Excellent opportunity to own a complex of 6 x 2 bedroom, 1 bathroom villas. 4 x villas have been updated to a very high standard and boast new kitchens, bathrooms, floors, and paint. They are air-conditioned and have gas hot water and cooking. All villas have a carport. The villas collectively are rented for $1,140 per week. The complex is currently fully tenanted and demand is high for rentals. The villas are on one title on a 3,224m2 corner lot.
At these figures of $59,280 per annum rent on the list price of $580,000, you are looking at a gross rent return of approximately 10.22% (based on current returns only). An excellent opportunity exists to secure these at a realistic price.
• Water rates - $6,300 (approx)
• Council rates - $9,500 (approx)
• Not Strata titled
• Zoned R30
For more information please call Adele Surtees on 0409 641 674.
This property at 11 Kenny Crescent, Rangeway is a twelve bedroom, six bathroom villa sold by Adele Surtees at Ray White Geraldton Dongra on 03 Jun 2022.
Looking to buy a similar property in the area? View other twelve bedroom properties for sale in Rangeway or see other recently sold properties in Rangeway.
Are you interested in buying, renting or investing in Rangeway? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Rangeway offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.