Get your calculators out, and get excited, at the rental yield on offer with this unique property!

In the pocket-rocket suburb that is Samson, tucked in between Kardinya and Beaconsfield, this little beauty is coming to the market for the first time in nearly twenty years. It wraps around a corner block, with a roomy 3 bedroom, 2 bathroom home on one side and a separate entrance to the 1 bedroom, 1 bathroom granny flat on the other. The two homes are under the main roof, with the potential to convert it back to a 4 bed, 3 bath if that suited you better.

The home is in fairly original condition but has stood up well against the test of time, and has been a steady and reliable investment for the current owners. Samson is a hidden gem, with good sized blocks, family homes, large nature reserve, recreation centre, and Seton Catholic College. Just 6 kms to Freo, less than 2 kms to Kardinya Park shopping centre (currently undergoing major redevelopment), 3 kms to North Lake, and I haven’t even mentioned the multitude of amenities on the northern border along South Street!

The main house has a large living room with high ceilings and exposed beams, an open plan kitchen/dining, plenty of storage to the kitchen plus dishwasher. The bedrooms are a good size and all have robes, the master bedroom has a walk in robe that easily doubles as a home office or nursery. There are two courtyards, and an undercover entertaining area, all very low maintenance.

The granny flat has a separate entrance, with a multi-purpose carport/entertaining area. Featuring a good sized living area, separate bedroom with built in robe, combined bathroom/laundry, and a reasonably sized kitchen with plenty of storage, plenty of bench space … overall a well proportioned and private space.

Let’s talk dollars: the house is currently rented on a periodic lease and brings in $410 per week, the granny flat has a fixed term lease until August 2022 at $260 per week. The rents are currently under market value and have the potential to bring you even greater yield, currently appraised at $300 – $315 for the granny flat and $500 per week for the house. That’s a potential $815 dollars per week in rental income!! This house represents an excellent buying opportunity for investors seeking healthy returns plus the potential to refurbish down the track and add to the capital growth.

All offers presented by Tuesday 3rd May at 6pm, the seller reserves the right to sell prior.

Council rates $2067.81
Water rates $1254.35

Granny flat, dual income