Unique Opportunity - Invest, Live-in or Both!

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Lot 4/1 Hearn Place, Carnarvon WA 6701

Offers From $360,000

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$360k - $378k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 6 Beds 2 Baths 2 Cars

Listed: 13 days ago

Overview

This property offers a unique investment or live-in opportunity featuring a two-storey duplex with two separate units on a single title. Each unit comprises three bedrooms and one bathroom, clad in fibro and Colorbond materials, providing sturdy, low-maintenance construction that suits the local climate.

Inside, the homes feature floorboards throughout, enhancing the warm, natural aesthetic, and spacious open plan living areas that facilitate comfortable family gatherings or easy daily living. The well-equipped kitchens are operated with convenience in mind, matched by bathrooms that meet everyday needs efficiently. Built-in robes in every bedroom provide practical storage solutions, while separate hot water systems offer independence for each unit.

For climate control, new split-system air conditioning units have been installed in the living areas, ensuring comfort throughout the seasons. Recent partial repainting refreshes the interiors, complemented by new electric hot water systems enhancing energy efficiency.

Outside, the property includes a double carport at the rear, allowing convenient vehicle storage, alongside a courtyard and a front balcony overlooking easy-care gardens, providing relaxing outdoor spaces. Significant reconstruction of the balcony, stairs, roof, and verandah to cyclone standards adds to the property's safety and durability.

The complex is secure and fully fenced, incorporating three separate automatic gates that ensure privacy and controlled access for tenants and owners. This security feature is ideal for those seeking peace of mind or lock-and-leave accommodation options.

Financially attractive, the property is expected to yield rental returns between $420 and $450 per unit, reflecting the suburb's typical rental market. Combined outgoings include strata fees covering management, insurance, and common grounds upkeep, alongside shire and water rates, providing clear insight into the ongoing costs.

This duplex suits investors seeking reliable rental income, homeowners interested in live-in plus rent options, or those desiring flexible living arrangements with a lock-and-leave lifestyle. The property balances low maintenance with solid returns and secure, comfortable living spaces.

Local Market Insights

In Carnarvon, Quiet Listings observed 2 new units entering the market over the last 30 days, with an average advertised asking price of $420,000. The property type mix of listed properties is predominantly Houses at 70%, followed by units (20%), and duplexes (10%). The only agency with for units listings currently monitored in the Carnarvon area is Ray White. 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.