Investment Opportunity

Set on a generous 803sqm block, this solid 4-bedroom, 1-bathroom brick-and-tile home is a reliable investment in a popular northern suburb. Built in 1992, the property is currently leased at $390 per week, on a periodic basis, providing immediate rental income from settlement.

A tidy and functional residence with established tenants, it’s a great option for investors looking for a set-and-forget opportunity or even a future owner-occupier looking to secure something now while prices remain attractive.

Key Features:

• 4 bedrooms, 1 bathroom
• Large 803sqm block
• Brick & tile construction
• Built in the 90’s
• Side access to double lock up garage.
• Open plan kitchen/dining
• Air conditioning
• Currently leased at $390 per week. Tenant happy to stay on

Investment Snapshot:
• Rental income: $390 per week
• Gross rental yield: Approx. 5.08%

Council Rates: $2,448.00 approx. p/a
Water Rates: $1,335.26 approx. p/a

This property sits below the current median house price for Waggrakine and offers a rental return above the suburb average. It presents great value for money in a growing family-friendly suburb just 10 minutes from Geraldton CBD.

Contact Will McKenzie at Professionals Geraldton today for more information or to arrange a private viewing.

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Property ID: 1370768