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3 Morley Way, South Kalgoorlie WA 6430

Sold price: $586,000 Sold: 21 Nov 2022
Sold
  • 8 Bedrooms
  • 4 Bathrooms
  • Landsize 1,031m2
Apartment
3 Morley Way, South Kalgoorlie WA 6430

Investor Alert!!! 4 Units on One Title!

A rare opportunity has presented itself in the Kalgoorlie-Boulder market.

Quadraplex on a 1031sqm block, close to Schools & Education Support Centres. The four units have a strong rental history.

Each unit features:
• Open plan kitchen/living
• 2 Bedrooms
• 1 Bathroom
• Split system air-conditioning

Information for the investor:
• Unit 1, leased at $340.00 per week until 21/12/2023
• Unit 2, leased at $330.00 per week until 06/11/2023
• Unit 3, leased at $350.00 per week until 13/11/2023
• Unit 4, leased at $280.00 per week until 16/04/2024
• 1031sqm block
• Zoned R20
• Non-Strata

Neat and tidy with very low maintenance required, and no Strata fees. Four units on the one title.

All units are currently leased and provides a solid 10.8% return (approx.) making this a smart investment.

Contact Lorna Flanagan on 0406 567 148 for more information on this unique opportunity.

Council rates $6,027.50pa
Water rates $1,040pa (approx.)

Property snapshot by reiwa.com

This property at 3 Morley Way, South Kalgoorlie is a eight bedroom, four bathroom apartment sold by Lorna Flanagan at John Matthew & Sons on 21 Nov 2022.

Looking to buy a similar property in the area? View other eight bedroom properties for sale in South Kalgoorlie or see other recently sold properties in South Kalgoorlie.

Nearby schools

Disclaimer

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 $390k
Median $318k
Low end $270k
This listing
5.8 %
Annual growth
$318k
Annual median sales price
$550pw
Annual median rental price

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FAQ's

Property features are currently unavailable for this property.

The median house price in South Kalgoorlie is $317,500, the median unit price is $215,000.

The average number of selling days in South Kalgoorlie is 31 days.
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