This beautifully presented two-storey home on Martin Street not only offers a fantastic living space but also an impressive investment opportunity. Priced at $490,000, this property comes with a secure three-year GROH (Government) lease, providing a steady income stream with a weekly rent of $800 and an annual market rent review. Let’s break down the numbers: • Purchase Price: $490,000 • Weekly Rent: $800 • Annual Rent Income: $800 x 52 weeks = $41,600 • Gross Rental Yield: ($41,600 / $490,000) x 100 = 8.49% Why is this property a standout investment? • High Rental Yield: At an attractive 8.49% gross rental yield, this property promises excellent returns compared to the market average. • Stable Income: With a secure three-year government lease, you can enjoy peace of mind and consistent cash flow. • Prime Location: Situated in a quiet yet central area, close to the Oasis Recreation Centre, the airport, shops, schools, and transport options. Inside, you’ll find a spacious layout featuring four well-sized bedrooms, two bathrooms, a generous kitchen, and expansive open-plan living areas. The downstairs master bedroom comes with its own ensuite and walk-in robe. Step outside to a large paved patio area, perfect for alfresco entertaining, and neat, low-maintenance gardens. Don’t miss this opportunity to secure a property with strong investment credentials. Contact Robert Gilmore today to arrange your viewing and make a smart move with this high-yield investment! Call now and secure your future!
Email enquiry to First National Real Estate - Kalgoorlie
Properti ID: 146026896