7/23 Forrest Street

Kalgoorlie WA 6430

137 m²

Unit

Currently for sale - view listing

Overview

Two-Year WACHS Lease — Put This One on Your Investor Shortlist

Looking for an investment with an established tenant and a longer lease already in place? This two-bedroom brick unit deserves a closer look. Leased to WA Country Health Service (WACHS), the lease was renewed in June 2026 for a further two years at $580 per week. At the asking price of $375,000, that represents an approximate 8.0% gross rental yield. With improvements completed before WACHS moved in during 2024, this is a straightforward option for investors who value lease certainty and a property that is being well cared for. Features • Two bedrooms with build in robes • One living area • Kitchen and dining space • Combined bathroom and laundry • Separate toilet • Electric cooking and hot water • Easy to maintain Courtyard with garden shed • Brick construction (1996) • 137m2 allotment and 58m2 Floorplan (approx.) Improvements Completed in 2024 • New carpet in both bedrooms • New blinds in the bedrooms, lounge and at the sliding door • Painting and general maintenance Investor Snapshot • Established WACHS tenancy since 2024 • Current rent: $580 per week (with yearly review) • Lease until June 2028 • Annual rental income: $30,160 • Approximate gross rental yield: 8.0%, based on the asking price, before expenses • May 2026 routine inspection recorded the property as being well maintained, with no maintenance required at that inspection Outgoings • Proposed strata levy for 2026/2027: $2,142.86 per year • Council rates: To be confirmed • Water connection fee: Approximately $300 per year An established health service tenant, a renewed two-year lease and a solid rental return — there is plenty here to catch an investor’s attention. To arrange a viewing please connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder on 0420 471 461