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Lot 1039 Iselin Road Iselin Road, Two Rocks WA 6037

Fixed Price $1,024,800

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$1.02M - $1.08M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 3 Baths 4 Cars 375 m² 215 m²

Listed: yesterday

Updated: 3 hours ago

Overview

This well-considered property at Lot 1039 Iselin Road in the Atlantis Beach Estate of Two Rocks stands out for its innovative dual-key design, ideal for investors seeking flexible rental income options. Set on a 375 square metre north-north-west facing block, the generously sized 215sqm building footprint efficiently utilizes space for multiple tenants or multi-generational living, providing two fully independent living areas.

Featuring five bedrooms and three bathrooms, the home is designed around dual entrances, two kitchenettes, laundries, separate living rooms, and alfresco spaces. This layout not only supports different tenant arrangements but also maximizes privacy and convenience, increasing rental appeal.

The contemporary finishes include engineered stone benchtops and stainless steel appliances in the kitchens, as well as soft-close cabinetry and quality bathroom fittings. Comfort is enhanced with reverse-cycle split-system air conditioning in the main living area and master bedroom, ensuring year-round livability. High ceilings and thoughtfully installed window treatments contribute to the property's spacious and bright ambiance.

Outdoors, two private rear yards create valuable outdoor living or leisure space, complemented by paved alfresco areas, boundary fencing, and front landscaping. The property holds a LOW Bushfire Attack Level rating, adding peace of mind regarding safety.

Located in a relaxed coastal community, the property benefits from proximity to local beaches, marina, recreational facilities, and essential services including shopping centers and cafes. Excellent connectivity is provided by nearby public transit via the Yanchep Line and Transperth bus services, supporting easy commutes to Perth and surrounding areas.

With a provided rental estimate of approximately $1,090 per week and an anticipated yield of around 5.5%, the property offers a compelling investment opportunity in a growing northern coastal corridor. Titles are projected for May 2027, making it ready for development soon after settlement.

The location is family-friendly with multiple schooling options nearby, from primary to secondary levels, both independent and government institutions, supporting a variety of household needs and lifestyles.

Local Market Insights

In Two Rocks, Quiet Listings observed 8 new houses entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $787,850. The property type mix of listed properties is predominantly Houses at 89%, followed by land (11%). The most active agency for houses in the Two Rocks area is currently Ray White, representing 38% of new listings, followed by Jones and Co Property with 13%. 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.