$297,000

2 Bed  •  2 Bath  •  2 Car  •  185m²

Main view of Homely unit listing, 5/394 Hay Street, Somerville WA 6430
Second view of Homely unit listing, 5/394 Hay Street, Somerville WA 6430
Third view of Homely unit listing, 5/394 Hay Street, Somerville WA 6430
+8

Sold

5/394 Hay Street, Somerville WA 6430

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$297,000

  • 2
  • 2
  • 2
  • 185m²

Unit Sold on Tue 11 Oct, 2022

What's around Hay Street

Unit description

“Long-Term GROH Lease With Low Strata Fees”

Perfect investor stock, if you are looking for a buy and earn type of property, read on.

This modern unit built in 2014 is already leased with a long-term rental arrangement. The location is ideal as it is only 5 minutes drive to the CBD and close to sporting grounds and Ampol Service Station and Convenience Store. All you need to do is buy and start earning.

• 2 Bedrooms with double built in robes
• 2 Bathrooms (both ensuite)
• Well equipped kitchen overlooking the meals & living area
• Ducted air-conditioning
• Natural gas
• Low maintenance courtyard
• Entertaining patio
• Double car port
• Secure complex with remote gates

The important investors numbers:
• Currently rented at $420.00 per week until January 2025
• $21,900 per year rent
• Regular annual rent reviews
• Further 12 months option for lease to January 2026
• Strata fees $292.86 per quarter which includes $25.00 into the reserve fund
• Council rates $2,002.34pa
• Water rates $260.00pa

If you would like to start the ball rolling to purchase this investment option, contact Iris Haynes or Kayla Neve today.

Property features

courtyard

Courtyard

ductedCooling

Ducted Cooling

fullyFenced

Fully Fenced

gasHeating

Gas Heating

greyWaterSystem

Grey Water System

livingAreas

Living Areas: 1

secureParking

Secure Parking

toilets

Toilets: 2

Other features

Natural Gas

Land details

Area: 185m²
Fourth view of Homely unit listing, 5/394 Hay Street, Somerville WA 6430View more
Fifth view of Homely unit listing, 5/394 Hay Street, Somerville WA 6430View more

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5/394 Hay Street, Somerville WA 6430
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