Added 11 days ago
2 French Court, Nickol WA 6714
Set Date Sale, offers close at 2pm 23rd August
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12 Bedrooms
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12 Bathrooms
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12 Cars
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Landsize 2,908m2
Unit
- Open Sat 17 Aug, 10:20 AM to 10:50 AM
- Open Sat 24 Aug, 9:00 AM to 9:30 AM
- Open Sat 31 Aug, 9:00 AM to 9:30 AM
Added 11 days ago
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Invest now with the future in mind!
To be sold by Set Date Sale, with offers closing at 2pm on 3 September, 2024.
Price guide mid -to high 1 million.
What to love?
Could this be your retirement fund? Come along to 2 French Court, a unique investment opportunity set on a sprawling 2908m² parcel of land.
This remarkable property comprises three duplexes, totaling six units, perfectly blending income potential and long-term asset growth.
Property Highlights:
• Units Overview: Of the six units, three are currently vacant, one is leased until 15 January 2025, and two are on periodic leases, each generating $610 per week. A current rental appraisal estimates that upon re-leasing, potential income could be $700 each per week.
• Interior Features: Each unit features tiled living areas with open-plan living and dining spaces that extend to the outdoors through ranch sliders.
The semi-separate galley-style kitchens are equipped with stainless steel sink benches, free-standing electric cookers with rangehoods, timber veneer cabinetry, a pantry, and a fridge space.
• Bedrooms and Bathrooms: The two generously sized bedrooms in each unit are carpeted and come with built-in robes. The bathrooms are well-appointed with vanities, toilets, and showers over baths.
• Exterior Amenities: Each brick unit boasts its own patio, storeroom, and double carport, providing plenty of parking space and convenience for tenants and visitors alike.
• Energy Efficiency: With solar water heating, tenants can enjoy reduced power bills, making the units even more attractive.
2 French Court offers the best of both worlds: a steady income stream now and a valuable asset for your future. Don’t miss out on this golden opportunity to secure a solid investment with immense potential. Make your offer now and take a step towards securing your financial future with this exceptional property.
What to know?
Block size: 2908m2
Council rates: $13,000.00 approx
Water Rates:
2A French Ct - $905.10
2B French Ct - $890.81
4A French Ct - $897.96
4B French Ct - $905.10
6A French Ct - $905.10
6B French Ct - $905.10
Current estimate of rental income $700/unit/week, total annual income potential of $218,400p.a.
Set Date Sale, offers close at 2pm on 3 September,2024.
Who to talk to?
For more information about the property and the Set Date Sale process, contact Dylan Rakich on 0497 083 254.
Property features
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Carports
12
Property snapshot by reiwa.com
This property at 2 French Court, Nickol is a twelve bedroom, twelve bathroom unit listed for sale by Dylan Rakich at Realmark - Karratha.
For more information about Nickol, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Nickol profile page.
If you would like to get in touch with Dylan Rakich regarding 2 French Court, Nickol, please call 0497 083 254 or contact the agent via email.
Cost breakdown
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Council rates: $13,000 / year
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Nickol overview
Are you interested in buying, renting or investing in Nickol? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Nickol 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.
Nickol quick stats
High end
$675k
Median
$562k
Low end
$483k
-1.0 %
Annual growth
$562k
Annual median sales price
$1,100pw
Annual median rental price
