Sold
25 Zamia Link, Kununurra WA 6743
Sold price: $465,000
Sold: 11 Jan 2024
Sold
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4 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 563m2
House
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Investors - Returning $850pw from December!
Investors ! Take a look at this four bedroom, two bathroom home situated in Lakeside, currently under a GROH lease returning $820 per week, with a rent increase in December to $850pw! The home has a unique layout comprising of two pods, separated by a spacious outdoor entertainment area/breezeway providing 2 completely separate living spaces, so co -tenants can enjoy their own space and privacy. One side offers a living area, main kitchen, two bedrooms and bathroom/laundry, the second pod offers a living area, kitchenette, two bedrooms and one bathroom. The lease to GROH has been renewed for 2 years until December 2025, however the property is suited to a number of options in the future and would appeal to:
- Corporate Tenants looking for staff accommodation for individuals, ideal property to house co-workers in one property but providing separate living spaces for them
- Private Tenants /share house eg 2 couples
- Opportunity in the future for a home owner to live in one side and lease out the other
This home offers the perfect solution for a variety of tenant mixes, and in the town of Kununurra where approximately 65% of home occupiers are renters, here is an opportunity to invest in a property and make the most of the strong rental market!
(We have included some file photos of property when vacant, photo 15 onwards)
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 25 Zamia Link, Kununurra is a four bedroom, two bathroom house sold by Sarah Williams at Kimberley First National Real Estate on 11 Jan 2024.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Kununurra or see other recently sold properties in Kununurra.
Nearby schools
Kununurra overview
The townsite of Kununurra is located in the Kimberley region in the extreme northeast of the state, 3214 kilometres from Perth. When the Ord River Irrigation scheme was being planned in the 1950s a townsite was included in the proposed development. Amongst other submissions of Aboriginal names put forward for the new townsite being created in the vicinity of the Ord River Dam was "Cununurra", said to mean "black soil" and to be the Aboriginal name for the Ord River according to Mary Durack. A Mr. Lewis of the Public Works Department reported that a soil survey undertaken in 1954 had disclosed that 99 per cent of the land to be irrigated from the dam was composed of "cununurra clay". This name was not favoured by the Postmaster-General's Department because of its similarity to place names in Queensland, New South Wales and South Australia. However, to compromise, that department suggested adopting the spelling, "Kununurra", this version being approved in March 1960. The townsite was gazetted in 1961.
Kununurra quick stats
High end
$579k
Median
$440k
Low end
$350k
4.8 %
Annual growth
$440k
Annual median sales price
$625pw
Annual median rental price
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