Finding a property below $200,000 is not an easy find these days, so read on as here is your chance.
On offer is a cottage home that is currently leased for $390 per week with long-term tenants. Currently on a month to month lease so you have the option to keep renting it out or move in.
The features:
• 3 bedrooms (2 with Split System Air Conditioner)
• 1 Living area with Split system Air Conditioner
• Kitchen/ dining (older style) with Split System Air Conditioner
• Tiled laundry
• Bathroom (older style and requires renovation)
• Paved private courtyard
• Carport for 2 cars
Located on a corner lot and within 5 to 10 mins driving distance to both Boulder and Kalgoorlie business centre.
The investor numbers for your reference:
• Current weekly rent $390
• Same tenants since 2020
• Council Rates: $1,980.28
• Water Connection Rate: $285.00
• No strata fee
• 10% Gross Rental Yield

Interested to jump at this opportunity? Connect with Iris Haynes to arrange a viewing.

NOTE: This property is SOLD AS IS. Any building or timber pest inspections have to be done before the contract is exchanged.

Features

  • Air Conditioning
  • Outdoor Entertainment Area