Esperance Domain | House of the Week: A pleasing addition to your portfolio

House of the Week

30 BED | 20 BATH | 14 CAR

  • Address: 1 Hamersley Street, Esperance
  • Price: $2,100,000
  • Agency: Thorp Realty
  • Contact: Keith Ogley
  • Inspect: 0427 714 714 or 9071 2100

Don't miss this rare opportunity to purchase a large landholding with extensive infrastructure situated in close vicinity to the central business district, Bay of Isles Leisure Centre and Greater Sports Ground.

To be sold as a going concern, located on the corner of Hamersley and Jane Streets, Esperance and known as Eldorado Flats, this location offers a unique investment opportunity.

Situated on 5058 square metres of land and comprising of twenty units, the asking price of $2,100,000 means each unit is priced at approximately $105,000.

There are two three-bedroom units which offer open living, one-bathroom and a laundry.

The renovated units have a combined bathroom/laundry.

The 11 two-bedroom units offer identical layouts which include an open living area and bathroom/laundry.

Finally, the seven one-bedroom units feature an open living area and a combined bathroom/laundry.

Based on 2017's rental income, the gross rental yield on this property is 8.2 per cent. This would be a quality addition to any rental portfolio.