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For Sale $485,000

Investors - GROH Lease 4 x 2

8 Grevillea Avenue, Kununurra

  • 4
  • 2
  • 2
  • 447 Square metres
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  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra
  • 8 Grevillea Avenue, Kununurra

Opportunity to purchase this 4 bedroom 2 bathroom home built by CWD in 2008 which has been under a GROH lease since completion. Built for investment purposes to GROH specifications at the time of construction, the home offers a spacious living/dining area kept cool with the ceiling cassette air conditioning, modern kitchen with practical layout, stainless steel appliances, and handy little appliance nook. The bedrooms offer built in robes, air conditioners and ceiling fans, there is an ensuite and large walk in robe to the main bedroom and a secondary main family bathroom. The lease was recently renegotiated to $800 per week, almost an 8.6% gross return! The lease expires in March 2023 however the tenants did want to renew for 3 years due to the shortage of suitable housing in Kununurra. If you are looking for a reliable investment property with excellent rental history, with a secure government lease, look no further! Prices of 4 x 2 homes are actively increasing in Kununurra so the time to buy is now - without delay!

Water Rates: approx $1463pa
Shire Rates: TBA

Features

  • Air Conditioning
  • Outdoor Entertainment Area
  • Built-in Wardrobes

Agents

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