29 Gatacre Drive

Somerville WA 6430

956 m²

House

Currently for sale - view listing

Overview

UNDER OFFER Executive Investment or Future Family Home – Corporate Lease in Place

UNDER OFFER A “one-off” design built with quality materials and high-end finishes throughout — this is the type of property that rarely comes to market. Leased to a corporate tenant with strong income now, and the option to move in mid-2026. Investment Snapshot • Corporate tenant – since July 2023 • Lease expiry: July 2026 • Rent: approx. $1,300+ per week (~$67,600 p.a.) • Approx. 7.8% gross yield at $865,000 • Rent review due July 2026 • High-quality tenant profile • Strong holding income with future flexibility The Home • Built in 2017 – modern brick & iron construction • 4 queen-sized bedrooms with robes • Large walk-in robe and ensuite to master • 3 bathrooms inside + 4th shower & toilet in shed • Open plan living plus separate family and theatre room • Stone benchtops throughout • Modern kitchen with dishwasher • Excellent storage throughout • 193m² floor area (approx.) Land • 956m² block (approx.) • Low-maintenance yard Comfort & Lifestyle • Evaporative air-conditioning plus split systems throughout • Multiple living zones for families or executive living • Low-maintenance yard • Close to airport, schools, shops and recreational facilities The Extras That Set It Apart • Four car lock-up garage • Approx. 70sqm powered shed – lined and insulated • 956m² block – space and flexibility • Quality build with a unique, standout design Outgoings • Council rates: $3,926.04 p.a. (2026/2027) • Water connection: $300 p.a. High-quality homes with corporate leases are tightly held. You get strong income today, a well-maintained modern build, and the flexibility to move in or re-lease in 2026. This is a rare combination of lifestyle and investment. Secure This Opportunity Contact Iris Haynes on 0420 471 461 for further details or to arrange your inspection.