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34/406 Hay Street, Somerville WA 6430

Sold price: $282,000 Sold: 16 Mar 2022
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Car
  • Landsize 189m2
Unit
34/406 Hay Street, Somerville WA 6430

Modern 2 Bedroom Unit- Secure Investment- Long Lease.

All that a property investor is looking for is on offer at this brick unit. Vibrant Kalgoorlie-Boulder is sizzling with rising property prices and a tight rental market.

A long-term lease until June 2024 with Government Regional Officers’ Housing (GROH) is in place. Tenants might be teachers, police officer or admin staff. There is also an extra year option to extend the lease until June 2025. Current weekly rent is $368.99 but with regular 6 monthly rent review in place the expected weekly rent from May 2022 is $400 per week.

The unit is fresh to the market & offers:
• 2 Bedrooms with built in robes
• 2 Bathrooms (both with ensuite)
• Open plan living
• Modern kitchen with stainless steel appliances
• Natural (mains) gas connected for cooking and heating
• Ducted air cooling
• Private patio
• Storage shed
• Single carport

Located in a popular secure gated complex with low Strata Fees of $1012.20 per year, the fees also covers the cost of the building insurance.

If you are thinking long-term investment with good cashflow, you best get in contact with Iris Haynes to discuss the options of inspections and purchase.

Council rates $2,226.09pa
Water rates $260.00pa
Strata fees $253.05pqtr

Property features

  • Carports 1

Property snapshot by reiwa.com

This property at 34/406 Hay Street, Somerville is a two bedroom, two bathroom unit sold by Iris Haynes at John Matthew & Sons on 16 Mar 2022.

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

Nearby schools

1.7km
Goldfields Baptist College
  • Combined
  • Non-government
1.9km
1.9km
O'Connor Primary School
  • Primary
  • Government
Disclaimer

Somerville overview

Are you interested in buying, renting or investing in Somerville? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Somerville 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. 

Somerville quick stats

High end $692k
Median $495k
Low end $395k
This listing
0.9 %
Annual growth
$495k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

The median house price in Somerville is $494,500, the median unit price is $279,000.

34/406 Hay Street, Somerville was sold by Iris Haynes at John Matthew & Sons.

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