INVESTMENT OR FIRST HOME BUYER OPPORTUNITY IN KALGOORLIE

Are you watching the Kalgoorlie Real Estate market? Noticed the low properties available to buy.

Finding it a challenge to find a rental home? No wonder with less than 1% vacancy rate in October 2020.

Now is your chance to buy and create good prospects in the future. Let me paint you a picture:

Currently you will find at 359 Egan Street:

• 3- bedrooms and 1-bathroom Fibro Property
• Good sized kitchen
• One living area
• Currently rented at $270 per week until Feb 2021
• Partially subdivided with fencing in place
• R20 Zoning (allowing for 2 dwellings on the block - STCA)

However, the future is bright with the option to finish the subdivision and build a new home at the rear part.

If you want to hedge you bets you could live in it or rent it out for the time being. Kalgoorlie is currently undergoing a Local Planning Scheme 2 (LPS2) which is in public consultation.

If it goes ahead the zoning for this block will change to R40 which will open the door for multi-unit development (subject to council approval)

So, don’t delay if you are ready to buy contact Iris Haynes to arrange a viewing.

Features