18A Stoke Street

Mount Pleasant WA 6153

The house was built in the 1970s as a stand-alone parents retreat below the owners home, on a 1142 square metre block. The two dwellings were subsequently Strata titled into a two lot single tier Strata scheme, with boundaries defined by the floor plans of the homes. They are effectively stand-alone homes with a common driveway. There is no Strata Company or Body Corporate and thus no associated fees, rules or by-laws. The current Strata scheme would readily lend itself to conversion into a Survey-Strata scheme, whereby unit entitlement is re-defined in terms of mutually agreed land boundaries, with the common driveway titled separately as common property. Under a Survey-Strata scheme, if the mutually agreed boundary lines were drawn along the obvious lines, then the land area entitlement for the dwelling area would exceed well over 500 square metres. Whilst this may be preferable to some, the existing fencing and disposition of the two homes already define suitable land boundaries that provide the desired level of privacy and seclusion around each home.
The house was built solidly and has been well maintained and progressively renovated, including recent renovation of the master bedroom en-suite. It is surrounded by quality homes set well clear of the propertys boundaries, which provides for a sunny and airy home, with a definite beach house feel about it due to its closeness to the river. While it is not an executive style residence, it maintains a special appeal due to these characteristics.
An upstairs open plan living area opens up onto a balcony overlooking the pool and the river beyond. A sunroom with floor to ceiling windows off the kitchen also opens onto the balcony. Downstairs is a large theatre/games room and separate studio/fourth bedroom opening onto the pool area from under a large veranda area created by the first floor overhang. Enclosed front courtyard. Ducted evaporative air cooling system, fixed gas induction heater and solar hot water system. Super-fast NBN is available with fibre optic cable connected all the way to the house, providing up to 100mb/s download speed. Foxtel ready. Reticulated easy care gardens Two car garage with an additional car bay beside the house, together with street parking bays at the end of Stoke Street and along The Esplanade.
This property offers a rare opportunity to buy into the Mount Pleasant waterside precinct at a fraction of the cost of surrounding land values. The property readily lends itself as an investment property, attracting a rental of $800 per week. As the lessees have only recently vacated, a prompt purchaser will have all options open prior to the house being re-tenanted. Inspection by appointment.
Enquiry code for this property: 9879