18 Cockburn Street

Introducing a remarkable opportunity to acquire a house for sale in Perth , located at 18 Cockburn Street, Perth. This charming detached two-storey residence, nestled in the heart of the Lanark area, boasts incredible potential for both homeowners and investors alike. With its R3 zoning, this property presents a unique chance to offset your mortgage with a dedicated income-generating apartment, making it ideal for those looking to expand their rental portfolio or utilise it as a nanny suite.

The main home features a spacious layout that is both functional and inviting. Upon entering, you will find a large kitchen that serves as the heart of the home, perfect for culinary enthusiasts. The dedicated dining room provides an excellent space for family meals and entertaining guests, while the bright living room opens directly to the backyard, creating an ideal setting for relaxation or outdoor gatherings. This house for sale in Perth is well-suited for a small family, first-time buyers, or those looking to downsize without sacrificing comfort.

Comprising three well-appointed bedrooms, this home offers ample space for personalisation and comfort. The oversized bathroom adds a touch of luxury, ensuring that daily routines are both convenient and enjoyable. Although there is no den, the layout of the house allows for flexibility in how the rooms can be utilised. The additional feature of having two kitchens is particularly advantageous, providing options for meal preparation or catering to guests.

One of the standout features of this property is the rear apartment, which is currently occupied by a reliable tenant. This space offers significant flexibility as it can serve as a rental unit, nanny suite, or in-law accommodation, providing immediate supplemental income or multi-generational living options. The potential for generating income from this house for sale in Perth cannot be overstated, making it an attractive proposition for savvy investors.

Situated at 18 Cockburn Street, Perth, this property is conveniently located within walking distance to all the amenities the town has to offer. The surrounding community is vibrant and welcoming, ensuring that residents have easy access to shops, restaurants, and recreational facilities. This house for sale in Perth combines convenience, versatility, and value, making it an excellent choice for anyone looking to invest in a property that offers both comfort and financial opportunity.

The exterior of the home is clad in durable vinyl siding, which not only enhances its aesthetic appeal but also requires minimal maintenance. While the house does not feature a pool or a fireplace, it compensates with a family room that is perfect for gatherings and relaxation. The absence of central air conditioning may be a consideration for some, but the forced air heating system ensures that the home remains warm and comfortable during the colder months.

The property sits on a generous lot measuring 51 x 76 feet, providing ample outdoor space for gardening or leisure activities. Although there is no garage or central vacuum system, the house offers one parking space, ensuring that residents have convenient access to their vehicles. The unfinished basement presents an opportunity for further development, allowing new owners to customise the space according to their needs.

In summary, this house for sale in Perth at 18 Cockburn Street, Perth, is a unique offering that should not be missed. With its spacious layout, income-generating potential, and prime location, it is an ideal choice for those looking to invest, live and rent, or simply enjoy a low-maintenance lifestyle with added financial support. The endless possibilities that this property presents make it a truly valuable opportunity in the heart of Perth. Don’t hesitate to explore this charming residence and discover how it can meet your needs and aspirations.

Community 907, located in the vibrant city of Perth, offers a unique blend of urban convenience and natural beauty. Nestled near the banks of the Swan River, this area boasts picturesque parks and recreational spaces, making it ideal for outdoor enthusiasts. With a diverse array of shops, cafes, and restaurants, residents can enjoy a lively social scene while still benefiting from the tranquillity of nearby green spaces. The well-connected public transport system ensures easy access to the city centre and beyond, making it a perfect spot for those seeking a balanced lifestyle in a dynamic environment. Whether you're drawn by the cultural attractions or the stunning landscapes, Community 907 provides a welcoming atmosphere for all.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is Queen Elizabeth Public School, an elementary institution offering French language instruction for grades JK to 6, situated just 0.6 km away with a school rating of 6.7. Another nearby option is St. John Catholic School, also an elementary school, located 0.5 km from the property, providing French education for grades JK to 6 and boasting a school rating of 6.9. For secondary education, Perth and District Collegiate Institute is only 1.1 km away, serving grades 7 to 12 with a French language curriculum and a school rating of 5. Additionally, St. John Catholic Elementary School is nearby at 0.5 km, offering English instruction for grades JK to 8, although it currently holds a school rating of 0. The variety of schools in close proximity ensures that families have access to diverse educational options, catering to different preferences and needs. Overall, this location is ideal for those prioritizing education and community resources.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 536 residents and an average household size of 2. The average age of residents is 47.5 years, indicating a mature population. The average household income stands at $75,000, with 12.8% of the population classified as low-income. The average property price in the area is approximately $372,000, reflecting the local real estate market. The community has a significant portion of single individuals, comprising 46.81% of the population, while 25.81% of households include children. Renters make up 30.19% of the housing situation, and notably, there are no condominiums in the area. The educational attainment is relatively high, with 50.59% of residents holding a college or university degree. However, a considerable percentage, 42.35%, are not in the labor force, which may reflect various factors including retirement or personal choice. Additionally, the immigrant population is modest at 3.19%, contributing to the community's diversity. Overall, this demographic snapshot indicates a stable, educated, and primarily middle-income community with a mix of family structures and housing arrangements.