29 Gatacre Drive
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About this property
UNDER OFFER A "one-off" design built with quality materials and high-end finishes throughout this is the type of property that rarely comes to market. Leased to a corporate tenant with strong income now, and the option to move in mid-2026. Investment Snapshot Corporate tenant since July 2023 Lease expiry: July 2026 Rent: approx. $1,300+ per week (~$67,600 p.a.) Approx. 7.8% gross yield at $865,000 Rent review due July 2026 High-quality tenant profile Strong holding income with future flexibility The Home Built in 2017 modern brick & iron construction 4 queen-sized bedrooms with robes Large walk-in robe and ensuite to master 3 bathrooms inside + 4th shower & toilet in shed Open plan living plus separate family and theatre room Stone benchtops throughout Modern kitchen with dishwasher Excellent storage throughout 193m² floor area (approx.) Land 956m² block (approx.) Low-maintenance yard Comfort & Lifestyle Evaporative air-conditioning plus split systems throughout Multiple living zones for families or executive living Low-maintenance yard Close to airport, schools, shops and recreational facilities The Extras That Set It Apart Four car lock-up garage Approx. 70sqm powered shed lined and insulated 956m² block space and flexibility Quality build with a unique, standout design Outgoings Council rates: $3,926.04 p.a. (2026/2027) Water connection: $300 p.a. High-quality homes with corporate leases are tightly held. You get strong income today, a well-maintained modern build, and the flexibility to move in or re-lease in 2026. This is a rare combination of lifestyle and investment. Secure This Opportunity Contact Iris Haynes on 0420 471 461 for further details or to arrange your inspection.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- 4
- Land Area
- 956 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Somerville
This 4-bedroom house in Somerville, WA 6430 sits within reach of public transport, local shops and nearby schools. It is listed 68% above the $520,000 median of 62 comparable houseswithin 5 km.
Schools near Somerville
- Goldfields Baptist Collegecombined · PP-11 · CoEd
What's nearby
- West Kalgoorlie (train) — 1.7 km away
- O'Connor Fresh IGA — 1.5 km away
- Unnamed — 420 m away
- Mosconi Circle Reserve — 1.0 km away
- Hefron Park — 1.0 km away
Somerville at a glance
Full suburb profile- Population
- 4,165
- Median age
- 33
- Household income
- $2,996/wk
- Median rent
- $330/wk
- Median mortgage
- $2,123/mo
Source: ABS Census.
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Suburb market
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Somerville price trend
Median sold · House 4 bed
Compound growth +8.4% / yr over 4 yrs
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