138 Chidlow Street East

Positioned within the Shire of Northam and zoned R30, this outstanding dual-dwelling property presents a rare opportunity for investors seeking immediate rental income. Set behind full Colourbond fencing, the property features two separate residences, delivering a strong combined rental return of $1,200 per week. Residence One Currently Leased at $700 per Week until 15th January 2027 Spacious and full of character, the main residence offers comfortable multi-level living with attractive pine ceilings. The home features a modern renovated kitchen with electric cooking and generous bench space, along with a generously sized dining area positioned opposite the kitchen. The ground floor includes a queen-sized master bedroom complete with shower room and separate toilet, a second smaller bedroom ideal for a nursery, study or dressing room, plus the laundry. Upstairs you'll find an additional queen-sized bedroom with semi-ensuite bathroom, alongside another bedroom with built-in robe space. Small verandas on either side add charm and outdoor appeal. Residence Two Currently Leased at $500 per Week until 28th May 2027 Accessed via convenient drive-through access, the second dwelling offers its own functional and well-designed layout. Downstairs features a modern compact kitchen, open plan dining and family area, along with a double bedroom and bathroom. Upstairs provides a second living space and two additional bedrooms, creating flexible accommodation options. Outside, there is ample parking at the front and side, with plenty of space remaining for a substantial shed, gardens or further enhancement. Conveniently located close to all town amenities, you'll enjoy easy access to Coles, Woolworths, Aldi, cafés, restaurants, schools and everyday services. Commuters and travelers will also appreciate the property's proximity, being approximately 79km to Midland and 86km to Perth Airport. With an asking price of Offers Over $779,000, R30 zoning, dual residences, secure long-term leases and an impressive income stream already in place - this is an investment opportunity not to be missed! What are you waiting for? All inquiries to exclusive selling agents Elders Real Estate Sharon Johnson | 0418 958 651 | Sharon.Johnson@elders.com.au