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A Home plus Investment Income
Comprising three stand-alone 3 Bedroom Two-bathroom homes all on one title. Plenty of room between each of the houses providing good privacy and security. Solidly built brick and iron homes with concrete driveways and colourbond fencing. Located on the western side of Brand Highway. These are modern well-maintained homes with a current neutral colour scheme. Easy-care reticulated lawns and gardens.
Well located;
650m approximately to Allendale Primary School.
950m approximately to Bunnings
1200m approximately to AJ Café and The Beach.
So many opportunities here. Live in one and receive rental income from the other two. Or one for mum and dad, one for the kids and one for the grandparents. For a company it may a way of securing accommodation for its workforce with a good rate of return.
For the investor.
14a Leased to 29/9/22 at $280PW
14b Leased to 27/5/22 at $260PW
14d Leased to 21/4/22 at $260PW
Totalling $41,600 PA income representing 5.5% gross return on the purchase price.
Set on 2848m2 of land. Zoned R30. Septic tank system in place.
Featuring
• Split reverse cycle A/C
• Carpets to bedrooms.
• Easy care flooring to the main living areas.
• Quality curtains.
• Reticulated gardens and lawns.
Property features
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Carports
6
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Toilets
6
Property snapshot by reiwa.com
This property at 14 King Street, Wonthella is a nine bedroom, six bathroom villa sold by Steve Marshall at Professionals Geraldton on 11 Feb 2022.
Looking to buy a similar property in the area? View other nine bedroom properties for sale in Wonthella or see other recently sold properties in Wonthella.
Cost breakdown
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Council rates: $6,920 / year
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Water rates: $793 / year
Nearby schools
Wonthella overview
Are you interested in buying, renting or investing in Wonthella? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Wonthella 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.
Wonthella quick stats
High end
$410k
Median
$361k
Low end
$290k
12.8 %
Annual growth
$361k
Annual median sales price
$412pw
Annual median rental price
