Sold > Woorree > 23 Ridley Road

23 Ridley Road
Woorree WA 6530

3
|
1
|
6
|
4,000m2
|
House
Listed price: Under Contract

Long Lease With 7-8% Net Return

23 Ridley Road, Woorree

23 Ridley Road is a unique opportunity to purchase a residential property with a very secure long term lease. The lease is with the Midwest Cat Shelter and is in place until 13th March 2026 with another 5-year option. Not only is this an attractive investment from a return point of view, but it is also great value for what is on offer if you ever decide to make it a home for yourself one day. The lease includes a substantial residence and the infrastructure that houses the Midwest Cat Shelter and Catopia (http://catopia.com.au/).

Property snapshot by reiwa.com

This property at 23 Ridley Road, Woorree is a three bedroom, one bathroom house sold by Team Van Tiel at Ray White Geraldton on 26 Jul 2021.

Property features

Below ground pool
 
Air conditioned
 
Garages
6
Toilets
2

Nearby schools

Strathalbyn Christian College
2.4km
Rangeway Primary School
3.8km
Allendale Primary School
4.0km
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Woorree quick stats

Low end
$423k
Median
$460k
High end
$515k
Annual growth
0.7 %
Median rent
N/A
Population
1,341

Get to know Woorree

Are you interested in buying, renting or investing in Woorree? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

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23 Ridley Road, Woorree WA 6530

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Property views
Listing number: 4457445

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