57 Hopkins Street, South Boulder WA 6432
EOI
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7 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 1,012m2
House
View
$2,200 Per Week Income – Secure Lease Until 2026 + Future Expansion
An exceptional high-yield investment opportunity offering dual income streams and opportunity for future expansion.
This fully renovated 7 bedroom, 2 bathroom property is currently achieving $2200 per week. The residence is leased to a company tenant at $2,000 per week until December 2026, providing strong and secure rental income. An additional $200 per week is achieved through a weekly storage rate of $200 per week bringing the total current return to $2,200 per week.
The property has been renovated from top to bottom and designed for comfortable accommodation living, with each bedroom fitted with split system air conditioning, TV, furniture and secure electronic keypad entry on each door.
The home also features:
• Modern open-plan kitchen with two ovens, two fridges, freezer & dishwasher
• Large communal dining area
• Two modern bathrooms
• Internal laundry with multiple washers and dryers
• Sparkling in-ground swimming pool with undercover entertaining area
• Two external entertaining areas attached to residence
Outside offers secure parking, caravan access including sewage tie in point, fully reticulated low-maintenance gardens and solar powered access gates for driveways at front and rear in addition to pin code entry on the pedestrian gate.
There is also opportunity for future expansion (STCA) with plans drawn up to expand the property into an 11 bedroom, 6 bathroom accommodation facility, unlocking significant additional rental potential and value.
Current Rental Income: $2,200 per week
Council Rates: Approx. $2,968 p/a
Opportunities like this are rare. For more information, please contact: Wanil Cho 0421737607
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 57 Hopkins Street, South Boulder is a seven bedroom, two bathroom house listed for sale by Wanil Cho at First National Real Estate Kalgoorlie.
For more information about South Boulder, including sales data, facts, growth rates, nearby transport and nearby shops, please view our South Boulder profile page.
If you would like to get in touch with Wanil Cho regarding 57 Hopkins Street, South Boulder, please call 0421 737 607 or contact the agent via email.
Cost breakdown
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Council rates: $2,968 / year
Nearby schools
South Boulder overview
The townsite of South Boulder is located in the eastern goldfields region, 595 kilometres east northeast of Perth. It is within the Kalgoorlie-Boulder urban area. Gold was discovered in this area in 1893, and the townsite of Boulder gazetted in 1896. As the area grew demand for land increased, and in 1898 the Ivanhoe Suburban Area was gazetted south of Boulder. In 1906 the Postmaster General's Department decided to establish a post office at Ivanhoe, but first requested the name be changed because of two established towns of this name in the eastern states. Local authorities suggested South Boulder as an alternative, and the South Boulder townsite was gazetted in August 1906. South Boulder derives its name from its location south of Boulder. Boulder in turn derives its name from a mine named "The Boulder" at Dashwoods Gully in South Australia.
South Boulder quick stats
High end
$410k
Median
$338k
Low end
$285k
19.9 %
Annual growth
$338k
Annual median sales price
$700pw
Annual median rental price
