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3A & B Hadda Way, Mahomets Flats WA 6530

Offers Above $849,000

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$849k - $891k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 955 m²

Listed: 52 days ago

Updated: 19 days ago

Overview

Set within a tranquil beachside cul-de-sac mere steps from the Indian Ocean, this rare offering features two well-maintained brick and tile duplexes occupying one title on a generous 955sqm parcel of land in Mahomets Flats. The beach is only about 150 metres away, accessible via a direct track just 20 metres from the doorstep, making it ideal for those seeking a coastal lifestyle where morning swims and sunset walks become everyday pleasures.

The nearly identical units offer low-maintenance, flexible living that caters excellently to investors. One unit currently enjoys the security of a long-term tenant while the other operates as a successful Airbnb, together delivering a current rental yield exceeding 5%, with potential to surpass 7% with strategic adjustments. This setup provides dual income streams from a single title in a sought-after, difficult-to-replicate beachside location.

This property appeals especially to investors looking for versatility: maintaining both as income-generating assets, converting the Airbnb into a permanent rental, or eventually enjoying one as a personal lock-and-leave holiday residence. The location benefits from nearby family parks, Geraldton's Surf Life Saving Club, and one of the region's best beaches at the street’s end.

With two homes on one title, multiple income possibilities, and premium coastal proximity, this unique investment opportunity combines lifestyle advantages with strong financial potential and flexibility.

Local Market Insights

In Mahomets Flats, Quiet Listings observed 32 new houses entering the market over the last 30 days, down from 42 during the previous 30-day period, with an average advertised asking price of $752,219. The property type mix of listed properties is predominantly Houses at 65%, followed by units (14%), and land (12%). The most active agency for houses in the Mahomets Flats area is currently Ray White, representing 47% of new listings, followed by Active West Real Estate with 22%. 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.