This is Investment GOLD!!! 9 x Two Bedroom Units for Sale in the WA Goldfields!!!

I’m not going to lie, there is no other way to say it – this is an EXTREME RENOVATION RESCUE & NOT FOR THE FEINT-HEARTED!!!

If you have the vision, and aren’t scared of a little hard work, this could become a virtual CASHCOW!!! A perfect Self Managed Super Fund purchase… An ideal Buy, Value-Add, Hold project!

This complex includes nine currently uninhabitable transportable ‘donger’ style, independent (no common walls) residences each with their own carports and (some with, and the rest with the ability to) fenced off yards or potentially added carport space.

With a potential *rental income of conservatively $70K PA as fixed term leases (based on $150/wk/unit) and potentially in excess of $150K PA as casual per night accommodation option (based on 50% occupancy, $100 per unit per night) there is money to be made here if you know what you are doing.

The basics:
*18 Bedrooms in total
*9 Bathrooms / combined Laundries,
*9 Kitchens / Dining / Lounge rooms
*Strata Plan S046035 Total Land Area – 2689m2 Unit size – approx 44m2each
*Shire Rates $7,823 PA
*Water Rates $8,447 PA
* Strata Fees – ( currently only to cover Strata Insurance) $1,900 approx PA

The town of Laverton is situated in the Eastern Goldfields and is surrounded by many Mining Operations, both current and in exploration or development stage – including but not limited to gold, nickel, lithium and rare earths. The town is about to undergo a resurgence based on these many and varied new projects, making this an investment in your future.

Please contact me for further information, Sonia 0407 196 253

*Potential Rental Income is based on Sonia’s qualified opinion deduced from current availability and rental expectations in the town. All information about Mining projects and the future investment in the town should form part of your own due diligence prior to making an Offer.

Property Code: 4573