56 Lionel Street, South Kalgoorlie WA 6430

SERIOUS INVESTORS … 15 Units On 1 Title In A Secure Gated Complex

With high rental demands in the Kalgoorlie-Boulder region you can be assured of high returns and future capital gain.

Thirteen units have been refurbished with remaining two units still in progress.

Each unit features:
• 1 Bedroom with walk-in robes & ensuite
• Open plan kitchen/dining/living room
• Laundry & bathroom combined
• Rose ceiling in living room
• Furnished with electric stove, fridge, 2-seater & 3-seater sofa, TV stand, coffee table, dining table & 4 chairs, queen bed, 1 bedside table, chest of drawers
• Electric hot water system
• Reverse cycle split system air-conditioning
• Front veranda
• Private courtyard
• Single car bay
• Individual electricity meter

Outdoor features:
• Security complex with remote gate access
• Rear lane access
• 1x Garden shed

Secure leases on the units and a strong rental history offers the opportunity to receive an estimated 8.7% (approx.) return.

Information provided by the Seller:

• Unit 1, leased at $280.00 per week until 25/11/2023
• Unit 2, leased at $1,303.57 per month until 29/12/2023
• Unit 3, leased at $320.00 per week until 21/04/2023
• Unit 4, leased at $310.00 per week until 22/09/2023
• Unit 5, leased at $320,00 per week until 01/03/2024
• Unit 6, leased at $320.00 per week until 23/10/2023
• Unit 7, leased at $270.00 per week until 28/02/2024
• Unit 8, leased at $280.00 per week until 17/09/2023
• Unit 9, leased at $310.00 per week until 05/09/2023
• Unit 10, leased at $270.00 per week until 26/06/2023
• Unit 11, leased at $1,390.48 per month until 05/12/2023
• Unit 12, leased at $1,216.67 per month until 09/01/2024
• Unit 13, currently vacant
• Unit 14, leased at $320.00 per week until 15/06/2023
• Unit 15, leased at $280.00 per week until 02/01/2024

No Strata fees. 15 Units on one title. R20 zoning. 2,361sqm block (approx.)

Contact Lorna Flanagan on 0406 567 148 for more information on this unique opportunity.

Council rates $21,369.69pa