Sold
14/28 Coolibah Drive, Kununurra WA 6743
Sold price: $237,000
Sold: 25 Nov 2024
Sold
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2 Bedrooms
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1 Bathroom
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Landsize 90m2
Unit
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Easy Care investment - great return!
Act quickly to secure this charming 2-bedroom, 1-bathroom unit in the highly sought-after Coolibah Court Complex. Ideally located opposite the hospital and within walking distance to the town centre, local pub, cafes, and restaurants, this unit offers unparalleled convenience. The complex is popular among corporate, government, and private tenants due to its prime location and low-maintenance living.
Inside, you'll find a comfortable lounge/dining area, a functional kitchen, a spacious combined bathroom/laundry, built-in robes, and a generously sized rear courtyard. The original carpet and tiles have been updated with stylish timber-look vinyl flooring.
Currently leased to a private tenant since 2019, the unit generates $430 per week, with the lease set to expire in July. This presents an opportunity to renegotiate the rent, with recent rentals in the complex averaging around $475 per week. Don't miss this opportunity to invest in a property with strong rental potential and excellent location.
Property snapshot by reiwa.com
This property at 14/28 Coolibah Drive, Kununurra is a two bedroom, one bathroom unit sold by Brad Williams and Sarah Williams at Kimberley First National Real Estate on 25 Nov 2024.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Kununurra or see other recently sold properties in Kununurra.
Nearby schools
Kununurra overview
The townsite of Kununurra is located in the Kimberley region in the extreme northeast of the state, 3214 kilometres from Perth. When the Ord River Irrigation scheme was being planned in the 1950s a townsite was included in the proposed development. Amongst other submissions of Aboriginal names put forward for the new townsite being created in the vicinity of the Ord River Dam was "Cununurra", said to mean "black soil" and to be the Aboriginal name for the Ord River according to Mary Durack. A Mr. Lewis of the Public Works Department reported that a soil survey undertaken in 1954 had disclosed that 99 per cent of the land to be irrigated from the dam was composed of "cununurra clay". This name was not favoured by the Postmaster-General's Department because of its similarity to place names in Queensland, New South Wales and South Australia. However, to compromise, that department suggested adopting the spelling, "Kununurra", this version being approved in March 1960. The townsite was gazetted in 1961.
Kununurra quick stats
High end
$643k
Median
$518k
Low end
$380k
19.0 %
Annual growth
$518k
Annual median sales price
$880pw
Annual median rental price
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