$2,200 Per Week Income – Secure Lease Until 2026 + Future Expansion
An exceptional high-yield investment opportunity offering dual income streams and opportunity for future expansion.
This fully renovated 7 bedroom, 2 bathroom property is currently achieving $2200 per week.
The residence is leased to a company tenant at $2,000 per week until December 2026, providing strong and secure rental income. An additional $200 per week is achieved through a weekly storage rate of $200 per week bringing the total current return to $2,200 per week.
The property has been renovated from top to bottom and designed for comfortable accommodation living, with each bedroom fitted with split system air conditioning, TV, furniture and secure electronic keypad entry on each door.
The home also features:
•
Modern open-plan kitchen with two ovens, two fridges, freezer & dishwasher
•
Large communal dining area
•
Two modern bathrooms
•
Internal laundry with multiple washers and dryers
•
Sparkling in-ground swimming pool with undercover entertaining area
•
Two external entertaining areas attached to residence
Outside offers secure parking, caravan access including sewage tie in point, fully reticulated low-maintenance gardens and solar powered access gates for driveways at front and rear in addition to pin code entry on the pedestrian gate.
There is also opportunity for future expansion (STCA) with plans drawn up to expand the property into an 11 bedroom, 6 bathroom accommodation facility, unlocking significant additional rental potential and value.
Current Rental Income: $2,200 per week
Council Rates: Approx. $2,968 p/a
Opportunities like this are rare. For more information, please contact: Wanil Cho 0421737607
Features
7 bedrooms
2 bathrooms
directions_car2 carspaces
directions_car2 garage spaces
crop_free1012 m² lot size
cottageHouse
Property history for 57 Hopkins St
2024
Rented
Undisclosed
Leased on 26 Nov 2024 by First National Real Estate Kalgoorlie
2022
Sold
$180,000
Private Sale/Treaty on 09 Jun 2022 by DENISE BROWN, of John Matthew & Sons - Kalgoorlie
Happy sellers in South Boulder
87%
sentiment_very_satisfied
87% of sellers in South Boulder reported that their sale price either exceeded or met their price expectations.
South Boulder stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 3 reviews in South Boulder over the last 12 months.
Local market activity for 7 bedroom houses in South Boulder
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.