Show Map
For Sale $569,000

Freestanding Investment with GROH Lease

2 / 269 Forrest Street, Kalgoorlie

  • 3
  • 2
  • 2
  • 253 Square metres
Download Brochure
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie
  • 2 / 269 Forrest Street, Kalgoorlie

Investors searching for a secure rental return with a government-backed tenancy should take a closer look at this freestanding unit.
Currently leased to GROH at $750 per week until 8 April 2027, the property offers immediate rental income from settlement. With no strata fees (in a small strata complex) to pay, this is a straightforward investment opportunity in a convenient central Kalgoorlie location.
Inside Features

• Three bedrooms with built in robes or walk in robes
• Main bedroom with private ensuite
• Family bathroom with shower and bathtub
• Open-plan kitchen, dining and living area
• Practical kitchen with gas cooktop, electric oven and good storage
• Separate laundry and storage area
• Neutral colours throughout (repainted in 2024)
• Ducted evaporative air conditioning
• Functional, low-maintenance layout

Outside Features
• Freestanding only the carport is connected (small strata complex)
• Approximately 253m² strata lot - floorplan is 116m2 approx.
• Brick and Iron construction - built in 2012
• Covered outdoor entertaining area
• Enclosed, low-maintenance yard
• Established lawn area
• Garden shed
• Double Carport
• Good fencing all around

Investor Snapshot
• Current rent: $750 per week
• GROH lease until 8 April 2027
• Annual rental income: $39,000
• Approximate gross rental yield: 6.85%
• Government-backed tenancy
• No immediate maintenance requirements were recorded in the April 2026 routine inspection
• Tenant reported as maintaining the property to a satisfactory standard

Outgoings
• Council rates: $3,137.72 per annum for 2026/27
• Water service connection fee: Approximately $300 per annum
• Strata fees: Nil

To arrange a viewing please connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder on 0420 471 461.

Note: The photos (vacant property) are from 2024 - new photos with current tenant items are coming soon.

Features

  • Evaporative Cooling
  • Courtyard
  • Outdoor Entertainment Area
  • Broadband Internet Available
  • Built-in Wardrobes

Agents

X

Similar Listings