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Low Maintenance Investment – RENTAL YIELD OVER 11% (Gross)
This property is just perfect ideal investor material. It has all the features that will make living for the tenants easy as it is partly furnished and centrally located.
• Brick unit
• 1 Good sized bedroom
• 1 Bathroom/ Laundry
• Open Plan Kitchen and living
• Evaporative Air-conditioning for cooling
• Off street parking
• Private courtyard
• 90m2 Block size (approx.)
• 44m2 Internal floor plan (approx.)
The following furniture are part of the sale:
• Dining table, Double Bed, 2-seater couch, small TV Cabinet, Microwave and Washing machine
The home is located in a neat but simple complex of 8 units with LOW YEARLY strata fee of $1,110.80 which pays for the building insurance and front yard gardening.
Currently leased as a company lease at $380.00 per week until January 2024, the tenant has expressed an interest to stay.
Other yearly cost for investors are:
• Council Rates $1,970.48 pa and
• Water connection rate: $270.00 pa
• Strata fees $1,110.80 pa
• Property management fees of around 10%. (furnished property)
The location is in Piccadilly close to parks and just a short drive to the hospital, shops and the central business district.
Call Iris Haynes on 0420 471 461 to arrange your inspection. Video inspections are available if you don’t live in Kalgoorlie-Boulder.
Council rates: $1,970.48 pa
Water rates: $270.00 pa
Property snapshot by reiwa.com
This property at 3/2 Wittenoom Street, Piccadilly is a one bedroom, one bathroom unit sold by Iris Haynes at John Matthew & Sons on 24 Aug 2023.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Piccadilly or see other recently sold properties in Piccadilly.
Nearby schools
Piccadilly overview
Are you interested in buying, renting or investing in Piccadilly? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Piccadilly 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.
Piccadilly quick stats
High end
$490k
Median
$390k
Low end
$333k
12.4 %
Annual growth
$390k
Annual median sales price
$650pw
Annual median rental price
