This is an exceptional opportunity to acquire a fully tenanted, income-producing asset in one of Western Australia's strongest rental markets.
Kalgoorlie-Boulder continues to attract investor interest thanks to its resilient mining-based economy, low vacancy rates, and consistent demand for rental accommodation.
Investment Snapshot:
• 6 fully furnished, self-contained mining cottages
• Separate, fully equipped laundry facility for tenant use
• 943m² (approx.) block, zoned R60 – potential for future development
• Off-street parking and an on-site caretaker
• Self-managed with a solid tenancy track record
Financial Highlights:
• Current gross rental income: $1,750 per week
– 5 cottages at $300 per week
– Caretaker residence at $250 per week
• Consistent occupancy
• Rental vacancy in Kalgoorlie-Boulder: approximately 1.2%
– Our office at John Matthew and Sons Real Estate
- vacancy rate: just 0.86% (May 2025)
Outgoings:
• Council Rates (FY 2024–2025): $9,664.58
• Water charges (Jan 2025): $486.67
• NBN internet: $109 per month
This is a low-maintenance, high-yield investment with excellent cash flow from day one. The setup is complete and performing, making it an ideal choice for investors looking for immediate returns and minimal hassle.
Why Kalgoorlie-Boulder?
• A key centre in Australia’s gold mining industry
• Ongoing demand for short to medium-term rental accommodation
• Well connected to Perth (600km by road, rail or air)
• Economic resilience and growing tourism sector add long-term value
Contact Iris Haynes today to request the full information pack or arrange an inspection – in person or via video.
This is a standout opportunity in a tightly held market.
This property at 10 Hanbury Street, Kalgoorlie is a six bedroom, six bathroom house sold by Iris Haynes at John Matthew & Sons on 21 Jun 2025.
Looking to buy a similar property in the area? View other six bedroom properties for sale in Kalgoorlie or see other recently sold properties in Kalgoorlie.
Are you interested in buying, renting or investing in Kalgoorlie? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
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