29 Gatacre Drive, Somerville WA 6430

UNDER OFFER Executive Investment or Future Family Home – Corporate Lease in Place

UNDER OFFER A “one-off” design built with quality materials and high-end finishes throughout — this is the type of property that rarely comes to market.
Leased to a corporate tenant with strong income now, and the option to move in mid-2026.

Investment Snapshot

• Corporate tenant – since July 2023
• Lease expiry: July 2026
• Rent: approx. $1,300+ per week (~$67,600 p.a.)
• Approx. 7.8% gross yield at $865,000
• Rent review due July 2026
• High-quality tenant profile
• Strong holding income with future flexibility

The Home

• Built in 2017 – modern brick & iron construction
• 4 queen-sized bedrooms with robes
• Large walk-in robe and ensuite to master
• 3 bathrooms inside + 4th shower & toilet in shed
• Open plan living plus separate family and theatre room
• Stone benchtops throughout
• Modern kitchen with dishwasher
• Excellent storage throughout
• 193m² floor area (approx.)

Land

• 956m² block (approx.)
• Low-maintenance yard

Comfort & Lifestyle

• Evaporative air-conditioning plus split systems throughout
• Multiple living zones for families or executive living
• Low-maintenance yard
• Close to airport, schools, shops and recreational facilities

The Extras That Set It Apart

• Four car lock-up garage
• Approx. 70sqm powered shed – lined and insulated
• 956m² block – space and flexibility
• Quality build with a unique, standout design

Outgoings

• Council rates: $3,926.04 p.a. (2026/2027)
• Water connection: $300 p.a.

High-quality homes with corporate leases are tightly held. You get strong income today, a well-maintained modern build, and the flexibility to move in or re-lease in 2026. This is a rare combination of lifestyle and investment.

Secure This Opportunity

Contact Iris Haynes on 0420 471 461 for further details or to arrange your inspection.