Reiwa Reiwa
10 Hanbury Street, Kalgoorlie WA 6430

10 Hanbury Street, Kalgoorlie WA 6430

Listed price: Expression of interest
Sold
Sold: 21 Jun 2025

6 Bedrooms

6 Bathrooms

Landsize 943m2

House

Contact the agent

Iris Haynes

0420471461

John Matthew & Sons


Investor Alert – Strong Returns in the Heart of the Goldfields

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.

Nearby schools

Eastern Goldfields College Secondary Government 0.4km
East Kalgoorlie Primary School Primary Government 0.7km
St Mary's Primary School Primary Non-government 0.9km
Kalgoorlie Primary School Primary Government 0.9km
South Kalgoorlie Primary School Primary Government 1.6km
John Paul College Secondary Non-government 1.7km
Kalgoorlie-Boulder Community High School Secondary Government 2.1km
Eastern Goldfields Education Support Centre Secondary Specialist 2.1km
North Kalgoorlie Primary School Primary Government 2.1km
O'Connor Education Support Centre Primary Specialist 3.4km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4923056