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Modern Investment Property with Company lease who are wanting to renew lease
Most Investors love a brick house with an iron roof, as they are low maintenance. Here is your chance to secure a contemporary brick/veneer investment asset (only built in 2016).
Being only 8 years old, they are good benefits to receive ongoing deprecation (on paper tax deduction with a depreciation schedule)
Let's take a look at what's on offer:
• 3 bedrooms with inbuilt wardrobes
• 2 Bathrooms
• Main bedroom with walk in robe and ensuite
• Family bathroom with shower and bathtub
• Living area with high ceilings
• Modern Kitchen and dining area
• Split system air conditioner and ducted cooling
• Gas bayonets for heating
• Under cover patio
• Garden shed
• Rear lane access
• Single carport
Everything is well established and now company leased since April 2022, who is using it for staff accommodation. With low rental vacancy rate of 1.34 (July 2024) it will be beneficial for the company to keep this rental on their books.
The important Investor Information:
• Company Lease since 2022
• Current weekly rent is $600
• Current lease until April 2025
• Company employs a cleaner for the house
• Council Rates $2,478.75
• Water connection fee $285.00 pa
• No strata fee
• Company is looking to renew the lease again
The property is located within 5-10mins drive to both the central business districts of Kalgoorlie and Boulder a lively reginal town in Western Australia.
Connect with Iris Haynes to received further information about the lease as well as information about investing in Kalgoorlie-Boulder.
Property features
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Carports
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Property snapshot by reiwa.com
This property at 10B Dart Street, Boulder is a three bedroom, two bathroom house sold by Iris Haynes at John Matthew & Sons on 11 Aug 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Boulder or see other recently sold properties in Boulder.
Nearby schools
Boulder overview
Boulder is a suburb in the Western Australian Goldfields 595 kilometres (370 mi) east of Perth and bordering onto the town of Kalgoorlie in the Eastern Goldfields region. Prior to 1989 Boulder was a town, but it was merged with Kalgoorlie to form the City of Kalgoorlie-Boulder.
Life in Boulder
Boulder is described as a vibrant and exciting city with country feels, with historical buildings scattered throughout both Boulder and Kalgoorlie. Located a short drive to the facilities in Kalgoorlie, Boulder has its own sports arena, train station, local IGA store, numerous parks and a primary school.
Boulder quick stats
High end
$383k
Median
$293k
Low end
$248k
This listing
1.9 %
Annual growth
$293k
Annual median sales price
$550pw
Annual median rental price
