1/10 Great Eastern Hwy

Somerville WA 6430

237 m²

Unit

Currently for sale - view listing

Overview

Set & Forget Investment in a Secure Complex

The Kalgoorlie rental market continues to surge, with vacancy rates sitting below 1%, making well-located, low-maintenance investments highly sought after. This neat and tidy 2 bedroom, 1 bathroom unit in popular Somerville presents an outstanding opportunity for investors seeking reliable returns with minimal fuss. Currently leased to the Housing Authority at $580 per week until October 2027, this property offers secure, long-term income from day one. Inside, the unit presents fresh and inviting with new paint and brand new carpet to both spacious bedrooms, each complete with built-in robes. Timber-look vinyl flooring features in the high traffic areas, providing a durable and practical finish. The kitchen is in excellent condition for the age of the property and overlooks a generous open plan living and dining area, creating a functional layout for everyday living. The bathroom is well maintained and continues the neat presentation throughout the home. Comfort is assured year-round with two split system air conditioning units, one servicing the main living area and the other the master bedroom. Step outside and you’ll find a flat roof patio entertaining area along with a surprisingly large yard, offering more outdoor space than many comparable units. Set within a secure gated complex, residents also enjoy access to a below ground swimming pool, adding further appeal for tenants. With strong rental returns, long-term government tenancy and a location in one of Kalgoorlie’s most popular suburbs, this property represents a true “set and forget” investment opportunity. Dot Points: • 2 bedroom, 1 bathroom unit • Both bedrooms with built-in robes and new carpet • Freshly painted throughout • Timber look vinyl flooring to living areas • Well-maintained kitchen overlooking living/dining space • Two split system air conditioners • Flat roof patio entertaining area • Surprisingly large yard • Secure gated complex with below ground pool • Leased to Housing Authority at $580 per week until October 2027 • Block size: 237m2 • Council rates: $2351.73 • Strata Fees: $1,125.75 pq • Water rates