23/35 Premier Street

Hannans WA 6430

218 m²

Townhouse

Currently for sale - view listing

Overview

Set & Forget Investment with Long-Term GROH Tenant

Investment opportunities like this don't come along often. Located in one of Hannans' most sought-after gated townhouse complexes, this modern two-storey townhouse is currently leased to GROH (Government Regional Officers' Housing) at $750 per week until June 2027, providing immediate rental income from a quality government tenant. GROH is often a multi-year lease and once they have a good property they keep it on. This complex has earned an excellent reputation with government departments, mining companies and professionals, with many of the townhouses also leased through GROH. Its secure environment, low-maintenance lifestyle and unbeatable location continue to make it one of Kalgoorlie-Boulder's most desirable townhouse developments. Positioned just a 5-minute drive to the Kalgoorlie CBD and directly across the road from Spudshed, everyday convenience is right at your doorstep. Inside Features • Two-storey modern townhouse • 3 generous bedrooms with built-in robes • 2 modern bathrooms • Main bedroom with ensuite featuring a spa bath • Open-plan kitchen, dining and living area • Well-appointed kitchen with modern appliances • Gas cooktop • Electric oven • Outdoor entertaining patio flowing from the living area • Third toilet downstairs for added convenience • Evaporative air conditioning • Gas bayonets for winter heating Outside Features • Secure gated complex with electric entry gates • Sparkling below-ground swimming pool maintained by the strata • Double covered carport • Low-maintenance courtyard • Garden shed • Well-maintained common areas Investor Snapshot • Government (GROH) lease until June 2027 • Rental income: $750 per week • Gross rental yield: approximately 6.8% • Popular complex with government departments and professional tenants • Strong history of long-term occupancy • Low-maintenance investment with excellent tenant appeal Outgoings • Council Rates: $3,323.02 • Water Connection: $300.00 per year • Strata Fees: $1,218.75 per quarter o Includes building insurance o Swimming pool maintenance o Common area gardening o Electric gate maintenance o Common property repairs and maintenance o Professional strata management o Reserve fund in place $52,141.15 for future capital works Location Highlights • Opposite Spudshed Shopping Centre • Approximately 5 minutes to the Kalgoorlie CBD • Close to the Golf course, Hospital and eating facilities • Nearby schools, parks and sporting facilities • Easy access to major employers and mining industry services If you're looking to grow your investment portfolio with a property already leased to a secure government tenant, this townhouse is well worth your attention. The combination of a GROH lease, modern low-maintenance living and a highly regarded gated complex makes this a smart investment for today and into the future. Contact Iris Haynes today to secure this set and forget investment option.