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6/270 Fourth Street, Wonthella WA 6530

Sold price: $183,000 Sold: 24 Apr 2024
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • Landsize 2,023m2
Unit
6/270 Fourth Street, Wonthella WA 6530

Investment opportunity Or Affordable Home!

Introducing Unit 6/270 Fourth St., a double-brick residence boasting 2 bedrooms and 1 bathroom. This property is a fantastic addition to your investment portfolio or an ideal first home if you're ready to break free from the rental cycle.

Nestled in the charming suburb of Wonthella, this unit offers convenience at your doorstep. Immerse yourself in the community as you're just a short walk away from schools, a bustling shopping center, vibrant sporting grounds, and the Aquareena public swimming pool.

The strategic location not only enhances your lifestyle but also adds significant value to your investment. In a market where rental vacancy rates remain at an all-time low, Unit 6/270 Fourth St. stands out with a rent appraisal of $280 per week. This impressive figure translates to a Gross Return on Investment (ROI) of 7.1%, a remarkable opportunity that you won't easily find elsewhere.

Furthermore, the property is currently occupied under a periodic lease, providing flexibility for both investors and potential owner-occupiers.

STRATA Levies: $1,997.04 per year
Council Rates: $1,960.00
Water Rates: $772.81

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Property features

Property snapshot by reiwa.com

This property at 6/270 Fourth Street, Wonthella is a two bedroom, one bathroom unit sold by Will McKenzie and Harrison King at Professionals Geraldton on 24 Apr 2024.

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

Cost breakdown

  • Council rates: $1,960 / year
  • Water rates: $772 / year

Nearby schools

0.9km
Allendale Primary School
  • Primary
  • Government
1.2km
Geraldton Grammar School
  • Combined
  • Non-government
1.4km
Geraldton Flexible Learning Centre
  • Secondary
  • Non-government
Disclaimer

Wonthella overview

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

To provide an understanding of the kind of lifestyle Wonthella 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. 

Wonthella quick stats

High end $410k
Median $361k
Low end $290k
This listing
12.8 %
Annual growth
$361k
Annual median sales price
$412pw
Annual median rental price

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FAQ's

6/270 Fourth Street, Wonthella is a 2 bedroom, 1 bathroom unit.

6/270 Fourth Street, Wonthella was sold by Will McKenzie and Harrison King at Professionals Geraldton.

You can contact the agent here.

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