8 Grevillea Ave, Kununurra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 447m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Opportunity to purchase this 4 bedroom 2 bathroom home built by CWD in 2008 which has been under a GROH lease since completion. Built for investment purposes to GROH specifications at the time of construction, the home offers a spacious living/dining area kept cool with the ceiling cassette air conditioning, modern kitchen with practical layout, stainless steel appliances, and handy little appliance nook. The bedrooms offer built in robes, air conditioners and ceiling fans, there is an ensuite and large walk in robe to the main bedroom and a secondary main family bathroom. The lease was recently renegotiated to $800 per week, almost an 8.6% gross return! The lease expires in March 2023 however the tenants did want to renew for 3 years due to the shortage of suitable housing in Kununurra. If you are looking for a reliable investment property with excellent rental history, with a secure government lease, look no further! Prices of 4 x 2 homes are actively increasing in Kununurra so the time to buy is now - without delay!
Water Rates: approx $1463pa
Shire Rates: TBA
The size of Kununurra is approximately 2,173.9 square kilometres. It has 15 parks covering nearly 28% of total area. The population of Kununurra in 2011 was 5,525 people. By 2016 the population was 5,318 showing a population decline of 3.7% in the area during that time. The predominant age group in Kununurra is 0-9 years. Households in Kununurra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kununurra work in a professional occupation. In 2011, 35.7% of the homes in Kununurra were owner-occupied compared with 34.6% in 2016.
Kununurra has 2,819 properties. Over the last 5 years, Houses in Kununurra have seen a 59.01% increase in median value, while Units have seen a 117.03% increase. As at 31 October 2024:
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