Reiwa Reiwa
3/269 Forrest Street, Kalgoorlie WA 6430

3/269 Forrest Street, Kalgoorlie WA 6430

Sold price: $470,000
Sold
Sold: 07 Oct 2025

3 Bedrooms

2 Bathrooms

2 Cars

Landsize 264m2

House

Contact the agent

Iris Haynes

0420471461

John Matthew & Sons


UNDER OFFER -Turnkey Investment with Long-Term GROH Lease

UNDER OFFER - Positioned at the rear of a small complex, this modern 3-bed, 2-bath brick home delivers immediate income and peace of mind. It’s leased to Government Regional Officers’ Housing (GROH) until May 2028 - reliable returns secured by a government tenant.

Key Investment Facts

• Price: Offers from $425,000
• Current Rent: $720/week (˜ $37,440 p.a.)
• Gross Rental Yield: ˜ 8.8%
• Lease: GROH tenancy to May 2028
• Council Rates: $3,090.52 p.a.
• Water Rates: ˜ $300 p.a. (tenant pays usage)
• Strata: No strata fees

Property Features

• 3 generous bedrooms; main with walk-in robe
• 2 modern bathrooms
• Light-filled open-plan kitchen / living / dining
• Dishwasher included
• Double carport
• Built 2012
• 264 m² block (approx.)

Why Investors Will Love It

A true set-and-forget: contemporary finishes, low-maintenance design, no strata fees, and a premium government lease providing income continuity. With an ~8.8% gross yield, it’s a high-performing asset in the popular Kalgoorlie market.

For further details contact Iris Haynes on 0420 471 461.

Property features

  • Carports 2

Nearby schools

Kalgoorlie Primary School Primary Government 1.8km
Eastern Goldfields College Secondary Government 1.8km
North Kalgoorlie Primary School Primary Government 1.9km
St Mary's Primary School Primary Non-government 2.0km
South Kalgoorlie Primary School Primary Government 2.0km
John Paul College Secondary Non-government 2.2km
Goldfields Baptist College Combined Non-government 2.3km
Kalgoorlie-Boulder Community High School Secondary Government 2.4km
Eastern Goldfields Education Support Centre Secondary Specialist 2.4km
O'Connor Education Support Centre Primary Specialist 2.4km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4960259