New
Added 1 day ago
3/37 Sylvester Street, Coolgardie WA 6429
$229,000
New
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 137m2
Unit
Added 1 day ago
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9.5% Approx. Return – No Strata Fees – Smart Investing!
Low maintenance, strong rental returns and NO strata fees! This neat and tidy 2-bedroom, 1-bathroom brick and iron unit in Coolgardie is an ideal addition to any investment portfolio. Currently leased at $400 per week until 18 February 2027, the property offers an approximate 9.5% gross rental return, with very little upkeep required. It's a straight forward, income-producing investment that makes owning property easy!
Property Features:
• 2 bedrooms, both with built-in robes
• 1 well-maintained bathroom
• Comfortable lounge room
• Functional kitchen with ample bench and cupboard space
• Dining area with access to the courtyard
• Ducted air conditioning throughout
• Durable brick and iron construction
• Easy-care flooring throughout the living areas
• Private, paved courtyard with minimal maintenance required
• Garden shed for additional storage
• Undercover carport
• NO STRATA FEES!
• Council rates: $2272.15
• Currently leased at $400 per week until 18/02/2027
• Approx. 9.5% gross rental return
With a tenant already in place, excellent rental yield potential and virtually no gardens to maintain, this property is all about keeping things simple while generating income.
Investors, don't miss this one! Contact Ella on 0458 496 215 for further information.
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 3/37 Sylvester Street, Coolgardie is a two bedroom, one bathroom unit listed for sale by Ella Pumpa at First National Real Estate Kalgoorlie.
For more information about Coolgardie, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Coolgardie profile page.
If you would like to get in touch with Ella Pumpa regarding 3/37 Sylvester Street, Coolgardie, please call 0458 496 215 or contact the agent via email.
Cost breakdown
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Council rates: $2,272 / year
Nearby schools
Coolgardie overview
Coolgardie is one of the major towns in the goldfields of Western Australia, and is located 510 kilometres east of Perth. Gold was discovered here by Bailey and Ford in 1892, and the townsite of Coolgardie was gazetted in 1893. At its peak in 1900 it had 23 hotels, three breweries, six banks, two stock exchanges and three daily and four weekly newspapers. The population then was 15,000, with 25,000 more in the area.
Coolgardie is an Aboriginal name of uncertain meaning. Different sources give it as meaning "a rockhole surrounded by mulga trees" ( the mulga tree is named "koolgoor"), from "coolgabbi" meaning a tree near a waterhole, or after the large Bungarra lizard, pronounced "Coorgardie"by the Aborigines. It is claimed that Warden John Finnerty was the first to record the name, having asked local Aborigines the name of the place. The name was difficult to spell, and what some claim is "Golgardi", was spelt by Finnerty as Coolgardie.
Coolgardie quick stats
High end
$335k
Median
$250k
Low end
$211k
25.0 %
Annual growth
$250k
Annual median sales price
$600pw
Annual median rental price
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