70A Francis Avenue

Karrinyup WA 6018

This is one of the most exciting properties we've had the pleasure of bringing to market, comprising 2 homes in one this incredible opportunity boasts a modern 4 bedroom, 2 bathroom main house with 2 living areas (or 5th bedroom) a theatre and a fully self contained 1 bedroom, 1 bathroom unit connected by a central bridge which can be locked off at either end.The unit is currently generating $31,200 revenue thanks to the lease of $2,600 per month ending 31/05/2022 (tenants may wish to extend) however this space would be an amazing grand parents home, teenagers retreat, home office or any number of other options.These architecturally designed residences are finished to the highest standards and boast soaring ceilings, warm timber flooring, stone bench tops with waterfall edges, rectified porcelain tiles and so much more!POTENTIAL OPTIONS- Living in the main home and collect an attractive yield by renting out the unit.- Occupy the entire property and enjoy the space and flexibility this home can provide.- Purchase with parents and use this home as a true multi generational property.- Capitalise on high rents and lease out the unit and main house separately and enjoy this income producing asset.MAIN HOUSE- Super bright, open layout with high ceilings- Open plan kitchen living and dining area effortlessly flows to the private, low maintenance backyard- Huge main bedroom with dual walk in robes and direct access to the stunning en suite- 2 generously sized additional bedrooms both with built in robes- Upstairs activity room or 5th bedroom with a great balcony- Big family bathroomUNIT- Located at the front of the property (Above the "theatre")- Modern kitchen with heaps of storage- Beautiful wood flooring- Handy balcony- Direct access to the "theatre below"THEATRE- Located at the front of the property (Below the unit) with it's own entrance- Expansive room filled with natural light- Separate powder room & wet barSPECIAL FEATURES:- Timber flooring- Ducted reverse cycle air-conditioning- Security alarm system- Network Cabling- Reticulated gardens and lawn- Ample storage throughout- And much more...LOCATION FEATURES:- Close to Scarborough Beach and Trigg Beach- Close to Karrinyup Shopping Centre- Close to great schools- Close to Lake Gwelup- Close to public transport- Close proximity to freeway accessINFORMATION YOU'LL NEED :- Council Rates: $2,704.00 per annum approx. - Water Rates: $320 bimonthly approx.Disclaimer:This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.