Run don’t walk!
New to the market is this well-maintained brick 3 bedroom, 1 bathroom unit offering a remarkable gross rental yield of over 10%. Current rented for $450 per week with the option to increase to $475.00 after June 2024, this property not only promises a steady income but also a stable investment.
First home owners don’t be discouraged either with this affordable unit making the perfect option to get your foot into the competitive Kalgoorlie-Boulder market. Lease expires in June 2024.
Key Features:
- 3 Bedrooms with built in robes
- 1 bathroom with shower and bathtub separate
- Good sized kitchen
- Open plan living, dining & kitchen
- One allocated carport space
- 2 Garden Sheds
- Split system air conditioning in living area
- Evaporative air conditioning throughout
Have a look at the investment figures:
- Currently leased at $450 per week
- Updated rental appraisal $475 per week
- Over 9% gross rental yield
- Council rates $1,991.16pa
- Strata levy $730.80 pq (incl. sinking fund)
- Water rates $275.72 pa
The strata fees will pay for the building insurance, common gardening, common area repairs, gutters and downpipes and pest/vermin control as well as putting away money in a sinking fund for future repairs. Rest assured this is a well-managed complex.
This is a property that is sure not too last, speed dial Iris Haynes on 0420 471 461 to secure your viewing today.
Council rates: $1,991.16pa
Strata levy: $730.80pq
Water rates: $275.72pa
