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For Sale $625,000

Investor Opportunity – Company Lease - $900 per week

21B Osmetti Drive, Somerville

  • 4
  • 2
  • 1
  • 780 Square metres
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  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville
  • 21B Osmetti Drive, Somerville

Looking to add a property to your investment portfolio with rental income already in place? This four-bedroom, two-bathroom home offers a company lease at $900 per week until April 2027, returning an approximate 7.49% gross rental yield at the listing price.

The company has expressed a wish to stay and the rent can be increase to around $950 to $970 then.

This home combines a practical layout with a generous approximately 780m² block, a shed and a large undercover patio.

Inside Features

• Four bedrooms
• Main bedroom with ensuite
• Main bathroom with separate bath and shower
• Both showers renovated
• Separate lounge room
• Kitchen adjoining the dining area
• Separate toilet
• Dedicated laundry
• Ducted air-conditioning, plus split systems to selected rooms
• Approximately 149m² floor area

Outside Features

• Approximately 780m² block
• Large undercover patio
• Powered Shed with 2 roller doors for storage and projects
• Single car space
• Lawn areas and established palms
• Brick exterior

Investor Snapshot

• Company lease to SMS Mining Services Pty Ltd
• Current rent: $900 per week
• Annual rental income: $46,800
• Lease in place until 29 April 2027
• Company has expressed a wish to stay beyond the current lease

Incoming:

• $900 per week rent (can be increased to $950 to $970 in April 2027)

Outgoings:

• Rates $3,184.60 (2026/2027)
• Water Connection Cost $300 (2026/2027)

An existing company tenancy, renovated showers and useful outdoor space make this an opportunity worth a closer look.

Walking distance to shops and doctor and short drive to airport.

For more information please connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder.

Video walkthrough available on request.

Features

  • Evaporative Cooling
  • Shed
  • Built-in Wardrobes

Agents

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