21B Osmetti Drive

Somerville WA 6430

780 m²

House

Currently for sale - view listing

Overview

Investor Opportunity – Company Lease - $900 per week

Looking to add a property to your investment portfolio with rental income already in place? This four-bedroom, two-bathroom home offers a company lease at $900 per week until April 2027, returning an approximate 7.49% gross rental yield at the listing price. The company has expressed a wish to stay and the rent can be increase to around $950 to $970 then. This home combines a practical layout with a generous approximately 780m² block, a shed and a large undercover patio. Inside Features • Four bedrooms • Main bedroom with ensuite • Main bathroom with separate bath and shower • Both showers renovated • Separate lounge room • Kitchen adjoining the dining area • Separate toilet • Dedicated laundry • Ducted air-conditioning, plus split systems to selected rooms • Approximately 149m² floor area Outside Features • Approximately 780m² block • Large undercover patio • Powered Shed with 2 roller doors for storage and projects • Single car space • Lawn areas and established palms • Brick exterior Investor Snapshot • Company lease to SMS Mining Services Pty Ltd • Current rent: $900 per week • Annual rental income: $46,800 • Lease in place until 29 April 2027 • Company has expressed a wish to stay beyond the current lease Incoming: • $900 per week rent (can be increased to $950 to $970 in April 2027) Outgoings: • Rates $3,184.60 (2026/2027) • Water Connection Cost $300 (2026/2027) An existing company tenancy, renovated showers and useful outdoor space make this an opportunity worth a closer look. Walking distance to shops and doctor and short drive to airport. For more information please connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder. Video walkthrough available on request.