It's located on Mounts Bay Road and does not have direct parking but there's a small public parking area just a short 5-10 mins walk along the road, although it has very limited spots. Alternatively, you can get there by public transport which is located at a close proximity to the house.
There really isn't anything to do around the area except maybe take a walk to kings park and take a gazillion pictures of the house. It was a pretty funny experience when I went with my family as we had to queue for 20 minutes to take a picture in front of the house and our memory card got full after just one picture and we held the line for a solid 5 minutes since I had to run and get another one while they pretended to take selfies on the phone.
The house has a magnificent view and is a must visit destination for all you instagram lovers. Do expect to wait quite a bit for your turn tho as there are a lot of tourists that take a million photos in all the different poses you can imagine.
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♥ Jess