SOLD
Sold on 16 Jan 2024 for $255,000

23A Zuytdorp Court
Mahomets Flats WA 6530

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 445m2
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Property Details for 23a Zuytdorp Ct, Mahomets Flats

23a Zuytdorp Ct, Mahomets Flats is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 445m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom Unit sold in Mahomets Flats in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
85m2
Land Size
445m2
Local Government
Greater Geraldton
Lot/Plan
1/S062459

Last Listing description (February 2024)

NOW UNDER OFFER

Sensational coastal investment opportunity in Geraldton's beach side suburb of Mahomet Flats, two brick and tile duplexes that both are on their own separate title - The properties are being offered for sale in one line together.

All the work has been done here with the two properties receiveing their own certificates of title in 2018. Both the units are currently tenanted periodically with the tenants currently paying $230 per week in 23A and $250 per week in 23B. Both tenants have indicated they would ideally like to stay on if the option existed so this is ideal for investors who wish to simply walk in without needing to source new tenants and with a proven rental history in place.

As you will note in the photos internally these properties are in very solid condition, sure you can always personalise or upgrade kitchen and bathrooms should you desire however they are perfectly functional in their current state

THINGS YOU SHOULD KNOW

This duplex pair is being offered to the market for the first time in over a decade, the yard area for each unit is really quite significant with plenty of space for garden sheds or further alresco areas if you wish to part take in some redevelopment value adding options down the track.

The current tenants have been in the property long term which speaks volumes for the area that they are in, low turn over of tenancies generally means people enjoy living in the units.

Positioned at the end of a cul-de-sac there is no driveby traffic.

Both units feature their own separate under cover car park, there is also ample parking for visitors to the side of each of the units.

The properties feature security screens and are connected to NBN.

Both units have two bedrooms with robes and a separate bathroom, there is a fairly enclosed lounge room area upon entry to the residences and then when you enter the kitchen there is room for a dinning table.

These are great lock and leave units and ideal for a first time investor to enter the investment market.

INTERESTED?

Please message or email Joel Winkley on 0417 977 593 or email joelw@theagency.com.au to make all offers and to book all inspections, we look forward to being of assistance to you.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 23a Zuytdorp Ct, Mahomets Flats, WA 6530

A timeline of how this property has performed in the market
Last Sold
$255,000
16 Jan 2024
  • 16 Jan 2024
    Sold for $255,000
  • 27 Apr 2022
    Sold for $376,000
  • 26 Apr 2022
    Listed for Sale NOW UNDER OFFER

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About Mahomets Flats 6530

The size of Mahomets Flats is approximately 1 square kilometres. It has 1 park covering nearly 2.1% of total area. The population of Mahomets Flats in 2011 was 866 people. By 2016 the population was 835 showing a population decline of 3.6% in the area during that time. The predominant age group in Mahomets Flats is 50-59 years. Households in Mahomets Flats are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mahomets Flats work in a professional occupation. In 2011, 54.4% of the homes in Mahomets Flats were owner-occupied compared with 57.4% in 2016.

Mahomets Flats has 510 properties. Over the last 5 years, Houses in Mahomets Flats have seen a 107.47% increase in median value, while Units have seen a 84.05% increase. As at 31 October 2024:

  • The median value for Houses in Mahomets Flats is $445,084 while the median value for Units is $314,129.
  • Houses have a median rent of $500 while Units have a median rent of $388.
There are currently 4 properties listed for sale, and no properties listed for rent in Mahomets flats on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Mahomets flats.

Suburb Insights for Mahomets Flats 6530

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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.