16/35 Premier Street

Hannans WA 6430

273 m²

Townhouse

Currently for sale - view listing

Overview

Government Tenant Since 2020 – Leased Until August 2030!

Looking for an investment with an established government tenant and a long-term lease already in place? This three-bedroom, two-bathroom townhouse deserves your attention. Email to receive a video walkthrough to see how well presented the property is! Returning $800 per week, with a Housing Authority lease until 28 August 2030. The same tenant has been in place since 2020, providing a strong history of continued tenancy. Positioned in a gated community with a shared swimming pool and close to Spudshed Shopping Centre, it brings together practical living, everyday convenience and an appealing investment opportunity. Inside Features • Two-storey townhouse with three bedrooms • Built-in robes • Two bathrooms, including an ensuite with a corner bath • 3 toilets – 1 downstairs, 2 upstairs • Open-plan kitchen, dining and living area • Kitchen with gas cooktop, under bench oven and breakfast bar • Evaporative air-conditioning • Separate laundry • September 2026 routine inspection recorded no maintenance required at that time Outside Features • Double carport • Covered patio for outdoor entertaining • Enclosed backyard with lawn and garden beds • Garden shed • Gated complex with shared below-ground swimming pool • Convenient location close to Spudshed Shopping Centre Investor Snapshot • Government tenant: The Housing Authority • Same tenant since 2020 • Current lease: 29 August 2025 to 28 August 2030 • Current rent: $800 per week • Annual rental income: $41,600 • Next rent review August 2027 Strata Costs and Benefits • Administration fund: $975 per quarter • Reserve fund: $243.75 per quarter • Total strata levies: $1,218.75 per quarter — $4,875 per year The strata budget provides for: • Building insurance • Shared swimming pool maintenance • Common area lawns and gardening • Electric gate maintenance • Gutter cleaning and shared property repairs • Electrical, plumbing and drainage work within the strata’s responsibilities • Common property electricity and water usage • Professional strata management • Reserve fund contributions towards future capital works For investors, this means the shared facilities and common property upkeep are coordinated through the strata, with costs shared across the owners. Your tenant enjoys access to a pool without you having to organise its ongoing maintenance yourself. With an established government tenancy, a lease extending to 2030 and convenient Hannans living, this townhouse is well worth adding to your investment shortlist. Rates: $3,372.13 (2026/2026) Water Connection cost: $300 (2026/2027) For more information please connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder on 0420 471 461.