5/32 Coode Street
Mount Lawley, WA 6050

Overview

5/32 Coode Street, Mount Lawley

Positioned within a tightly held and well-maintained enclave, this two-storey townhouse offers a unique combination of immediate rental income and future residential flexibility. Currently leased at $700 per week until 10th July 2026, it presents a secure investment opportunity with the potential to transition into a refined inner-city home when desired.

The interior has been thoughtfully updated to balance warmth and practicality. The ground floor features solid Jarrah floorboards that enhance the open-plan living and kitchen area, which benefits from abundant natural light. The kitchen is designed for efficiency and style, equipped with bamboo benchtops, stainless steel appliances, a dishwasher, and ample storage, all arranged to maintain a seamless connection with the living space and outdoor areas.

Upstairs, the accommodation is well proportioned with two generously sized bedrooms that offer privacy and separation. The renovated bathroom adds a contemporary touch with dual vanities and a streamlined layout, suitable for both everyday living and long-term tenant appeal.

Outdoor spaces are designed for low maintenance yet high usability. Private courtyards at the front and rear extend the living area, creating multiple zones for entertaining, relaxing, or enjoying the peaceful, leafy surroundings. These features appeal equally to tenants and future owner-occupiers.

The townhouse is part of a complex that includes a shared pool and entertaining area, further enhancing the lifestyle offering. A designated undercover car bay provides convenient access to the residence.

Located in the sought-after Mount Lawley Primary School and Mount Lawley Senior High School catchments, the property enjoys strong long-term appeal. It is within walking distance to Beaufort Street's vibrant cafes, dining, and retail precinct, as well as Mount Lawley and Maylands train stations, offering seamless connectivity to the CBD and beyond.

This property represents a considered opportunity with multiple pathways: invest confidently now, occupy and enjoy later, or secure a foothold in one of Perth's most enduring inner-city markets.

• Two-bedroom, one-bathroom townhouse in a quiet, well-maintained complex
• Currently leased at $700 per week until July 2026, providing secure rental income
• Approximately 89 sqm of internal living space across two functional levels
• Open-plan living and dining area enhanced by solid Jarrah floorboards and natural light
• Well-appointed kitchen with bamboo benchtops, stainless steel appliances, dishwasher, and ample cabinetry
• Seamless flow from internal living to private front and rear courtyards, creating multiple outdoor zones
• Two generously sized bedrooms upstairs for privacy and separation
• Renovated bathroom with dual vanities and contemporary fittings
• Split system air conditioning for year-round comfort
• Private, low-maintenance courtyards with established greenery and paved entertaining areas
• Dedicated undercover car bay with easy access
• Access to complex pool and shared entertaining areas
• Located within highly regarded school catchments
• Walking distance to Beaufort Street cafes and dining precinct
• Close to Mount Lawley and Maylands train stations
• Council Rates: $1,691.06 per annum
• Water Rates: $1,199.82 per annum
• Strata Levies: $890 per quarter

Location