5/394 Hay Street, Somerville WA 6430

Long-Term GROH Lease With Low Strata Fees

Perfect investor stock, if you are looking for a buy and earn type of property, read on.

This modern unit built in 2014 is already leased with a long-term rental arrangement. The location is ideal as it is only 5 minutes drive to the CBD and close to sporting grounds and Ampol Service Station and Convenience Store. All you need to do is buy and start earning.

• 2 Bedrooms with double built in robes
• 2 Bathrooms (both ensuite)
• Well equipped kitchen overlooking the meals & living area
• Ducted air-conditioning
• Natural gas
• Low maintenance courtyard
• Entertaining patio
• Double car port
• Secure complex with remote gates

The important investors numbers:
• Currently rented at $420.00 per week until January 2025
• $21,900 per year rent
• Regular annual rent reviews
• Further 12 months option for lease to January 2026
• Strata fees $292.86 per quarter which includes $25.00 into the reserve fund
• Council rates $2,002.34pa
• Water rates $260.00pa

If you would like to start the ball rolling to purchase this investment option, contact Iris Haynes or Kayla Neve today.