3/269 Forrest Street, Kalgoorlie, WA 6430
Kalgoorlie 3 Slaapkamer UNDER OFFER -Turnkey Investment with Long-Term GROH Lease
$429,000UNDER OFFER - Positioned at the rear of a small complex, this modern 3-bed, 2-bath brick home delivers immediate income and peace of mind. It’s leased to Government Regional Officers’ Housing (GROH) until May 2028 - reliable returns secured by a government tenant.
Key Investment Facts
• Price: Offers from $425,000
• Current Rent: $720/week (≈ $37,440 p.a.)
• Gross Rental Yield: ≈ 8.8%
• Lease: GROH tenancy to May 2028
• Council Rates: $3,090.52 p.a.
• Water Rates: ≈ $300 p.a. (tenant pays usage)
• Strata: No strata fees
Property Features
• 3 generous bedrooms; main with walk-in robe
• 2 modern bathrooms
• Light-filled open-plan kitchen / living / dining
• Dishwasher included
• Double carport
• Built 2012
• 264 m² block (approx.)
Why Investors Will Love It
A true set-and-forget: contemporary finishes, low-maintenance design, no strata fees, and a premium government lease providing income continuity. With an ~8.8% gross yield, it’s a high-performing asset in the popular Kalgoorlie market.
For further details contact Iris Haynes on 0420 471 461.