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A special luxury property on the Indian Ocean – which is becoming increasingly popular with eager buyers – is earning more in rental income than the average Australian salary.
This four-bedroom, three-bathroom home in Perth’s North Coogee area includes a self-contained studio apartment that is being rented out on Airbnb for a good price.
Ray Whitecotts Lo Mosman Park agents Russell Small and Tiny Mincher said in the listing that the apartment had made $145,000 a year over the past two years. They sought offers of more than $2.7 million during the campaign and now the address is for sale.
The internal floor plan is split over two levels and covers an area of 255 square metres, making it spacious and house-sized.
For comparison, the average floor area of a new home in Western Australia is 223.2 square metres, according to Australian Bureau of Statistics data for the 2022 financial year.
With stunning views of the Indian Ocean, Rottnest Island, Carnac Island and Garden Island from multiple balconies, this is an entertainer’s paradise.
The interiors reflect a Mediterranean aesthetic, with crisp white walls and textured accents.
The studio is accessible via an elevator and offers a private retreat for guests, with access to a rooftop terrace featuring a covered pavilion and spa.
Shared facilities include a swimming pool and gymnasium.
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