SOLD
RECENT ADVICE
Sold on 20 Sep 2024 for $439,000

21/35 Premier Street
Hannans WA 6430

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 268m2
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Property Details for 21/35 Premier St, Hannans

21/35 Premier St, Hannans is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 268m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Hannans in the last 12 months.

Building Type
Unit
Land Size
268m2

Last Listing description (September 2024)

This is what you have been waiting for! Are you looking for a secure property investment that is affordable and does not require a lot of upkeep?
Built in 2010 for an owner occupier, who choose quality flooring and appliances. Since the owner moved on over 10 years it has been leased to GROH (Government Regional Officers Housing). The current GROSS rental yield is 8.5% with annual rent adjustments. Rent will be paid if it occupied or not.

Some of the features:

• 3 bedrooms all with built in robes
• 2 bathrooms with quality fit- out
• 3 Toilets (2 upstairs and 1 downstairs)
• Kitchen and dining area
• Separate living area
• Laundry with bench space
• Good storage available (under the stairs and inbuilt)
• Polished wood flooring (Bamboo)
• Updated quality carpets
• Single Carport plus room for second car in driveway
• Private rear lawn and garden area
• Garden Shed
• Ducted evaporative air conditioning
• Gas Bayonets for heating
• Natural Mains Gas Connected

All this located in a sough-after gated complex with a communal pool. The complex is opposite the Hannans Boulevard Shopping centre and close to the International Golf Course, making it attractive for tenants.

• Current weekly rent is $720 per week ( updated rental appraisal $750 per week)
• 52 weeks rent means you get $37,543.90 per year
• Leased to the same tenant since 2013
• Current lease until Feb 2025 PLUS One-year option to Feb 2026
• Tenant have indicated that they want to renew the lease for a further 2-3 year
• Updated rental appraisal $750 per week ( as this is what the other units in the complex get)
• Strata Fees $2,885.40 (pays for building insurance and complex common areas)
• Council Rate $2,658.55 (2024-2025)
• Water Connection Rates $285.00 per year
If you are thinking long-term secure rental yield in a well-established regional area of Western Australia then this is for you.
Get in touch with Iris Haynes to receive further information or arrange an onsite or video viewing.

Property History for 21/35 Premier St, Hannans, WA 6430

A timeline of how this property has performed in the market
Last Sold
$439,000
20 Sep 2024
Listed for Rent
$560/w
01 Feb 2013
  • 05 Sep 2024
    Sold for $439,000
  • 15 Jul 2024
    Listed for Sale Not Disclosed
  • 07 Dec 2013
    Listed for Sale $389,000
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About Hannans 6430

The size of Hannans is approximately 4 square kilometres. It has 5 parks covering nearly 56.9% of total area. The population of Hannans in 2011 was 2,483 people. By 2016 the population was 2,542 showing a population growth of 2.4% in the area during that time. The predominant age group in Hannans is 0-9 years. Households in Hannans are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hannans work in a professional occupation. In 2011, 54.3% of the homes in Hannans were owner-occupied compared with 56.7% in 2016.

Hannans has 1,040 properties. Over the last 5 years, Houses in Hannans have seen a 51.15% increase in median value, while Units have seen a 71.99% increase. As at 30 November 2024:

  • The median value for Houses in Hannans is $500,135 while the median value for Units is $402,366.
  • Houses have a median rent of $750 while Units have a median rent of $690.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Hannans on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Hannans.

Suburb Insights for Hannans 6430

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Contact agent
Iris Haynes
Show contact details
John Matthew & Sons
Preferred contact:
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.