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Golden Opportunity – Move In Or Lease Out – Gross Rental Yield Above 9%
Invest or Nest in the Goldfields of Western- Australia.
We are currently having a high supply of job opportunities in our globally significant mining industry, supported by our vast mineral base of gold, nickel, lithium and iron ore.
However, we are having a tight supply of accommodation and slow restocking of new properties. With only 1-2% vacancy rate now is a great time to invest or buy your own place.
Here is an ideal option:
• 3-Bedroom brick and tile unit
• Updated kitchen
• Neat bathroom
• Updated flooring
• Lounge with high ceiling
• Laundry
• Fully enclosed yard
• Single carport
• Neat back yard
• Hardstand for trailer
• Own water meter onsite
Move in and pay yourself by paying off your own mortgage while working and living in Kalgoorlie-Boulder.
If you are looking to start or add to your investment portfolio, then below will be of interest to you:
• Currently leased at $450.00 per week
• Rates $1,932.17 per year
• Strata fees $2,510.60 per year
• Water connection rates 270.00 per year
The benefits of the strata fees are that it will pay for the building insurance and servicing the front garden and all common garden areas as well as some general repairs.
If you are thinking, that is for me get in contact with Iris Haynes 0420 471 461 to arrange a viewing in person or via video.
Council rates: $1,932.17 pa
Water rates: $270.00 pa
Property features
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Carports
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Property snapshot by reiwa.com
This property at 16/7 Britannia Place, South Kalgoorlie is a three bedroom, one bathroom unit sold by Iris Haynes at John Matthew & Sons on 09 Nov 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in South Kalgoorlie or see other recently sold properties in South Kalgoorlie.
Nearby schools
South Kalgoorlie overview
Are you interested in buying, renting or investing in South Kalgoorlie? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle South Kalgoorlie 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.
South Kalgoorlie quick stats
High end
$414k
Median
$360k
Low end
$275k
12.9 %
Annual growth
$360k
Annual median sales price
$550pw
Annual median rental price
