17A Fourth Avenue Shoalwater WA 6169

2 beds or 3? | Shoalwater house | 513 sqm lot | For rent & sale This house presents a core opportunity based on its substantial 513 sqm lot in a established suburb, offering land value that is increasingly scarce. The current tenancy at $495 per week demonstrates immediate income capacity, suiting an investor seeking yield or an owner-occupant considering a live-in renovation project. The discrepancy in reported bedroom counts, however, indicates a property requiring verification, where the functional layout may differ from official records. Proceed only after reconciling the bedroom and size discrepancies through a physical inspection and title review, as an incorrect configuration affects both valuation and rental appeal. The dual sales and rental marketing suggests a motivated vendor, creating a negotiation edge for a buyer with clear due diligence. Consider this a land-play with a dwelling, where the lot size anchors its long-term utility. Our property report would clarify its real market valuation against true comparables, provide a structural checks list, and detail locality risks like zoning and insurance exposure.