Reiwa Reiwa
14 King Street, Wonthella WA 6530

14 King Street, Wonthella WA 6530

Sold price: $680,000
Sold
Sold: 11 Feb 2022

9 Bedrooms

6 Bathrooms

6 Cars

Landsize 2,848m2

Villa

Contact the agent

Professionals Geraldton


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

  • Carports 6
  • Toilets 6

Cost breakdown

  • Council rates: $6,920 / year
  • Water rates: $793 / year

Nearby schools

Geraldton Flexible Learning Centre Secondary Non-government 0.4km
Allendale Primary School Primary Government 0.5km
Geraldton Grammar School Combined Non-government 0.8km
St Francis Xavier Primary School Primary Non-government 1.2km
Rangeway Primary School Primary Government 1.3km
Nagle Catholic College Secondary Non-government 1.6km
St John's School Primary Non-government 1.7km
Geraldton Senior High School Secondary Government 1.7km
Geraldton Primary School Primary Government 1.8km
Holland Street School Combined Specialist 1.9km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4541319