Reiwa Reiwa
40A Barding Loop, Kununurra WA 6743

40A Barding Loop, Kununurra WA 6743

Sold price: $665,000
Sold
Sold: 28 Mar 2024

4 Bedrooms

2 Bathrooms

1 Car

Landsize 547m2

House

Contact the agent

Brad Williams

0429194920

Sarah Williams

0419139375

Kimberley First National Real Estate


Govt Lease - Brad's Investor Pick for Feb 2026!!!

If you are looking for an investment property with a market leading return, a long govt lease and a solid rental history - look no further. This exec 4x2 home has been leased to WA Government since 2008 and has a current lease term until 2028.

Changes in circumstances mean the owner must sell, and offers are invited for a limited time.

The opportunity offers an impressive return with the current rent of $1100 per week. Similar properties have been selling last 6 months at between 7.5% and 8.5% ROI, or $600,000 to $660,000. Accordingly, we expect this to sell well above $600,000.

The home has been professionally managed since new, is well maintained and in good condition with recent upgrades including new security doors and a new oven within the last 12 months.

Tiled throughout with split-system air conditioning and ceiling fans for comfort in the Kimberley climate, the home features neutral tones, modern finishes, and a practical layout with a spacious open-plan living area, well-appointed kitchen, and covered outdoor entertainment area, all of which support its ongoing viability as a solid residential investment.

Offers are invited for a limited time, so express your interest today.

Property features

  • Carports 1

Nearby schools

East Kimberley College Combined Government 2.4km
St Joseph's School Primary Non-government 2.5km
Alta-1 Kimberley College Secondary Non-government 6.5km
St Joseph's School Primary Non-government 74.6km
Wyndham District High School Combined Government 74.7km
Dawul Remote Community School Primary Government 78.7km
Jungdranung Remote Community School Combined Government 93.5km
Ngalangangpum School Combined Non-government 149.4km
Purnululu Aboriginal Independent Community School Combined Non-government 181.2km
Kalumburu Remote Community School Combined Government 280.1km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4999370