This 4 bedroom 1 bathroom very extensive and spacious home is a fantastic investment for the right buyer. This property is currently returning $1500.00 per week with an existing lease in place until the 13th November 2027.
Located in the small outback town of Meekatharra it that is the regional service centre for the Midwest Region of WA with a population of less than 1000 people. Meekatharra is located more than 750kms from the city of Perth and over 530kms from the coastal city of Geraldton so this investment is not for everybody. The current owner manages this property herself and any future owner would need to be aware that there is no professional property management available. But saying this, this is an incredible return.
This property was previously run as an extremely successful Holiday Home with 5 star ratings and comes fully furnished at no extra cost to the buyer.
Do your sums and decide if you are up for the challenge.
For further information contact exclusive listing agent Liz Northcote on 0429 230 015.
• $1,500 per week rent return until 13-11-2027
• Water Rates – $580.00 approx. per annum