FOR SALE
$1,075,000

35 Rowan Street
Derby WA 6728

Bedrooms: 8
Bathrooms: 4
Car spaces: 8
Land area: 2028m2
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OUTSTANDING UNIT COMPLEX

Representing Great value well under replacement costs, 35 Rowan Street is Fully fenced with access from Rowan and Hardman St, Only 350 meters from the Central Business District area, currently with four established dwellings with instant rental returns, located across a 2024m2 block, with enough room for another 2 apartments or more if you want to builder 2 story dwellings. This property will expand your investment portfolio perfectly. IDEAL FOR SELF CONTAINED ACCOMMODATION - (STSA). or Staff Accommodation, Each apartment has two bedrooms with robes, -open plan kitchen, meals, living, gas or electric cooking, solar hot water, bathroom with shower, bath and vanity, laundry plus a single carport and an exclusive fenced of areas. This is a prime investment property with room to improve and the location cannot be beaten in terms of convenience. All apartments are on the one title with "no- body strata corporation and shall be sold together as one. Call me today Peter Burns 0407911696 Hutchinson Real Estate.
• Rental Income $68,900
• Shire Rates $10,600.00
• Water Rates $6,100.00

Property Details for 35 Rowan St, Derby

35 Rowan St, Derby is a 8 bedroom, 4 bathroom House with 8 parking spaces. The property has a land size of 2028m2. The place is currently for sale with Hutchinson Real Estate.

Building Type
House
Land Size
2028m2

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About Derby 6728

The size of Derby is approximately 162.4 square kilometres. It has 5 parks covering nearly 0.4% of total area. The population of Derby in 2011 was 4,865 people. By 2016 the population was 3,523 showing a population decline of 27.6% in the area during that time. The predominant age group in Derby is 0-9 years. Households in Derby are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Derby work in a professional occupation. In 2011, 36.1% of the homes in Derby were owner-occupied compared with 27.1% in 2016.

Derby has 1,833 properties. Over the last 5 years, Houses in Derby have seen a 16.28% increase in median value, while Units have seen a 156.17% increase. As at 30 November 2024:

  • The median value for Houses in Derby is $243,332 while the median value for Units is $270,149.
  • Houses have a median rent of $430 while Units have a median rent of $453.
There are currently 25 properties listed for sale, and 3 properties listed for rent in Derby on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Derby.

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Peter Burns
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