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Turnkey Multi-Unit Complex For Sale
Why You’ll Love It:
Opportunities like this don’t come around often! This five-unit green titled complex in sought-after Mortimer Street, just a street back from the river, is a standout investment. Whether you’re looking to expand your portfolio, secure a lucrative holiday rental property, or embrace a new lifestyle venture, this property offers a rare blend of location, potential, and versatility.
Key Features:
- Front Duplex: Original-style charm with 2 bedrooms, 1 bathroom, and a private BBQ area on each side.
- Rear Units: Three brick, 2-bedroom units featuring open-plan kitchen/dining/lounge areas, with a second bedroom upstairs that comfortably sleeps four, making each unit perfect for accommodating up to 6 people.
- Fully furnished units sold walk-in, walk-out (W.I.W.O), ready to generate immediate income.
- Each unit boasts its own private BBQ area for entertaining.
Best Suited For:
This property is ideal for savvy investors seeking a high-yield opportunity in a prime location, those looking to capitalise on the lucrative holiday rental market, or buyers keen on a family-run accommodation business. Its proximity to the river adds to the appeal, ensuring it remains a drawcard for tenants and holidaymakers alike.
Don’t miss out—opportunities this unique don’t wait around!
Property features
Property snapshot by reiwa.com
This property at 32 Mortimer Street, Kalbarri is a ten bedroom, five bathroom unit sold by Paulette Contessi at Contessi Properties on 01 Feb 2025.
Looking to buy a similar property in the area? View other ten bedroom properties for sale in Kalbarri or see other recently sold properties in Kalbarri.
Cost breakdown
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Council rates: $6,506 / year
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Water rates: $6,511 / year
Nearby schools
Kalbarri overview
Kalbarri is a coastal resort and fishing town, 589 km north north west of Perth. It is located at the mouth of the Murchison River, the area becoming popular in the late 1940s as a tourist and fishing resort. In 1948 the government decided to declare a townsite here, and following the survey of lots the townsite was gazetted in 1951.
The name of Kalbarri was chosen from a list of Aboriginal words compiled by Daisy Bates in 1913. It is a man's name from a Murchison tribe, and also the name of an edible seed. The Aboriginal name for the area of Kalbarri has been recorded as "Wurdimarlu".
Kalbarri quick stats
High end
$765k
Median
$635k
Low end
$525k
30.9 %
Annual growth
$635k
Annual median sales price
$285pw
Annual median rental price
