodation or you can live comfortably on one floor and lease out the other as income. Alternatively the property could be enjoyed as one delightful double storey character residence. The choice is yours. The upstairs apartment is currently vacant but was leased at $495 a week until last week and downstairs is tenanted until August at $495 a week, with both let it creates a positively geared proposition. The owner covers the utility outgoings but even so it is a lucrative opportunity.Downstairs the lounge room sits below a double height pressed tin ceiling with huge sash windows looking out over your private verandah and a well maintained communal courtyard. The kitchen has been recently renovated with Caesar bench tops, a dish drawer and is neutral in decor. There is a separate bedroom which is a great size.Above on the second floor, another large lounge room also boasts a high ceiling with fans and sash windows that let the northern sun flood the room with light. Off the main living area is a modernised kitchen, and a roomy bathroom which has also been renovated to a high standard. A reverse cycle air-conditioning unit keeps the whole floor cool, while having the added benefit of having your own balcony to retreat to which overlooks the gardens. The perfect place to sit while you soak up the vibrant atmosphere.A private spiral staircase links both floors internally however; there is also access to the second storey via common external steps making renting both out, or moving furniture in that much easier.Surrounded by a bustling bar and cafe culture and just footsteps from the popular Parmelia Park and South Beach. This unique period residence offers you an absolute lifestyle location ina world of opportunity in an irreplaceable heritage listed building. Offering an absolute lifestyle location; a short stroll up South Terrace takes you to galleries, shops, cafes and restaurants while South Beach is just 50 meters away.