8 Coral Close, Kununurra WA 6743
$485,000
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4 Bedrooms
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2 Bathrooms
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1 Car
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Landsize 797m2
House
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Investors - GROH LEASE returning $800pw!
Discover a charming and well-situated 4-bedroom, 2-bathroom home, perfect for investors or occupiers looking for a promising addition to their property portfolio or a place to call home. Located in Lakeside, this residence boasts a generous 797 square metres of land, offering ample space and flexibility to suit your needs.
Upon entering the property, you will be greeted by a spacious open plan living area. The home is tiled and air conditioned throughout to suit the Kimberley climate. The master bedroom features a convenient ensuite, with a newly tiled shower recess, new toilet and vanity basin. The large vanity offers plenty of storage space, there is a second main bathroom serving the other three bedrooms offering a shower recess, vanity and bath. The owners have carried out some recent works in addition to the ensuite including some internal painting to walls and skirtings and other maintenance items. A fully drilled termite barrier was also completed in July 2023.
Stepping outside, you will find a large undercover entertainment area, with enough space to create a dining and lounge zone, perfect for hosting friends and family while enjoying the picturesque and well-established lawns and gardens. The sizeable block also allows for rear access, providing additional convenience and versatility.
The property is currently under a Government lease, recently renewed to April 2025 and has been continuously leased since 1996, the rent has been reviewed to $800 per week.
Though the house has been well-maintained by the current owners, there is potential for the new buyer to carry out refurbishments and create a more modern aesthetic. This unique opportunity allows future occupiers to secure a 4 x 2 at a reasonable price, whilst hopefully leaving funds available to refurbish the property to their own taste and style.
Don't miss out on this fantastic property offering both excellent investment potential or the chance to create a modern and spacious home to call your own!
Property features
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Carports
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Property snapshot by reiwa.com
This property at 8 Coral Close, Kununurra is a four bedroom, two bathroom house listed for sale by Sarah Williams and Brad Williams at Kimberley First National Real Estate.
For more information about Kununurra, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Kununurra profile page.
If you would like to get in touch with Sarah Williams or Brad Williams regarding 8 Coral Close, Kununurra, please call Sarah on 0419 139 375 or call Brad on 0429 194 920, or contact the agent via email.
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Kununurra overview
The townsite of Kununurra is located in the Kimberley region in the extreme northeast of the state, 3214 kilometres from Perth. When the Ord River Irrigation scheme was being planned in the 1950s a townsite was included in the proposed development. Amongst other submissions of Aboriginal names put forward for the new townsite being created in the vicinity of the Ord River Dam was "Cununurra", said to mean "black soil" and to be the Aboriginal name for the Ord River according to Mary Durack. A Mr. Lewis of the Public Works Department reported that a soil survey undertaken in 1954 had disclosed that 99 per cent of the land to be irrigated from the dam was composed of "cununurra clay". This name was not favoured by the Postmaster-General's Department because of its similarity to place names in Queensland, New South Wales and South Australia. However, to compromise, that department suggested adopting the spelling, "Kununurra", this version being approved in March 1960. The townsite was gazetted in 1961.
Kununurra quick stats
High end
$586k
Median
$450k
Low end
$365k
6.5 %
Annual growth
$450k
Annual median sales price
$725pw
Annual median rental price
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