29 Yorrell Place

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About this property

Dual living, one title, multiple pathways to profit - secure income and capital growth in one package! A rare and exceptional offering, this expansive property delivers two homes and the potential for three income streams on one generous block. Versatile and rich in potential, it presents a range of living and investment possibilities tailored to suit a variety of buyers. Thoughtfully designed for multi-generational living, the layout allows extended family whether parents, adult children or guests to live close by while still enjoying their own private, self-contained spaces. It's a perfect balance of connection, comfort and independence. Eliminate the stress and ongoing costs of retirement living and avoid the challenges of securing multiple properties in a tight rental market. This is a seamless, cost-effective solution that brings everyone together under one address without compromise. Whether you choose to live in one and rent the other two, create a secure base for extended family, or maximise the income potential, this property delivers on every level. Main House Overview - Master bedroom with ceiling fan, walk in robe, ensuite attached with vanity, shower and w/c - Kitchen with stove, electric oven, ample cabinetry - Open plan lounge and dining room - Gas fire - Games room - Three minor bedrooms, two with robes - Main bathroom with shower, bath and vanity - Laundry with w/c, robes and easy access outside - Evaporative cooling - Large gabled patio - Large garden shed - Security cameras - Solar system - Double remote garage - Expected rental return of $680-$700 per week Granny Flat - Installed October 2025 - Separate from the house with its own access - Two bedrooms with their own split system a/c - Combined bathroom and laundry with shower, w/c, washing machine recess and cabinetry - Kitchen complete with gas stove, electric oven and an abundance of cabinetry - Small lounge/dining room - Front decked courtyard - Expected rental return of $450 - $500 per week Share House Room - Large open plan bedroom with room for a lounge/dining - Kitchenette with electric stove, electric oven, fridge recess and ample cabinetry - Four storage robes - Expected rental return of $220 - $320 per week Property Overview Whole Property - 7 Bedrooms x 3 Bathroom Estimated Rental Return: $900 - $920 per week Main House + Share Room - 5 Bedrooms x 2 Bathrooms Estimated Rental Return: $680 -$700 per week Granny Flat - 2 Bedrooms x 1 Bathrooms Estimated Rental Return: $450 -$500 per week Total Combined Rent: $1,130 - $1,200 per week Projected Annual Income: $58,760 - $62,400 per annum Investment Highlights - Dual Tenancy Advantage: Three income streams mean, reduced vacancy risk and stable returns - Cost-Efficient Ownership: One title and one set of council rates - minimising ongoing expenses - Flexible Options: Live in one and rent out the other two, or lease all for maximum return - High Rental Demand: A sought-after location with consistent tenant interest and limited supply Positioned in a highly sought-after location, this home offers exceptional convenience just moments from all your everyday essentials. Enjoy close proximity to the stunning Halls Head beaches, Halls Head Golf Course, public transport, local shops and quality schools-creating a lifestyle that perfectly balances relaxation with practicality. This property seamlessly combines lifestyle appeal with investment potential, offering the flexibility to live in, lease out, or enjoy a combination of both. It's ideally suited to astute investors chasing solid returns, larger or extended families wanting to remain close, or anyone seeking a versatile home that can evolve with changing needs. A truly adaptable opportunity delivering immediate benefits and long-term value. Act quickly opportunities like this are rarely available. Packed with potential, flexibility and future upside, this is your chance to secure something truly unique. Call Mitchell Seamer today for more information 0478 691 304. This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.