5 Korella Street, Mullaloo, WA 6027

INSPECTION BY APPOINTMENT ONLY - Brand new, completed in 2023, and perfectly positioned as one of Mullaloo's closest properties to the beach. Only two doors away from the path leading down to the ocean's edge. With an internal living area of 862 sqm made up of 5 distinct living zones including 5 kitchens (3 major, 2 minor) 9 living areas, 8 bedrooms and 7 bathrooms, it is truly one of a kind. Perfect for large extended households, multiple families living under one roof, or those looking for the ultimate options for separate living zones with still the option to all come together when and as you wish.

An unparalleled coastal sanctuary that redefines luxury, lifestyle and versatility. This remarkable structure will also appeal to an entrepreneur who may see an opportunity to rent out some or all of the property, long or short term*, and produce a solid income stream. (*subject to conditions)

All of the rooms are generous, stylish, modern, and sleek with premium fittings and finishes, all in the modern white and grey colour palette that's so on point and perfect for this beachfront residence.

At ground level, the home offers a massive separate indoor alfresco-style entertaining lounge/studio/kitchen area with its own bathroom and storage - plus its very own external side access. This could easily be converted into a large lock-up garage for any car enthusiast. The ground floor goes on to offer a large main open-plan living/dining/kitchen/family space, a separate theatre room, study/office, the main laundry and drying courtyard, three further bedrooms including a main bedroom suite with large walk-in robe, another bathroom and a separate toilet.

On the first floor above we find another full-sized, fully equipped, spacious Kitchen, lounge and dining zone. There is a full master bedroom suite with an ensuite bathroom, and access to a two-way powder room, along with another full guest suite. This level has sweeping sea views and fresh breezes. This level is also home to a studio with a kitchenette, a lounge room or home office, and another bedroom, bathroom and toilet, plus a storeroom,

Up to the top floor, we have a fully separate and lockable self-contained 2 bed 2 bath executive penthouse apartment across the whole top floor of the house. This is in its own world and is made up of an expansive open-plan living, meals, kitchen and laundrette area, an extensive bedroom suite with an ensuite bathroom, plus a separate second bedroom, a separate second bathroom, double blinds and a phenomenal dual sunrise and sunset aspect to savour, with panoramic ocean and coastal views as well as east back to the Perth hills. It is the perfect top-floor penthouse apartment-style residence by the beach.

The enclosed front yard has a sprawling lawn with ample space for a future swimming pool, an extended garage, storage for a boat, caravan, etc, or even subdivide it off as its one green title. The first option is to subdivide the yard as it is, creating a 350sqm (approx.) front block. The second is removing the garage (and utilising the current enclosed alfresco as your new garage) to release a larger 500 sqm (approx.) Green Title block, should you wish.

A large separate remote-controlled double lock-up garage enjoys remote-controlled roller-door access to a hidden paved courtyard the perfect trailer, fishing or surfing gear.

Beyond the home's grandeur, the location is simply unbeatable, with Mullaloo Beach, a park, schools and shopping only walking distance away, while leisure and lifestyle amenities such as the exciting Ocean Reef Boat Harbour development, the local surf club and vibrant beachside cafes and restaurants are all within easy reach.

Designed with an emphasis on quality and functionality, this home offers more than just a place to live - it's a gateway to a premium coastal lifestyle like no other. From creating a personal oasis to exploring its immense accommodation potential, the possibilities are extraordinary.

A residence of this size, scope and proximity to the beach takes years of planning and building to recreate, and with today's building costs and environment, a small fortune. Save yourself the time, money and effort. Buy this and move straight in without having to lift a finger. Act now to secure this once-in-a-lifetime opportunity.

Features Include:

? 8 bedrooms

? 7 bathrooms

? 5 Kitchens

? 2 Studios

? 2 Studies

? Media/Theatre

? 3 stories

? 1029sqm of land - subdivisible

? 2 doors from the beach

? Quality double-glazing

? Premium stone bench tops

? Bosch dishwashers in the ground-level alfresco living zone and the main kitchen/kitchenette areas of all three floors, plus the lower first-floor studio

? Integrated range hoods and Westinghouse five-burner gas-cooktop/oven combinations

? Breakfast bars

? Built-in or walk-in wardrobes in all bedrooms

? Commercial-grade Daikin ducted reverse-cycle air-conditioning throughout

? Ceiling fans

? LED downlights

? Sensor lights

? Under-stair data, RCDs

? Manifold water shut-off system

? Three (3) solar-boosted hot-water units

? Two (2) Rheem instantaneous gas hot water systems

? Full reticulation

? Fully fenced with digital PIN access for vehicle electronic gate. Key access for Pedestrian gate

? Multiple parking options - for up to 10 cars/vehicles

Approx Rates

Council: $ 3,731.61 PA

Water: $ 2,267.03 PA