Sold
Units 8-13/168 Hector Street, Osborne Park WA 6017
Sold price: $1,200,000
Sold: 27 Jul 2022
Sold
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1 Bedroom
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1 Bathroom
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1 Car
House
View
GREAT INVESTMENT - SELLING ALL 6 UNITS - GREAT RENTAL RETURNS
The time has come for the original owner to sell what he created over 40 years ago. On offer is 6 x one bedroom units at the rear of the complex at 168 Hector St, Osborne Park.
We are selling all six units as one lot and are seeking expressions of interest for offers over $1.2M. Currently all units are leased except for unit 9 which was recently renovated and is vacant for the purpose of taking prospective buyers/investors through.
Units for sale are 8,9,10,11,12,13. There are two ground level units and four above accessed by two external staircases.
Current rents are:
Unit 8 - $300 per week
Unit 9 - renovated and currently vacant for inspections - $350 per week achievable
Unit 10 - $320 per week
Unit 11 - $320 per week
Unit 12 - $320 per week
Unit 13 - $280 per week
After costs this group is returning a yield of approx 6.5%
Features include:
- 10 minutes drive to the CBD.
- Walking distance to bus stop.
- New bristle tile roof installed 12 months ago.
- Each unit has its own internal laundry.
- Reverse cycle air conditioning.
- Extra large balcony in front of the upstairs units.
- External painting just completed to all the complex.
- Good maintenance procedures in place for the whole of the complex
- Each unit had a dedicated large undercover car bay large enough for two cars in tandem.
- 3 undercover visitor bays.
To view by appointment, contact Chris Jonker on 0403 309 597
Property features
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Carports
1
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Toilets
1
Property snapshot by reiwa.com
This property at Units 8-13/168 Hector Street, Osborne Park is a one bedroom, one bathroom house sold by Chris Jonker at Link 2 Realty on 27 Jul 2022.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Osborne Park or see other recently sold properties in Osborne Park.
Nearby schools
Osborne Park overview
The years following the Second World War saw the transformation of Osborne Park into the mixed-use residential, industrial and commercial suburb it is today. Part of the City of Stirling's municipality, Osborne Park has a land area of five square kilometres and a population exceeding 4,000 people.
Life in Osborne Park
The Osborne Park industrial area is a significant feature within the suburb, housing showrooms, retail outlets and business offices. The residential sectors of Osborne Park enjoy numerous small recreational parks, while Herdsman Lake is a large area of open space that attracts both locals and visitors.
Main Street is a beacon for lovers of multicultural cuisine with restaurants, cafés and shops lining the lively street. Also in the suburb are a number of recreational facilities such as gymnasiums and indoor sporting centres, and a local primary school.
Osborne Park quick stats
High end
$875k
Median
$629k
Low end
$575k
4.7 %
Annual growth
$629k
Annual median sales price
$625pw
Annual median rental price
