38B Cordelia Avenue, Coolbellup WA 6163

3-bed main plus granny flat | Coolbellup duplex-style | compact 392m² | dual-living potential | March sale The buying case for this property rests primarily on its verified 3+1 configuration, a rare combination on a 392m² 1965 build block. The separate granny flat effectively creates a dual-occupancy opportunity without the land size penalty, giving an investor or multigenerational household a functional edge in a suburb where such setups attract strong buyer interest. The main dwelling’s three bedrooms and two bathrooms are adequate for a small family or as an income-producing component, while the ancillary accommodation offers immediate rental or extended-family use. For a buyer seeking yield flexibility or independent living separation, this layout is competitively positioned relative to standard single-dwelling alternatives. The primary risk is the unresolved inconsistency between sources reporting three versus four bedrooms; the granny flat should be confirmed as a lawful, self-contained unit with separate access and appropriate approvals, as non-compliant ancillary accommodation may affect borrowing or insurance. The 80m² main building area is compact, limiting appeal for those who prioritise internal space over site utilisation. The 1965 build may require near-term structural or systems upgrades, though the lack of a confirmed sale price in this data prevents a value assessment—the quoted $1.188 million estimate is automated and unreliable. Opportunity lies in leveraging the dual occupancy for immediate cash flow or phased capital improvement to lift overall rent roll. Hold for income or occupy the main house while letting the granny flat offset costs.