14 King Street, Wonthella WA 6530
Sold for $680,000
A Home plus Investment Income
Comprising three stand-alone 3 Bedroom Two-bathroom homes all on one title. Plenty of room between each of the houses providing good privacy and security. Solidly built brick and iron homes with concrete driveways and colourbond fencing. Located on the western side of Brand Highway. These are modern well-maintained homes with a current neutral colour scheme. Easy-care reticulated lawns and gardens.
Well located;
650m approximately to Allendale Primary School.
950m approximately to Bunnings
1200m approximately to AJ Café and The Beach.
So many opportunities here. Live in one and receive rental income from the other two. Or one for mum and dad, one for the kids and one for the grandparents. For a company it may a way of securing accommodation for its workforce with a good rate of return.
For the investor.
14a Leased to 29/9/22 at $280PW
14b Leased to 27/5/22 at $260PW
14d Leased to 21/4/22 at $260PW
Totalling $41,600 PA income representing 5.5% gross return on the purchase price.
Set on 2848m2 of land. Zoned R30. Septic tank system in place.
Featuring
• Split reverse cycle A/C
• Carpets to bedrooms.
• Easy care flooring to the main living areas.
• Quality curtains.
• Reticulated gardens and lawns.
Property ID: 1205322