2/269 Forrest St

Kalgoorlie WA 6430

116 m²

253 m²

Unit

Currently for sale - view listing

Overview

Freestanding Investment with GROH Lease

Investors searching for a secure rental return with a government-backed tenancy should take a closer look at this freestanding unit. Currently leased to GROH at $750 per week until 8 April 2027, the property offers immediate rental income from settlement. With no strata fees (in a small strata complex) to pay, this is a straightforward investment opportunity in a convenient central Kalgoorlie location. Inside Features • Three bedrooms with built in robes or walk in robes • Main bedroom with private ensuite • Family bathroom with shower and bathtub • Open-plan kitchen, dining and living area • Practical kitchen with gas cooktop, electric oven and good storage • Separate laundry and storage area • Neutral colours throughout (repainted in 2024) • Ducted evaporative air conditioning • Functional, low-maintenance layout Outside Features • Freestanding only the carport is connected (small strata complex) • Approximately 253m² strata lot - floorplan is 116m2 approx. • Brick and Iron construction - built in 2012 • Covered outdoor entertaining area • Enclosed, low-maintenance yard • Established lawn area • Garden shed • Double Carport • Good fencing all around Investor Snapshot • Current rent: $750 per week • GROH lease until 8 April 2027 • Annual rental income: $39,000 • Approximate gross rental yield: 6.85% • Government-backed tenancy • No immediate maintenance requirements were recorded in the April 2026 routine inspection • Tenant reported as maintaining the property to a satisfactory standard Outgoings • Council rates: $3,137.72 per annum for 2026/27 • Water service connection fee: Approximately $300 per annum • Strata fees: Nil To arrange a viewing please connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder on 0420 471 461. Note: The photos (vacant property) are from 2024 - new photos with current tenant items are coming soon.