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Sold! $375,000

Investor Alert 8% YIELD with Long Secure Government Lease

3 / 16 Oberthur Street, South Kalgoorlie

  • 4
  • 2
  • 2
  • 468 Square metres
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  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie
  • 3 / 16 Oberthur Street, South Kalgoorlie

What are you as an investor looking for in an investment property? This might just fit the criteria!

• Secure Rental Lease? - Government (GROH) until November 2022
• 3 year extension option) until November 2025
• Low Maintenance? - well maintained brick home
• Resale options – appeal to investors and homeowners
• Yield – weekly rent $580.00 from 6th December.

As the property is in a secure lease until November 2022, you will receive rental income even if no one resides at the property, meaning you will get approx.. $30,242.86 gross rental income a year.

The small gated complex features 4 buildings and all other properties have been with the same owner long-term.

Your future investment offers:
• 4 Bedrooms with either walk in or build in robes
• 2 Bathrooms
• 2 Living areas
• Plus dining area
• Large laundry with plenty of storage
• Walk in linen/storage
• Front windows have roller shutters
• Built in 2005

Outside you have a double carport with shopper’s entrance to the kitchen. The low maintenance garden has lush lawn and a garden shed.

Located within a short drive to the CBD making it a popular choice for tenants now and in future.

If you are interested, viewing is possible via a private arrangement – video viewing also available.

Contact Iris Haynes on 0420 471 461, if you want to inspect, 4x2 brick homes are very much in demand.

Council rates $2,741.49pa
Water rates $260.00pa
Strata fees $582.60 per quarter including sinking fund

Features

  • Gas Heating
  • Fully Fenced
  • Secure Parking
  • Built-in Wardrobes

Agents

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