FOR SALE
$1,200,000

1 Forrest Street
Boulder WA 6432

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1500m2
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Outstanding Investment Opportunity – 6 Fully Furnished Units with a Massive 13% Rental Yield in the Heart of Boulder!

Presenting an exceptional opportunity to secure a high-performing investment property with six fully furnished units, strategically located in the vibrant heart of Boulder. This property boasts an impressive 13% rental yield, making it an ideal choice for investors seeking strong returns.
Each unit is thoughtfully designed for comfort and convenience, offering tenants modern, fully equipped spaces that are ready for immediate occupancy.
The owner is currently leasing the 6 units on Airbnb.
-1A & 1B are currently leased on a periodic basis at $1,200 per week.
-1C will be leased to a company for $1,200 per week for 9 months.
-1D is currently leased on a periodic basis at $240 per night.
-1E is currently leased on a periodic basis at $3,200 per month.
-1F leased at $180 per night.
However, if you are looking for a long term leased, the rental appraisal for this units are $460-480 per week for the 2 x 1 furnished units or - $550-$570 per week for the 3 x 2 furnished unit. Estimated total of $2,850-$2,970 on a long-term rental basis with 13% Return.
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Property Details for 1 Forrest St, Boulder

1 Forrest St, Boulder is a 2 bedroom, 1 bathroom BlockOfUnits. The property has a land size of 1500m2. The place is currently for sale with First National Real Estate Kalgoorlie.

Building Type
BlockOfUnits
Land Size
1500m2

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About Boulder 6432

The size of Boulder is approximately 4.3 square kilometres. It has 7 parks covering nearly 8.4% of total area. The population of Boulder in 2011 was 5,358 people. By 2016 the population was 4,815 showing a population decline of 10.1% in the area during that time. The predominant age group in Boulder is 0-9 years. Households in Boulder are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Boulder work in a machinery operators and drivers occupation. In 2011, 61.2% of the homes in Boulder were owner-occupied compared with 60.4% in 2016.

Boulder has 2,623 properties. Over the last 5 years, Houses in Boulder have seen a 97.93% increase in median value, while Units have seen a 80.34% increase. As at 31 October 2024:

  • The median value for Houses in Boulder is $302,346 while the median value for Units is $256,437.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 28 properties listed for sale, and 12 properties listed for rent in Boulder on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Boulder.

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Wanil Cho
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First National Real Estate Kalgoorlie
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