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7/406 Hay Street, Somerville WA 6430

Sold price: $335,000 Sold: 25 Sep 2024
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Car
  • Landsize 202m2
House
7/406 Hay Street, Somerville WA 6430

Investment Opportunity - Low Maintenance with Secure Lease

Discover a solid investment opportunity in this modern 2-bedroom unit, located in a secure, gated complex. Ideal for investors seeking a hassle-free property, this unit offers the stability of a long-term Government Regional Officers' Housing (GROH) lease, providing a guaranteed rental income until November 2025. With its low-maintenance appeal and convenient location near public transport, this property is a must-see.

Property Features:
• 2 Spacious Bedrooms with built-in robes, ensuring ample storage
• 2 Modern Bathrooms for added convenience and comfort
• Open-Plan Kitchen and Living Area, perfect for a relaxed, contemporary lifestyle
• Natural Gas Supply, offering efficient and cost-effective utility options
• Gas Cooking & Gas Hot Water System-a reliable and budget-friendly setup
• Evaporative Air Conditioning to keep the unit cool during warmer months
• Undercover Carpark for secure, protected parking
• Gated Complex provides additional security and peace of mind
• Long-Term GROH Lease in place until November 2025, generating $560.00 per week
• Built in 2012
• Strata Levies: $466.40 per quarter
• Council Rates: $2,232.00 approx. per annum
• Water Rates: $300.00 approx. per annum

This unit presents a fantastic opportunity for investors looking for steady, guaranteed rental income with minimal upkeep. Don't miss out on this reliable investment.
For more information or to arrange a viewing, contact Carolyn Brown at 0407 540 341 or [email protected].

Property features

  • Carports 1
  • Toilets 1

Property snapshot by reiwa.com

This property at 7/406 Hay Street, Somerville is a two bedroom, two bathroom house sold by Carolyn Brown at Elite Choice Real Estate on 25 Sep 2024.

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

Nearby schools

1.7km
Goldfields Baptist College
  • Combined
  • Non-government
1.9km
1.9km
O'Connor Primary School
  • Primary
  • Government
Disclaimer

Somerville overview

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

To provide an understanding of the kind of lifestyle Somerville 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. 

Somerville quick stats

High end $720k
Median $562k
Low end $455k
This listing
10.1 %
Annual growth
$562k
Annual median sales price
$725pw
Annual median rental price

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FAQ's

The median house price in Somerville is $561,500, the median unit price is $280,000.

7/406 Hay Street, Somerville is a 2 bedroom, 2 bathroom house.
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