Back 87 Penzance Street
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87 Penzance Street

Bassendean WA 6054

4
2
2
753 m²
House
Currently for sale - view listing

Overview

Family Home, Approved Granny Flat & Outstanding Income Potential

Set Sale Date ALL OFFERS WILL BE PRESENTED BY 10/08/26 THE SELLER RESERVES THE RIGHT TO ACCEPT ANY OFFERS PRIOR. Positioned on a generous 753sqm R20-zoned block, this versatile property offers a rare combination of lifestyle, flexibility and strong investment appeal. Freshly painted throughout and move-in ready, the main residence features three well-proportioned bedrooms, multiple living areas, a dedicated home theatre, updated bathroom vanity, new carpets to the living room and master bedroom, three split-system air conditioners, gas heating and window shutters. What truly sets this property apart is the fully self-contained one-bedroom granny flat, separately positioned from the main residence and approved by the Shire. Complete with its own kitchen, living area, ensuite, walk-in robe and storage room, it provides an outstanding opportunity for multi-generational living, guest accommodation, a home business or additional rental income. For investors or owner-occupiers looking to offset their mortgage, the granny flat offers excellent rental potential, with an estimated rental return of approximately $500 per week (subject to market conditions). Outside, enjoy your own private resort-style setting with a below-ground swimming pool, spacious gabled patio and established gardens. A new pool filter and chlorinator were installed less than 12 months ago, while bore reticulation services both the front and rear gardens to keep maintenance costs low. The property also benefits from a 3kW solar system, separate gas hot water systems servicing both the house and granny flat, and a wide driveway with ample space for a caravan, boat, trailer or additional vehicles. Offering complete peace of mind, the house, granny flat and swimming pool all have Shire approval, with plans available upon request. Conveniently located close to Bassendean Train Station, public transport, schools, parklands, shopping centres, Perth Airport and the CBD, this is a property that delivers exceptional flexibility for families and long-term value for investors alike. Features -Generous 753sqm R20-zoned block -Fully self-contained 1-bedroom granny flat -Potential granny flat rental return of approximately $500 per week* -Freshly painted throughout -New carpets to living room and master bedroom -Dedicated home theatre -New bathroom vanity -Below-ground swimming pool -New pool filter and chlorinator -Spacious gabled patio -3 split-system reverse-cycle air conditioners -Freestanding gas heating -3kW solar system -Separate gas hot water systems for house and granny flat -Bore reticulation to front and rear gardens -Wide driveway with caravan or boat parking -House, granny flat and pool all Shire approved Rental estimates are provided as a guide only and are subject to market conditions and independent assessment. For further information or an obligation free appraisal, contact listing agent Leysen Yang on 0433 747 111 or email leysen@linkonerealestate.com.au Disclaimer: Although every effort has been taken to ensure the information provided for this property is deemed to be correct and accurate at the time of writing it cannot be guaranteed, reference to a school does not guarantee availability of that school, distances are estimated using Google maps. Buyers are advised to make their own enquiries as to the accuracy of this information.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
753 m² lot size
House

Property history for 87 Penzance Street

2022
Sold
$745,000
06 Dec 2022 by Kelly Jones, of Jones & Co Property

Happy sellers in Bassendean

96%
96% of sellers in Bassendean reported that their sale price either exceeded or met their price expectations.

Bassendean stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Bassendean over the last 12 months.

Local market activity for 4 bedroom houses in Bassendean

In the last 12 months, 41 four-bedroom houses similar to 87 Penzance Street, have been sold.

This represents a 40% increase in four-bedroom houses sales when compared to the previous 12 months.

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