Reiwa Reiwa
5 George Street, Bunbury WA 6230

5 George Street, Bunbury WA 6230

Sold price: $742,500
Sold
Sold: 31 Jul 2024

2 Bedrooms

1 Bathroom

Landsize 713m2

House

Contact the agent

Jason Gard

0573631111

Gard Real Estate


Double Income Investment Opportunity

Here is a fantastic investment opportunity located just minutes from the CBD and all the amenities of South Bunbury at your doorstep. The incredibly well-presented home has been beautifully restored with high ceilings and original timber-clad walls 2 huge bedrooms with WIR in the master bedroom and split system AC. The lounge area is cosy with an abundance of natural light to fill the space during the day, with a separate dining room of a very similar size and nature, leading into the fully renovated kitchen with 900mm oven, and tasteful and simple decor, with excellent storage space. The bathroom has also been renovated and in keeping with the heritage style, is immaculate in presentation. There is a huge shed at the rear of approximately 250m2 that is currently leased to a local company for over $2400 per month and due to increase soon with a rent review. Combining this with the rental potential of the house of a conservative $400 per week in the current market ($450 would be easily achievable) will give you a rental income of almost $50,000 per annum. The property also has solar panels, which makes your power bills negligible. This property is a blue chip investment and location, with excellent returns, be quick because properties like this are not common that can provide dual income options. Contact Exclusive Agent Jason Gard for more details and to arrange a personal inspection today.

Nearby schools

Bunbury Primary School Primary Government 0.4km
South Bunbury Primary School Primary Government 0.9km
South Bunbury Education Support Centre Primary Specialist 0.9km
Cooinda Primary School Primary Government 0.9km
Bunbury Senior High School Secondary Government 1.0km
St Mary's Catholic Primary School Primary Non-government 1.2km
Bunbury Regional Community College Secondary Non-government 1.4km
Carey Park Primary School Primary Government 2.0km
Bunbury Catholic College Secondary Non-government 2.2km
College Row School Combined Specialist 2.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4738041