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Unit 9, 67 Newcastle Road, Northam

FROM $350,000

2 1 134m2

STRATA UNIT - TENANTED - INVESTMENT OPPORTUNITY

Investors Only

 

A fantastic investment opportunity currently with long term tenants lease expiring September 2026, occupied since 2022! The unit features 2 bedrooms and 1 bathroom, located on ground level.

 

 

Current tenancy is achieving $410 per week with a fixed lease expiry 30th September 2026, relevant notice is required for viewings.  6.1% Gross Return

 

Built in the 1980’s the characteristic brick walls of this time extend through the unit. The open plan living features a reverse split system cycle and tiling in the lounge with gas cooking in the kitchen.

 

Both bedrooms are carpeted with ceiling fans. All wet areas are tiled, with the bathroom consisting of a shower, toilet and vanity. The gas hot water system is housed under the rear patio.

 

The complex houses 12 units with this unit being approx. 70m² with the yard being approx. 61m² for a total approximate area of 134m².

 

Shire Rates: $1,594 approx. per annum          

Strata Levies: Payable in instalments, disclosure statement to dictate.   

Sewerage available and connected.

 

Please see below link for videos of property: 

 

9/67 Newcastle Road NORTHAM | Flickr

 

Key Info
Water Rates: $1,603.19 approx. pa water consumption is paid through Strata.
Shire Rates: $1,594. 00 approx. pa
Zoned: R30
Year Built: 1980
Land Size: 134m²
Floor Area: 70m²

 

Disclaimer - Whilst every care has been taken in the preparation of this document, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters.
Details herein do not constitute any representation by the Vendor or the Agent and are expressly excluded from any contract

All information provided in the document regarding boundaries/fences etc are an estimate only and the prospective purchases should make their own enquiries to ensure they are satisfied with their purchase.

 

2 1 134m2

Details

Address Unit 9, 67 Newcastle Road, Northam
Price FROM $350,000
Property Type Residential
Property ID 2148
Category Unit
Land Area 134m2
Floor Area 70m2

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