5/32 Coode Street, Mount Lawley.

Contact Chris Pham for private viewings. Positioned within a tightly held and well-maintained enclave, this two-storey townhouse delivers a rare balance of immediate income and future flexibility. Currently leased at $700 per week until 10th July 2026, it offers a secure, set-and-forget investment today, with the option to transition into a refined inner-city residence when the time is right. Internally, the home has been thoughtfully updated, balancing warmth with practicality. Solid Jarrah floorboards define the ground level, while natural light moves freely through the open-plan living and kitchen domain. The kitchen is clean and efficient, finished with bamboo benchtops, stainless steel appliances and considered storage, all oriented to maintain connection with the living zone and outdoor spaces. Upstairs, accommodation is well proportioned. Both bedrooms offer separation and natural light, while the renovated bathroom introduces a more contemporary edge, complete with dual vanities and a streamlined finish - equally suited to everyday living or long-term tenant appeal. Outdoor areas are deliberately low maintenance, yet highly usable. Private front and rear courtyards extend the living footprint, creating multiple zones to entertain, retreat or simply enjoy the quiet, leafy surrounds - a feature that resonates equally with tenants today and owner-occupiers tomorrow. Set within a complex that includes a common pool and entertaining area, the lifestyle offering is further enhanced by a designated undercover car bay and easy access to everything that defines Mount Lawley living. Beaufort Street's cafés, dining and retail strip sit moments away, along with Mount Lawley and Maylands train stations, connecting seamlessly to the CBD and beyond. Positioned within the sought-after Mount Lawley Primary School and Mount Lawley Senior High School catchments, the location continues to hold strong long-term appeal. A considered opportunity with multiple pathways - invest with confidence now, occupy and enjoy later, or secure a foothold in one of Perth's most enduring inner-city markets. Features you will love: • Two-bedroom, one-bathroom townhouse positioned within a quiet, well-maintained complex • Currently leased at $700 per week until 10th July 2026, providing secure and immediate rental income • Approx. 89sqm of internal living across a functional two-storey layout • Open-plan living and dining zone enhanced by solid Jarrah floorboards and strong natural light • Well-appointed kitchen featuring bamboo benchtops, stainless steel appliances, dishwasher, and ample cabinetry • Seamless connection from internal living to private front and rear courtyards, creating multiple outdoor zones • Two generously sized bedrooms, both positioned upstairs for separation and privacy • Renovated bathroom complete with dual vanities, contemporary fittings and efficient layout • 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 to the residence • Access to complex pool and shared entertaining areas, enhancing lifestyle appeal • Located within the Mount Lawley Primary School and Mount Lawley Senior High School catchments • Walking distance to Beaufort Street café and dining precinct, with easy access 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