138 Chidlow Street
Northam, WA 6401

This exceptional dual-dwelling property, located within the Shire of Northam and zoned R30, offers a unique investment opportunity with immediate rental income potential. The property is securely enclosed by full Colourbond fencing, providing privacy and security for both residences.

The first residence is a spacious, character-filled home featuring multi-level living spaces with attractive pine ceilings that add warmth and charm. The modern renovated kitchen is equipped with electric cooking facilities and ample bench space, complemented by a generously sized dining area opposite the kitchen, ideal for family meals and entertaining.

On the ground floor, the main residence includes a queen-sized master bedroom with an adjoining shower room and a separate toilet for convenience. Additionally, there is a smaller second bedroom that can serve as a nursery, study, or dressing room, along with a laundry area. Upstairs, the home offers another queen-sized bedroom with a semi-ensuite bathroom and an additional bedroom featuring built-in robe space. Small verandas on either side of the house enhance the outdoor appeal and provide charming spots to relax.

The second residence is accessed via a convenient drive-through entry and boasts a functional, well-designed layout. The ground floor includes a modern compact kitchen, an open-plan dining and family area, a double bedroom, and a bathroom. Upstairs, there is a second living space and two additional bedrooms, offering flexible accommodation options suitable for various needs.

Outside, the property provides ample parking space at the front and side, with plenty of room remaining for a substantial shed, gardens, or further enhancements to suit the owner's preferences.

Conveniently situated close to all town amenities, residents will enjoy easy access to major supermarkets such as Coles, Woolworths, and Aldi, as well as a variety of cafés, restaurants, schools, and everyday services. The property's location is also advantageous for commuters and travelers, being approximately 79 kilometers from Midland and 86 kilometers from Perth Airport.

With an asking price of offers over $779,000, R30 zoning, dual residences, secure long-term leases, and a strong combined rental return of $1,200 per week, this property represents a compelling investment opportunity. The first residence is currently leased at $700 per week until January 15, 2027, and the second residence is leased at $500 per week until May 28, 2027.

This is a rare chance to acquire a dual-income property with strong returns in a sought-after location. Investors and buyers are encouraged to consider this opportunity promptly.