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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

3 Mary Street
South Bunbury, WA 6230

GUIDING HIGH $1,000,000's

House 5 beds 2 baths 3 cars 613 m²
Listed: 20 hours ago
Updated: 15 hours ago
Overview

This property located at 3 Mary Street, South Bunbury presents a unique investment and family living opportunity with its dual street access and dual income setup. The premises consist of two separate dwellings: the main house at 3 Mary Street and a newly built granny flat at 3A Mary Street.

The main residence is a beautifully maintained character cottage that has undergone thorough renovation to maintain its original charm while incorporating modern conveniences. It features three spacious bedrooms, a renovated bathroom, and two separate toilets. The character of the home is highlighted through stunning solid Jarrah floorboards and high ceilings accentuated by decorative cornices. The spacious lounge room is accessible directly from the double garage via a private veranda.

The central kitchen offers ample bench space, a double door pantry, and modern appliances including a dishwasher. The home is equipped with ducted reverse cycle air-conditioning ensuring comfort throughout the seasons. The backyard comprises a fully enclosed private yard with a quaint alfresco area and a fruitful lemon tree adding a touch of nature’s delight.

The secondary dwelling is a custom-built granny flat providing a low-maintenance lifestyle with complete privacy. Situated behind the main house with access from Blair Street, this modern unit features two queen-sized bedrooms with built-in robes, an open plan living and dining area, and a well-equipped kitchen. The combined bathroom and laundry area is spacious and efficiently designed. The property is secured with a tall Colourbond privacy fence and an electronic gate, creating a safe environment. It also includes a single carport within a fully concreted yard.

Both properties are currently rented, generating a combined weekly income of $1,230, representing a significant return for investors. The main house is leased for $650 per week until February 3, 2027, and the granny flat is leased for $580 per week until January 23, 2027.

Amenities and features include a 613 square meter block with dual street access, double lock-up garage for the main residence, a single carport for the granny flat, built-in wardrobes, ducted reverse cycle air-conditioning, remote garage, secure parking, courtyard, outdoor entertainment area, and fully fenced grounds. The location is highly convenient with close proximity to schools, shopping centers, and transport facilities.

Additional costs include shire rates approximately $3,079.74 annually and water rates approximately $1,346.38 annually. This property is listed for sale by Openn Negotiation, an online auction process offering flexible conditions. Interested parties are encouraged to register and participate early as the auction has commenced and the seller reserves the right to sell prior to auction.

This exceptional property offers versatility for investors, multi-generational families, or owner-occupiers seeking a rare dual dwelling and dual income opportunity. Its blend of classic character and modern functionality coupled with convenient location within minutes to essential services is a compelling prospect.

Local Market Insights

In South Bunbury, Quiet Listings observed 59 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $888,610. The property type mix of listed properties is predominantly Houses at 75%, followed by units (13%), and commercial properties (4%). Summit Realty South West was the most active agency monitored, representing 41.0% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
3 Mary Street
South Bunbury WA 6230
Measurements
Type Dimensions
Floor Area 99 m²
Market Insights for South Bunbury WA 6230
New Listings (last 30 days)
59
Average price
$888,610
Lowest price
$399,000
Highest price
$2,200,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.