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Sold! $470,000

UNDER OFFER -Turnkey Investment with Long-Term GROH Lease

3 / 269 Forrest Street, Kalgoorlie

  • 3
  • 2
  • 2
  • 264 Square metres
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  • 3 / 269 Forrest Street, Kalgoorlie
  • 3 / 269 Forrest Street, Kalgoorlie
  • 3 / 269 Forrest Street, Kalgoorlie
  • 3 / 269 Forrest Street, Kalgoorlie
  • 3 / 269 Forrest Street, Kalgoorlie
  • 3 / 269 Forrest Street, Kalgoorlie

UNDER OFFER - Positioned at the rear of a small complex, this modern 3-bed, 2-bath brick home delivers immediate income and peace of mind. It’s leased to Government Regional Officers’ Housing (GROH) until May 2028 - reliable returns secured by a government tenant.

Key Investment Facts

• Price: Offers from $425,000
• Current Rent: $720/week (≈ $37,440 p.a.)
• Gross Rental Yield: ≈ 8.8%
• Lease: GROH tenancy to May 2028
• Council Rates: $3,090.52 p.a.
• Water Rates: ≈ $300 p.a. (tenant pays usage)
• Strata: No strata fees

Property Features

• 3 generous bedrooms; main with walk-in robe
• 2 modern bathrooms
• Light-filled open-plan kitchen / living / dining
• Dishwasher included
• Double carport
• Built 2012
• 264 m² block (approx.)

Why Investors Will Love It

A true set-and-forget: contemporary finishes, low-maintenance design, no strata fees, and a premium government lease providing income continuity. With an ~8.8% gross yield, it’s a high-performing asset in the popular Kalgoorlie market.

For further details contact Iris Haynes on 0420 471 461.

Features

  • Evaporative Cooling
  • Built-in Wardrobes

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