Reiwa Reiwa
2/269 Forrest Street, Kalgoorlie WA 6430

2/269 Forrest Street, Kalgoorlie WA 6430

$569,000

New

3 Bedrooms

2 Bathrooms

2 Cars

Landsize 253m2

Unit

Contact the agent

Iris Haynes

0420471461

John Matthew & Sons


Freestanding Investment with GROH Lease

Investors searching for a secure rental return with a government-backed tenancy should take a closer look at this freestanding unit.
Currently leased to GROH at $750 per week until 8 April 2027, the property offers immediate rental income from settlement. With no strata fees (in a small strata complex) to pay, this is a straightforward investment opportunity in a convenient central Kalgoorlie location.
Inside Features

• Three bedrooms with built in robes or walk in robes
• Main bedroom with private ensuite
• Family bathroom with shower and bathtub
• Open-plan kitchen, dining and living area
• Practical kitchen with gas cooktop, electric oven and good storage
• Separate laundry and storage area
• Neutral colours throughout (repainted in 2024)
• Ducted evaporative air conditioning
• Functional, low-maintenance layout

Outside Features
• Freestanding only the carport is connected (small strata complex)
• Approximately 253m² strata lot - floorplan is 116m2 approx.
• Brick and Iron construction - built in 2012
• Covered outdoor entertaining area
• Enclosed, low-maintenance yard
• Established lawn area
• Garden shed
• Double Carport
• Good fencing all around

Investor Snapshot
• Current rent: $750 per week
• GROH lease until 8 April 2027
• Annual rental income: $39,000
• Approximate gross rental yield: 6.85%
• Government-backed tenancy
• No immediate maintenance requirements were recorded in the April 2026 routine inspection
• Tenant reported as maintaining the property to a satisfactory standard

Outgoings
• Council rates: $3,137.72 per annum for 2026/27
• Water service connection fee: Approximately $300 per annum
• Strata fees: Nil

To arrange a viewing please connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder on 0420 471 461.

Note: The photos (vacant property) are from 2024 - new photos with current tenant items are coming soon.

Property features

  • Carports 2

Nearby schools

Kalgoorlie Primary School Primary Government 1.8km
Eastern Goldfields College Secondary Government 1.8km
North Kalgoorlie Primary School Primary Government 1.9km
St Mary's Primary School Primary Non-government 2.0km
South Kalgoorlie Primary School Primary Government 2.0km
John Paul College Secondary Non-government 2.2km
Goldfields Baptist College Combined Non-government 2.3km
Kalgoorlie-Boulder Community High School Secondary Government 2.4km
Eastern Goldfields Education Support Centre Secondary Specialist 2.4km
O'Connor Education Support Centre Primary Specialist 2.4km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5062760