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46/406 Hay Street, Somerville WA 6430

Sold price: $335,000 Sold: 06 Dec 2024
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Car
  • Landsize 189m2
House
46/406 Hay Street, Somerville WA 6430

Investment Opportunity with Great Return

Discover a solid investment in this contemporary 2-bedroom, 2-bathroom unit, situated within a secure, gated complex. Perfect for investors seeking a low-maintenance property with stable returns, this unit comes with the added advantage of a long-term Government Regional Officers' Housing (GROH) lease, guaranteeing rental income of $550 per week, increasing to $580.00 per week on 6/2/28 until February 2028.
Conveniently located near public transport and boasting an array of modern features, this property is a must-see for any savvy investor.
Property Features:
• 2 Spacious Bedrooms with built-in robes, providing ample storage space
• 2 Modern Bathrooms designed for comfort and convenience
• Open-Plan Kitchen and Living Area that perfectly suits a relaxed, modern lifestyle
• Natural Gas Supply, offering efficient and cost-effective utility options
• Gas Cooking & Gas Hot Water System for reliable, budget-friendly living
• Evaporative Air Conditioning to keep the unit cool during the warmer months
• Undercover Carpark, providing secure, protected parking
• Gated Complex for added security and peace of mind
Investment Highlights:
• Rental income of $550 per week until 6/2/25 increasing to $580.00 per week until 6/2/28
• Built in 2012,
• Strata Levies: $466.40 per quarter
• Council Rates: Approx. $2650.00 per annum
• Water Rates: Approx. $300 per annum
This is an exceptional opportunity to secure a hassle-free investment with guaranteed returns. Don't miss your chance to add this reliable property to your portfolio.
For more information or to arrange a viewing, contact Carolyn Brown at 0407 540 341 or email at [email protected].

Property features

  • Carports 1
  • Toilets 1

Property snapshot by reiwa.com

This property at 46/406 Hay Street, Somerville is a two bedroom, two bathroom house sold by Carolyn Brown at Elite Choice Real Estate on 06 Dec 2024.

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 $719k
Median $570k
Low end $452k
This listing
15.3 %
Annual growth
$570k
Annual median sales price
$685pw
Annual median rental price

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FAQ's

The median house price in Somerville is $570,000, the median unit price is $302,500.

46/406 Hay Street, Somerville sold on 6/12/2024 for $335,000.
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