OFF MARKET

1A Forrest Street
Boulder WA 6432

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 230m2
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Last updated 9 Sep 2024
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Property Details for 1a Forrest St, Boulder

1a Forrest St, Boulder is a 2 bedroom, 1 bathroom Unit. The property has a land size of 230m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Land Size
230m2
Local Government
Kalgoorlie-Boulder
Lot/Plan
2/P222097

Last Listing description (September 2024)

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.Key Features:- 6 fully furnished units, ready for occupancy- Attractive 13% rental yield - exceptional return on investment- Centrally located in the heart of Boulder- You'll be a 4-minute walk from Loopline Railway Museum and 6 minutes by foot from Boulder Pharmacy Museum. This apartment is 0.6 mi (0.9 km) from Goldfields War Museum and 0.7 mi (1.1 km) from Super Pit.- Low-maintenance property with solid rental history- Ideal for savvy investors seeking passive income with high cash flow- Council Rates $5,722.24- Water Rates $285 ApproxWhether you're expanding your portfolio or stepping into the investment market, this property offers stability and strong financial returns. Don't miss out on this rare opportunity to secure a prime investment in a thriving community!- Private viewings by appointment only.For inquiries or to schedule a viewing, please contact Wanil Cho on 0421737607.

Property History for 1a Forrest St, Boulder, WA 6432

A timeline of how this property has performed in the market
Last Sold
$65,320
20 Nov 2018
  • 11 Sep 2024
    Listed for Sale $1,200,000
  • 20 Nov 2018
    Sold for $65,320
  • 16 Apr 2012
    Sold for $180,000
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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 2,620 properties. Over the last 5 years, Houses in Boulder have seen a 63.62% increase in median value, while Units have seen a 66.92% increase. As at 31 August 2024:

  • The median value for Houses in Boulder is $289,512 while the median value for Units is $250,658.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 22 properties listed for sale, and 10 properties listed for rent in Boulder on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Boulder.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.