Supremely positioned moments from the sandy shoreline of Falcon Bay, 37 Corfu Street presents a truly rare opportunity to secure an expansive 1,176sqm coastal landholding, completed with a beautifully renovated character home & an exceptional self-contained retreat offering impressive income potential.
Rich in history and local charm, the original residence affectionately known as "Vic's Place" was built in 1975 and has been lovingly maintained & thoughtfully updated over the years.
While embracing a fresh coastal aesthetic, the home has carefully retained the distinctive character and timeless features that make properties of this era so sought after.
The front façade has been refreshing upgraded with a huge balcony that further enhances the Falcon lifestyle appeal, providing the perfect vantage point to enjoy your morning coffee, entertain guests or simply watch the colours of the sky transform across the horizon.
Stroll up the outdoor stairs where an immediate sense of warmth & authenticity greets you the moment you step inside.
Stunning recycled jarrah floorboards flow throughout the upper level - with the restored original jarrah floorboards from Dalkeith in the two minor bedrooms, beautifully complemented by abundant natural light & soft coastal tones.
The home effortlessly blends nostalgic charm with relaxed beachside living, creating an inviting atmosphere that feels both stylish & welcoming.
At the heart of the home, the retro-inspired kitchen remains a standout feature - perfectly preserved & full of personality. A panelled servery window connects the kitchen to the front living area, creating an open zone ideal for everyday living & entertaining alike. The original corner bar welcomes you to sit and enjoy this peace & quiet & a connection to the open dining space.
Large bifold doors extend the living space outdoors, opening onto an expansive balcony where ocean glimpses and sea breezes set the scene for long afternoons & spectacular sunsets.
Two generously sized bedrooms are positioned off the main living areas, each featuring high ceilings & large windows that capture natural light throughout the day.
Downstairs, the bathroom & laundry have been tastefully renovated, showcasing quality finishes, contemporary cabinetry & upgraded LED lighting.
Occupying its own private space on the lower level, the generously proportioned master suite is a true retreat.
Rich in character & beautifully appointed, the room is highlighted by stunning ornate lighting that creates a warm & sophisticated atmosphere. Two double door wardrobes with LED lighting inside have also been recently installed as an additional feature.
This inviting sanctuary offers the perfect place to relax & recharge, combining timeless elegance with the laid-back coastal luxe.
Downstairs also offers a separate & spacious media room with access to the great outdoors.
Step outside & discover a backyard ready to be enjoyed year-round. Framed by an abundance of established trees and beautifully landscaped native garden beds, this expansive outdoor haven offers space, privacy & a wonderful connection to nature. The generous lawn provides plenty of room for children & pets to play, while also being the perfect setting for family gatherings, weekend barbecues and even the annual Christmas cricket match.
Adding significant value & versatility to the property is the newly completed self-contained retreat, also known as "Vic's Place" finished in March 2025.
Currently operating as a highly successful Airbnb with an outstanding rating, this beautifully designed accommodation provides a substantial supplementary income stream while offering endless flexibility for future use.
Thoughtfully crafted with premium finishes throughout, the retreat features an elevated skillion roofline, a spacious queen-sized bedroom, stunning bathroom complete with a freestanding bath & walk-in shower.
The heart of this amazing home is a stunning kitchen completed with an island perfect for lazy Sunday brunches. This beautiful kitchen leads outdoors to an impressive skillion-roof alfresco overlooking a secluded & private decked entertaining area.
The outdoor copper shower, established native gardens & carefully considered privacy screening create a boutique coastal sanctuary that guests continue to rave about.
Whether utilised as a thriving short-stay accommodation, a private space for extended family, independent living for teenagers, or accommodation for ageing parents - the possibilities are extensive.
Located just 450 metres from the sparkling waters of Falcon Bay, residents and guests alike enjoy effortless access to swimming beaches, scenic coastal pathways, cafés, shopping precincts & everyday conveniences, all within easy walking distance.
Whether you are seeking a unique multi-generational living arrangement, an investment with proven income performance, a coastal holiday escape or a substantial landholding with future potential, opportunities of this calibre are exceptionally rare.
Combining character, lifestyle, versatility & income in one remarkable coastal package, 37 Corfu Street is far more than a home - it is a lifestyle opportunity waiting to be embraced.
Secure your own piece of Falcon's coastal charm & discover the endless possibilities that await by calling Chris on 0404 048 880 and Michael on 0417 927 159 today!
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Added 17 June, 2026
Property ID: #L41182043