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Investor Alert 8% YIELD with Long Secure Government Lease
What are you as an investor looking for in an investment property? This might just fit the criteria!
• Secure Rental Lease? - Government (GROH) until November 2022
• 3 year extension option) until November 2025
• Low Maintenance? - well maintained brick home
• Resale options – appeal to investors and homeowners
• Yield – weekly rent $580.00 from 6th December.
As the property is in a secure lease until November 2022, you will receive rental income even if no one resides at the property, meaning you will get approx.. $30,242.86 gross rental income a year.
The small gated complex features 4 buildings and all other properties have been with the same owner long-term.
Your future investment offers:
• 4 Bedrooms with either walk in or build in robes
• 2 Bathrooms
• 2 Living areas
• Plus dining area
• Large laundry with plenty of storage
• Walk in linen/storage
• Front windows have roller shutters
• Built in 2005
Outside you have a double carport with shopper’s entrance to the kitchen. The low maintenance garden has lush lawn and a garden shed.
Located within a short drive to the CBD making it a popular choice for tenants now and in future.
If you are interested, viewing is possible via a private arrangement – video viewing also available.
Contact Iris Haynes on 0420 471 461, if you want to inspect, 4x2 brick homes are very much in demand.
Council rates $2,741.49pa
Water rates $260.00pa
Strata fees $582.60 per quarter including sinking fund
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 3/16 Oberthur Street, South Kalgoorlie is a four bedroom, two bathroom house sold by Iris Haynes at John Matthew & Sons on 14 Feb 2022.
Looking to buy a similar property in the area? View other four bedroom properties for sale in South Kalgoorlie or see other recently sold properties in South Kalgoorlie.
Nearby schools
South Kalgoorlie overview
Are you interested in buying, renting or investing in South Kalgoorlie? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle South Kalgoorlie 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.
South Kalgoorlie quick stats
High end
$420k
Median
$359k
Low end
$289k
This listing
13.5 %
Annual growth
$359k
Annual median sales price
$585pw
Annual median rental price
