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33 Piccadilly Street, Piccadilly, WA 6430, 6 Bedrooms, 4 Bathrooms, Unit

$950,000

33 Piccadilly Street, Piccadilly, WA 6430

6
4
6
910m2
UnitListed on Fri Dec 6

Piccadilly 6 Bedroom Exceptional Investment Opportunity ? 4-Unit Complex with Strong Returns!

Attention investors! This well-presented complex of four units offers a rare chance to secure a high-yield property with steady rental income and tenants already in place.

Strategically located near local amenities, including the local Hospital and shops, this property boasts an attractive gross rental yield and reliable tenancy agreements.

Acquire a fully leased, income-generating property with a strong return on investment, as well as financial stability.

Property Overview:

The complex features a mix of two-bedroom and one-bedroom units, catering to a range of tenant needs.

? Unit 1:

o 2 Bedrooms / 1 Bathroom

o Leased to WACHS (Local Hospital)

o Rent: $460/week

? Unit 2:

o 2 Bedrooms / 1 Bathroom

o Private Tenant

o Rent: $450/week

? Unit 3:

o 1 Bedroom / 1 Bathroom

o Private Tenant

o Rent: $370/week

? Unit 4:

o 1 Bedroom / 1 Bathroom

o Leased to WACHS (Local Hospital)

o Rent: $400/week

Financial Highlights:

Income:

? Total Weekly Rent: $1,680

? Annual Rental Income: $87,360

? Asking Price: $950,000

? Gross Rental Yield: 8.92%

Outgoings:

? Council Rates: $6,288.56 (2024 to 2025)

? Water service Charge: $1,158.60 (2024 to 2025)

Features & Benefits:

? Well-Presented Complex: External was repainted in March 2024

? Updated: Two units have received a full internal repaint in 2024

? Diverse Tenant Mix: Ensuring consistent rental income.

? Low Vacancy Risk: Long-term leases in place

? Mains gas connected

? No Strata fees ? as all units are on one title

Why Invest in Kalgoorlie-Boulder (Goldfields of Western Australia)

Kalgoorlie-Boulder is a thriving regional hub with a robust economy driven by mining, healthcare, and infrastructure development.

As a city with a growing population and high demand for rental properties, it offers investors stable returns and low vacancy rates. The strong mining industry ensures consistent employment opportunities, while ongoing government investments in the region further lift its appeal.

With attractive rental yields, low vacancy rates of around 1% (November 2024) and affordable property prices compared to metropolitan areas, Kalgoorlie-Boulder is a smart choice for investors seeking long-term growth and reliable income streams.

Contact Iris Haynes today at 0420 471 461 for more information or to arrange a viewing.

Don?t miss out on this outstanding investment!

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Kalgoorlie Primary School
0.45 km
Primary
K-6
Government
icsea: 970
St Mary's Primary School
0.60 km
Primary
PP-6
Catholic
icsea: 1038
North Kalgoorlie Primary School
0.79 km
Primary
K-6
Government
icsea: 982
Eastern Goldfields College
1.14 km
Secondary
11-12
Government
icsea: 972
John Paul College
1.24 km
Secondary
7-12
Catholic
icsea: 1013
East Kalgoorlie Primary School
1.90 km
Primary
K-6
Government
icsea: 619
South Kalgoorlie Primary School
2.31 km
Primary
K-6
Government
icsea: 914
Hannans Primary School
2.54 km
Primary
K-6
Government
icsea: 990
Eastern Goldfields Education Support Centre
3.01 km
Secondary
7-12
Government
icsea: 842
Kalgoorlie-Boulder Community High School
3.01 km
Secondary
7-10
Government
icsea: 896

Property history

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Piccadilly surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
113C Collins Street, Piccadilly
0.18 km
2
1
83m2
Year 2024 Month 12 Day 11
$285,100
Council approved
8/4-6 Wittenoom Street, Piccadilly
0.06 km
2
1
-m2
Year 2024 Month 11 Day 26
-
Council approved
144a Piccadilly Street, Piccadilly
0.11 km
3
2
-m2
Year 2024 Month 11 Day 18
-
Council approved
6/2 Wittenoom Street, Piccadilly
0.09 km
1
1
-m2
Year 2024 Month 10 Day 09
-
Council approved
2/24 Wittenoom Street, Piccadilly
0.10 km
2
1
45m2
Year 2024 Month 08 Day 12
$212,000
Council approved

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Ref:eagle_1528880Last update:2025-01-22 04:02:26