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About this property
An exceptional high-yield investment opportunity offering dual income streams and opportunity for future expansion. This fully renovated 7 bedroom, 2 bathroom property is currently achieving $2200 per week. The residence is leased to a company tenant at $2,000 per week until December 2026, providing strong and secure rental income. An additional $200 per week is achieved through a weekly storage rate of $200 per week bringing the total current return to $2,200 per week. The property has been renovated from top to bottom and designed for comfortable accommodation living, with each bedroom fitted with split system air conditioning, TV, furniture and secure electronic keypad entry on each door. The home also features: Modern open-plan kitchen with two ovens, two fridges, freezer & dishwasher Large communal dining area Two modern bathrooms Internal laundry with multiple washers and dryers Sparkling in-ground swimming pool with undercover entertaining area Two external entertaining areas attached to residence Outside offers secure parking, caravan access including sewage tie in point, fully reticulated low-maintenance gardens and solar powered access gates for driveways at front and rear in addition to pin code entry on the pedestrian gate. There is also opportunity for future expansion (STCA) with plans drawn up to expand the property into an 11 bedroom, 6 bathroom accommodation facility, unlocking significant additional rental potential and value. Current Rental Income: $2,200 per week Council Rates: Approx. $2,968 p/a Opportunities like this are rare. For more information, please contact: Wanil Cho 0421737607
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 7
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 1012 m²
- Listed
- 3 months ago
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Neighbourhood
Living in South Boulder
This 7-bedroom house in South Boulder, WA 6432 sits within reach of public transport, local shops local amenities.
What's nearby
- Unnamed (bus) — 918 m away
- Beaten Track Brewery — 241 m away
- Unnamed — 574 m away
- Unnamed — 713 m away
- Norkal Park — 1.1 km away
South Boulder at a glance
Full suburb profile- Population
- 1,506
- Median age
- 35
- Household income
- $1,848/wk
- Median rent
- $300/wk
- Median mortgage
- $1,250/mo
Source: ABS Census.
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Suburb market
Suburb price trend
South Boulder price trend
Median sold · House 3 bed
Compound growth +11.6% / yr over 4 yrs
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