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18 Aangalore Road, Madora Bay WA 6210

$950,000 All Offers Presented

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$950k - $998k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 809 m²

Listed: 53 days ago

Updated: 47 days ago

Overview

Set on a generous 809 square metre block in the desirable Old Madora Bay area, this property offers a substantial low-maintenance home with immediate rental yield and promising future potential.

The residence currently comprises three bedrooms and a single bathroom, featuring practical comforts such as split-system air conditioning and a drive-through carport that allows convenient vehicle access to the sizeable backyard. The outdoor area is well-equipped with a covered patio, making it ideal for entertaining or enjoying the outdoors comfortably throughout the year. Additional practical outdoor amenities include a rear shed and a bore.

Positioned approximately 840 metres from the beachfront, this property combines coastal lifestyle appeal with investment advantages, being leased until June 2027 at $510 per week, providing a steady income stream from the outset.

This property represents an attractive opportunity for investors seeking to expand their portfolio with a coastal asset, future owner-occupiers planning gradual enhancements, or buyers looking for a significant landholding with redevelopment possibilities. The block's size and location offer scope for building a granny flat, undertaking renovations, or redeveloping entirely, potentially capturing ocean views subject to council approvals.

Overall, this home and land package balances comfortable living with financial and developmental flexibility, appealing to a broad range of buyers prioritizing both immediate and long-term benefits in a coastal community.

Local Market Insights

In Madora Bay, Quiet Listings observed 167 new houses entering the market over the last 30 days, up from 138 during the previous 30-day period, with an average advertised asking price of $1,000,569. The property type mix of listed properties is predominantly Houses at 76%, followed by units (7%), and land (7%). The most active agency for houses in the Madora Bay area is currently Harcourts, representing 32% of new listings. 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.