Reiwa Reiwa
1 President Street, Kalgoorlie WA 6430

1 President Street, Kalgoorlie WA 6430

$1,100,000

New

8 Bedrooms

4 Bathrooms

Landsize 1,290m2

Apartment

Contact the agent

Iris Haynes

0420471461

John Matthew & Sons


Rare Investment Opportunity – 4 Fully Self-Contained Units with ~10% Yield

Ideal for SMSF Investors | Central Kalgoorlie Location | Multiple Income Streams

If you’re looking to diversify your portfolio with a high-yielding, low-maintenance investment, this is your golden opportunity.

Comprising four individual, street-front homes, this property offers a combined gross rental yield of nearly 10%—a rare return in today’s market. All of the four units are already tenanted, you can start earning from day one.

Perfect for investors looking to leverage their superannuation, this set of units provides the stability of brick-and-mortar investment, multiple rental incomes, and minimal upkeep.

Property Snapshot:

• 4 x 2-bedroom, 1-bathroom units,
• Unit 1 – Tenanted at $470/week (Rental Appraisal $500/week)
• Unit 2 – Tenanted at $520/week
• Unit 3 – Tenanted at $540/week
• Unit 4 – Tenanted at $500/week
• Total potential rental income: $2,030 per week | $105,560 annually

Each home includes:

• Open-plan living, meals & kitchen area
• Reverse cycle air conditioning
• Electric cooking appliances
• Secure, low-maintenance yard
• Single carport + off-street parking
• Ideal lock-and-leave setup for tenants

Large Lot Size:

• 1,290m2 (approx.)
• R40 Zoning
• Option to add granny flat (STCA) for further income

Low Overheads:

• Water rates: Approx. $1,160.00 for all four units, per annum,
• Total council rates: Approx. $7,367.29 for all four units (2024/2025)
• No strata fees as all on one title

Prime Location for Tenants:

• Walking distance to major amenities including:
o Kalgoorlie Central Shopping Centre (Coles & Woolworths)
o Kingsbury Park, TAFE, Curtin University (WASM)
o Public transport and local schools

Why This Investment Works for SMSF:
• Secure, tangible asset with proven rental demand
• Multiple income streams spread risk
• High cash flow to boost your super balance
• Potential for capital growth in a sought-after regional center

Invest smart, earn strong, and build a property portfolio that works for your future.

Connect with Iris Haynes 0420 471 461 for more detailed information.

Nearby schools

Eastern Goldfields College Secondary Government 0.2km
East Kalgoorlie Primary School Primary Government 0.9km
Kalgoorlie Primary School Primary Government 1.1km
St Mary's Primary School Primary Non-government 1.1km
South Kalgoorlie Primary School Primary Government 1.2km
John Paul College Secondary Non-government 1.4km
Kalgoorlie-Boulder Community High School Secondary Government 1.7km
Eastern Goldfields Education Support Centre Secondary Specialist 1.7km
North Kalgoorlie Primary School Primary Government 2.2km
O'Connor Education Support Centre Primary Specialist 2.9km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4943195