1-5/461 Hannan St, Kalgoorlie, WA 6430

Outstanding Investment Opportunity

Outstanding opportunity to acquire a complete block of 5 units for $1,125,000 with a split considered for $225,000 for each individual unit.

This neat and tidy complex consists of two separate buildings containing 5 units with 1 bedroom x 1 bathroom in a great central location.

Fully tenanted brick and iron units with leases in place.

All units have good secure leases showing approximately 9.7% gross return.

Enjoy the long-term benefits with units 4 & 5 leased to GROH, currently rented at $350 per week with an increase to $400 per week in early January or February 2023.

Features
- 3 Furnished Units
- 2 Unfurnished Units
- Open plan kitchen with gas cooktop/oven and plenty of storage space
- Spacious living and dining
- 1 Large bedroom with built in robes
- Bathroom with bath/shower and laundry
- Tiled throughout the unit with carpet to the bedroom
- Split system air-conditioning
- Secure fully fenced unit
- Carport

Unit 1 – Land Size: 111m² | Living Area: 56m²
Unit 2 – Land Size: 140m² | Living Area: 56m²
Unit 3 – Land Size: 133m² | Living Area: 55m²
Unit 4 – Land Size: 111m² | Living Area: 54m²
Unit 5 – Land Size: 133m² | Living Area: 55m²

Council Rates - Unit 1, 2, 4, 5 $1,932.17 | Unit 3 $1,944.82
Water Rates - $275.00 Approx.

Please contact Norm Sharp on 0418 935 980 for further detailed information.

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Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.