View
Prime Investment Opportunity - Sought-After Complex!
Opportunities like this don't come up often-and when they do, they're snapped up fast! Leased to GROH with a fantastic rental return, this is an investor's dream!
Features include:
• 2 Bedrooms both with built-in robes
• 2 Bathrooms
• 1 Toilet
• Open plan kitchen, living and dining
• Evaporative cooling throughout
• Natural gas for cooking and HWS
• Electric oven
• Small back patio
• Garden shed
• Single undercover carport
• 195m2
• Built approx. 2010
• Currently leased to GROH for $575 pw until 8/11/25 with a 1 year option to renew
• Strata levies - $1865.60 pa
• Council rates - $2,371.00 pa
• Water rates - $285.00 approx. pa
A set-and-forget investment in a secure, high-demand complex! Don't wait-snap up this low-maintenance gem today!
**Conjunctionals Welcomed
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy can not be guaranteed. To the best of out knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on the pertinent matters. Details herein do not constitute any representation by the owner or the agent and are expressly excluded from any contract.
Property features
-
Air conditioned
-
Carports
1
-
Toilets
1
-
Floor area
83m2
Property snapshot by reiwa.com
This property at 22/406 Hay Street, Somerville is a two bedroom, two bathroom house sold by Larissa Todd and Jessica Warren at Professionals Platinum on 26 May 2025.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Somerville or see other recently sold properties in Somerville.
Cost breakdown
-
Council rates: $2,371 / year
-
Water rates: $285 / year
-
Strata fees: $466 / quarter
Nearby schools
Somerville overview
Are you interested in buying, renting or investing in Somerville? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Somerville offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.
Somerville quick stats
High end
$717k
Median
$550k
Low end
$445k
This listing
2.8 %
Annual growth
$550k
Annual median sales price
$800pw
Annual median rental price
Contact the agent
