2/5 Herbert Street, Djugun WA 6725

SOLD

Investment opportunities do not come better than this! With a government lease in place generating a MASSIVE 10.28% rent return ($749.55 per week) this is the perfect first-time investment or an outstanding addition to your current portfolio.

The lease is due to expire in May 2023. However, the tenant has indicated a willingness to extend the lease beyond the current term.

The property is extremely low maintenance and offers two-bedroom, one bathroom accommodation with functional kitchen, modern knight-plank flooring and spacious open plan living room.

Both bedrooms and the living area feature modern split system air conditioners and the security screens to the front and rear allow a beautiful breeze to flow through the home. The combined laundry and bathroom are spacious and low maintenance with a separate toilet. There is also an external laundry area outside the main bedroom which subject to the required approvals could convert to a fantastic ensuite bathroom in the future.

The private rear courtyard plus spacious communal lawns and gardens are the perfect space to relax
The location is fantastic, situated in a central location close to Chinatown business precinct, Broome Hospital, schools and the airport. The Courthouse Markets are just a stone's throw away as is the Boulevard Shopping Centre and many other amenities.

**ADVERTISING PHOTOGRAPHY INCLUDES DIGITAL FURNITURE AND IS FOR GUIDANCE PURPOSES ONLY**

ESSENTIAL DETAILS:
-Council Rates: $2,016.31 per annum
-Water Rates: $1,523.89 per annum
-Strata Levies: $2,169.20
-Land Area: 217 sqm
-Year Built: 1989
-Leased to WACHS to 26/05/2023 $749.55 per week

For further property details or to arrange a private inspection please contact Giles Tipping on 0408 097 248 or email [email protected].