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5 George Street, Bunbury WA 6230

Sold price: $742,500 Sold: 31 Jul 2024
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • Landsize 713m2
House
5 George Street, Bunbury WA 6230

Double Income Investment Opportunity

Here is a fantastic investment opportunity located just minutes from the CBD and all the amenities of South Bunbury at your doorstep. The incredibly well-presented home has been beautifully restored with high ceilings and original timber-clad walls 2 huge bedrooms with WIR in the master bedroom and split system AC. The lounge area is cosy with an abundance of natural light to fill the space during the day, with a separate dining room of a very similar size and nature, leading into the fully renovated kitchen with 900mm oven, and tasteful and simple decor, with excellent storage space. The bathroom has also been renovated and in keeping with the heritage style, is immaculate in presentation. There is a huge shed at the rear of approximately 250m2 that is currently leased to a local company for over $2400 per month and due to increase soon with a rent review. Combining this with the rental potential of the house of a conservative $400 per week in the current market ($450 would be easily achievable) will give you a rental income of almost $50,000 per annum. The property also has solar panels, which makes your power bills negligible. This property is a blue chip investment and location, with excellent returns, be quick because properties like this are not common that can provide dual income options. Contact Exclusive Agent Jason Gard for more details and to arrange a personal inspection today.

Property snapshot by reiwa.com

This property at 5 George Street, Bunbury is a two bedroom, one bathroom house sold by Jason Gard at Gard Real Estate on 31 Jul 2024.

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

Nearby schools

0.4km
Bunbury Primary School
  • Primary
  • Government
0.9km
Disclaimer

Bunbury overview

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

To provide an understanding of the kind of lifestyle Bunbury offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

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Bunbury quick stats

High end $1.0m
Median $755k
Low end $545k
This listing
14.4 %
Annual growth
$755k
Annual median sales price
$665pw
Annual median rental price

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FAQ's

The median house price in Bunbury is $755,000, the median unit price is $430,000.

5 George Street, Bunbury is a 2 bedroom, 1 bathroom house.

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