15 Shields Street, Tammin WA 6409

Three bedroom, one bathroom house close to the roadhouse, shops and school. Freshly painted inside and new carpets throughout. Move in and start a huge vegie garden in the large back yard - situated on a massive 1923 square meter block.

Investors - the property is currently tenanted on a 6-month lease at $250 per week until 26/09/13. That is not a typo, it is $250 per week which is 15.3% gross yield on purchase price. Looking for more - the 1923m2 block is a single title located over two street numbers (15 and 17). The house is located entirely on the 17 side of the block. Ordinary house blocks sell for around $20,000 to $25,000. The subdivision and sale of the spare land would have no impact on the rental value of the house. Of course do your own research on the viability of that project.

Frequently Asked Questions:

1. Q-How big is Tammin? A- Small is the word to use rather than big. Tammin has a population of 469 people. It has a school, council building, post office, bank, roadhouse, train station and some very spectacular grain silos.

2. Q-Will I be able to get a tenant? A-Yes, you already have a tenant at $250 per week. The current tenants have been there since 30/03/12. The property has had tenants before this one, and if need be, new tenants could be located. People work at the abbatoir, local businesses and surrounding farms; and need somewhere to live.

3. Q-Can I move in? A-Maybe. The tenants have a fixed-term lease however might consider moving out before the end of their lease. This would be a matter for negotiation.

4. Q-Can I see through the property this afternoon? A-No! Firstly, we need to give the tenant notice. Secondly, please check out the town and decide if country living is for you, before you ask us for a viewing.