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Low Mortgage Investment or Renovator
Finding a property below $200,000 is not an easy find these days, so read on as here is your chance.
On offer is a cottage home that is currently leased for $390 per week with long-term tenants. Currently on a month to month lease so you have the option to keep renting it out or move in.
The features:
• 3 bedrooms (2 with Split System Air Conditioner)
• 1 Living area with Split system Air Conditioner
• Kitchen/ dining (older style) with Split System Air Conditioner
• Tiled laundry
• Bathroom (older style and requires renovation)
• Paved private courtyard
• Carport for 2 cars
Located on a corner lot and within 5 to 10 mins driving distance to both Boulder and Kalgoorlie business centre.
The investor numbers for your reference:
• Current weekly rent $390
• Same tenants since 2020
• Council Rates: $1,980.28
• Water Connection Rate: $285.00
• No strata fee
• 10% Gross Rental Yield
Interested to jump at this opportunity? Connect with Iris Haynes to arrange a viewing.
NOTE: This property is SOLD AS IS. Any building or timber pest inspections have to be done before the contract is exchanged.
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 65 Davis Street, Boulder is a three bedroom, one bathroom house sold by Iris Haynes at John Matthew & Sons on 24 Jul 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Boulder or see other recently sold properties in Boulder.
Nearby schools
Boulder overview
Boulder is a suburb in the Western Australian Goldfields 595 kilometres (370 mi) east of Perth and bordering onto the town of Kalgoorlie in the Eastern Goldfields region. Prior to 1989 Boulder was a town, but it was merged with Kalgoorlie to form the City of Kalgoorlie-Boulder.
Life in Boulder
Boulder is described as a vibrant and exciting city with country feels, with historical buildings scattered throughout both Boulder and Kalgoorlie. Located a short drive to the facilities in Kalgoorlie, Boulder has its own sports arena, train station, local IGA store, numerous parks and a primary school.
Boulder quick stats
High end
$372k
Median
$295k
Low end
$250k
This listing
2.6 %
Annual growth
$295k
Annual median sales price
$550pw
Annual median rental price
