52 Peake Way, Medina, WA 6167 - More Details
**Mid*$700k's**
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Alternatively, SCAN the QR Code in one of the photos to submit your offer or track the status of the Sale Process!
Note - **All Offers are Taken Via Openn Negotiation Platform. The sale Campaign is a Private Treaty & NOT an Auction, so the seller reserves the right to sell the property to any buyers of their choice.**
**PRICE GUIDE - Mid $700k's & offers are expected in/around/within that range**
Aman Singh and The Best Realty Group are proud to present 52 Peake Way, Medina. Set on a sprawling 802sqm allotment, this classic 1954-built cottage perfectly captures the nostalgic character, natural shade, and relaxed lifestyle that Medina is famous for. Offering an array of possibilities-from restoring a vintage gem to unlocking lucrative dual-income potential-this property stands out as an exceptional asset for homeowners, renovators, and savvy investors alike.
Classic Character & Light-Filled Interiors
• The Nostalgic Cottage Core
- Rich Jarrah Floorboards: Beneath your feet lies original, high-quality Jarrah timber flooring, ready to be polished to perfection to restore the home's historic elegance.
- Soaring High Ceilings: The elevated ceilings enhance the sense of space, giving the internal footprint a traditional, airy atmosphere.
- Abundant Natural Light: Massive windows are featured throughout the home, drawing in a wealth of warm, natural sunlight.
• Functional Layout & Amenities
- Welcoming Living Hub: The comfortable central lounge transitions smoothly into a highly functional kitchen, which boasts beautiful views over the expansive backyard.
- Comfortable Bedroom Wing: Both bedrooms are generously sized and positioned at the front of the home, framing peaceful, leafy views of the front garden.
- Practical Bathroom & Utilities: Servicing the home is a well-appointed bathroom featuring a bathtub, shower, and vanity. A separate guest toilet adds daily convenience, with easy backyard access provided through the adjacent laundry.
Sprawling 802sqm Block & Development Potential
• An Outdoor Canvas with Endless Options
- Timeless Front Porch: A classic front porch welcomes you to the property, instantly delivering that highly sought-after, picture-perfect cottage street appeal.
- Massive Leafy Backyard: The expansive rear yard is ultra-private, incredibly peaceful, and wrapped in natural greenery, offering an abundance of usable space for pets and children.
- Granny Flat / Dual-Income Potential: Under the R12.5/20 zoning guidelines, the substantial 802sqm block size indicates the potential to build a self-contained, single-bedroom secondary dwelling. This is a brilliant strategy to accommodate extended family or secure a second rental stream.
- Drive-Through Access & Storage: Benefit from direct drive-through vehicle access to the rear of the block, complemented by a handy garden shed for tools and equipment.
- Renovate or Rebuild: Choose your own adventure-renovate and modernise the character-rich structure, or demolish and utilize the massive block to design and construct your ultimate dream home (Buyers must perform their own due diligence).
• Premier Tree-Lined Medina Location
- Everyday Amenities Close By: Situated in one of Medina's most convenient pockets, putting local cafes, shops, reputable schools, and medical facilities just moments away.
- Recreation & Outdoors: Walk to the popular Thomas Oval and local bike park, offering the perfect environment for outdoor family activities.
- Effortless Commuting: Enjoy easy access to the Kwinana Freeway and nearby public transport networks, making travel to the Perth CBD or the coastline smooth and simple.
• Outstanding Turnkey Investor Portfolio Asset
- Immediate Cash Flow: This property represents a highly secure investment, currently tenanted at $460 per week until August 2026.
- Strong Rental Performance: With a current market rental appraisal of $480 - $520 per week, this asset promises reliable yields in a high-demand rental market.
• Property Particulars•
Build Year: 1954
Block Size: 802sqm (approx.)
Zoning: R12.5/20
Water Rates: $833 per annum (approx.)
With its rich Jarrah floorboards, dual-income potential, immediate rental return, and massive 802sqm block, 52 Peake Way is a rare find in today's market. Enquire today to secure your viewing and request a digital walk-through video!
DISCLAIMER:-
**Photos from previous Sales/Rental listings have been used to protect the tenant/seller's privacy. The actual property condition may be different in reality.**
**Virtual Furniture Staging has been used in the photos. The images of the furniture at the property have been digitally altered or enhanced.**
**This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should place no reliance on it and should make their own independent inquiries.
**The Best Realty Group have endeavoured to ensure the information is true and accurate, but accepts no responsibility and disclaims all liability concerning any errors, omissions, inaccuracies or misstatements.
**Reference to a school does not guarantee the availability of that particular school.
**ALL distances are estimated using Google Maps. Prospective purchasers should enquire with the relevant authorities to verify the information in this advert.
**ALL boundary lines and sizes on imagery are APPROX only.**
- Type
- House
- Bedrooms
- 2
- Bathrooms
- 1
- Parkings
- 1
- Area
- 802 m²
