17 Jacaranda Drive Castletown WA 6450

1. Residential Component:
o 2 Bedrooms: A modern residence with 2 bedrooms.
o 1 Bathroom: A well-equipped bathroom
o Open Plan Living: The living, dining, and kitchen areas integrate into a spacious open-plan layout.
o Reverse Cycle Air Conditioning: Providing climate control throughout the year.
o Fully Enclosed Patio/Games Room: An additional space that can be used for entertaining or as a leisure area, offering flexibility in its use.
2. Commercial/Storage Component:
o 4 x 180 sqm Storage Sheds: These large storage sheds (each measuring 10m x 18m or 180sqm) are an excellent income-producing asset.
o Achievable Gross Return of $600 Each Per Month (PCM): The storage sheds generate a solid monthly income with 3 currently let and one retained for owner use.
3. Land and Development Potential:
o Large 6206 sqm Block: The property sits on a sizeable land parcel of over 6,200 square meters, offering ample space.
o Ample Hardstand Area: This could be useful for parking, storage, or further development.
o Room for Development: The large land area provides potential for future development, such as more storage units, or other commercial ventures, depending on zoning and local council regulations.
Investment Potential:
• The residential component offers a comfortable living space, while the storage sheds provide a consistent source of income.
• With over 6,200 sqm of land, the property holds significant development potential, which could increase its value over time.
• The combination of both residential and commercial space makes it a versatile property for business owners, investors, or those seeking a mix of living and income-producing real estate.
Possible Uses:
• Rental Income: The existing sheds can be rented out, either on a long-term or short-term basis.
• Future Expansion: The property has room for the construction of additional storage units or other commercial spaces (STCA).
• Residential and Commercial Blend: The property could be suitable for a live-work setup, with the owner living on-site and managing the commercial aspects, such as renting out the sheds.

This commercial freehold property is a promising investment, offering a combination of residential comfort and commercial income potential. With development opportunities and consistent rental returns, it could be ideal for someone looking to generate ongoing cash flow while maintaining control over a property that has both residential and commercial benefits. Properties like this are a rare commodity so be quick to enquire with Paul Blackham 0402 278 256