13 Martin Street, Somerville WA 6430

This beautifully presented two-storey home on Martin Street not only offers a fantastic living space but also an impressive investment opportunity. Priced at $490,000, this property comes with a secure three-year GROH (Government) lease, providing a steady income stream with a weekly rent of $800 and an annual market rent review.

Let’s break down the numbers:
• Purchase Price: $490,000
• Weekly Rent: $800
• Annual Rent Income: $800 x 52 weeks = $41,600
• Gross Rental Yield: ($41,600 / $490,000) x 100 = 8.49%
Why is this property a standout investment?
• High Rental Yield: At an attractive 8.49% gross rental yield, this property promises excellent returns compared to the market average.
• Stable Income: With a secure three-year government lease, you can enjoy peace of mind and consistent cash flow.
• Prime Location: Situated in a quiet yet central area, close to the Oasis Recreation Centre, the airport, shops, schools, and transport options.

Inside, you’ll find a spacious layout featuring four well-sized bedrooms, two bathrooms, a generous kitchen, and expansive open-plan living areas. The downstairs master bedroom comes with its own ensuite and walk-in robe.

Step outside to a large paved patio area, perfect for alfresco entertaining, and neat, low-maintenance gardens.

Don’t miss this opportunity to secure a property with strong investment credentials. Contact Robert Gilmore today to arrange your viewing and make a smart move with this high-yield investment!

Call now and secure your future!