Dual Key. Double the Space. Double the Investment Opportunity.

Dual Key. Double the Space. Double the Investment Opportunity.

A clever coastal investment offering space, flexibility and the potential for two rental income streams under one roof.

If you're looking beyond the traditional investment property, Lot 1039 Iselin Road presents an opportunity worth exploring. Located within the growing Atlantis Beach Estate in Two Rocks, this proposed five-bedroom, three-bathroom home has been designed with flexibility at its heart. Set on a 375sqm north-north-west facing block, the property offers approximately 215sqm of building area, two lock-up garages and something particularly appealing to investors: two large, private rear yards.

The floor plan is where things get interesting. Rather than following the conventional single-living layout, the design incorporates two kitchenettes, two separate living areas, two entrances, two laundries and two alfresco spaces. Combined with five bedrooms and three bathrooms, this configuration offers genuine dual-living potential and the opportunity to accommodate different tenant arrangements. In other words, there's more than one way to make the space work.

The proposed specification adds further appeal, including engineered stone kitchen benchtops, stainless steel kitchen appliances, soft-close cabinetry, reverse-cycle split-system air conditioning to the main living area and master bedroom, 28-course ceilings, floor coverings, window treatments and quality bathroom fittings. Both alfresco areas are paved, while the package also includes front landscaping and boundary fencing. The lot is listed with a LOW Bushfire Attack Level (BAL) rating in the October 2026 release schedule, subject to final confirmation.

Location is another important part of the investment picture. Atlantis Beach offers a relaxed coastal setting, with Two Rocks beaches, the marina, local parklands and recreational facilities nearby. Everyday shopping is available at Two Rocks Shopping Centre and Two Rocks Village, with supermarkets, medical services and local cafes close at hand. The Yanchep Line provides access to Perth via Yanchep Station, with Transperth bus connections servicing the Two Rocks area. The surrounding northern coastal corridor also continues to benefit from expanding residential communities and infrastructure.

From an investment perspective, the supplied rental estimate is approximately $1,090 per week, with an indicative yield of around 5.5%. These figures are estimates rather than guaranteed returns and should be independently assessed. With two living zones, separate kitchen facilities, private outdoor areas and a substantial five-bedroom configuration, this is an opportunity to explore a more flexible rental strategy in an established coastal community.

Titles are currently estimated for May 2027, with the lot ready for construction following settlement and title issue.

Nearby Schools:

- Atlantis Beach Baptist College – Breakwater Drive, Two Rocks – approx. 2.1km – Combined – Co-Ed – Independent – K-10
- Two Rocks Primary School – 51 Resolute Drive, Two Rocks – approx. 3.5km – Primary – Co-Ed – Government – K-6
- Yanchep Rise Primary School – 110 Moorpark Avenue, Yanchep – approx. 6.3km – Primary – Co-Ed – Government – K-6
- Yanchep Beach Primary School – 100 Lindsay Beach Boulevard, Yanchep – approx. 6.6km – Primary – Co-Ed – Government – K-6
- Yanchep Lagoon Primary School – 15 Primary Road, Yanchep – approx. 7.5km – Primary – Co-Ed – Government – K-6
- Yanchep Secondary College – 21 Ravensbourne Street, Yanchep – approx. 7.7km – Secondary – Co-Ed – Government – 7-12
- Northshore Christian Grammar School – 50 Scotthorn Drive, Alkimos – approx. 14.5km – Combined – Co-Ed – Independent – PP-12
- St James' Anglican School – 2 Graceful Boulevard, Alkimos – approx. 15.9km – Combined – Co-Ed – Independent – K-12

* Disclaimer: All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own inquiries and obtain their own legal advice.

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