Reiwa Reiwa
25 Hale Street, Rangeway WA 6530

25 Hale Street, Rangeway WA 6530

Listed price: Offers above $900,000
Sold
Sold: 18 Jun 2025

8 Bedrooms

4 Bathrooms

2 Cars

House

Contact the agent

Michael Cotton

0427393333

Professionals Geraldton


Solid Investment Opportunity - Fully Leased 4-Unit Complex

Located at 25 Hale Street, Rangeway, this well-maintained 4-unit complex presents an exceptional investment opportunity. Each of the four units features 2 bedrooms and 1 bathroom, offering practical layouts suited to a range of tenants. Constructed from solid double brick with classic brick and tile finishes, these homes are built to last and easy to maintain.

All four units are currently leased, providing immediate rental income for the savvy investor. Set on a generous 1,606sqm block, the complex also boasts spacious patios and spacious backyards for each unit, adding genuine appeal for tenants and increasing overall liveability.

Neat, tidy, and low-maintenance, this property is ideal for those looking to expand or start their investment portfolio with a high-performing asset. With a potential gross rental return estimated at around 8.78%, based on rental appraisals, the numbers here truly stack up.

Opportunities like this are rare - a full complex, fully leased, and offering solid returns in a regional market with growing demand. Don't miss your chance to secure a quality property with income from day one.

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our 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 & purchasers should make their own enquiries to satisfy themselves on all 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  
  • Garages 2

Cost breakdown

  • Council rates: $7,750 / year
  • Water rates: $289 / year

Nearby schools

St John's School Primary Non-government 0.4km
Rangeway Primary School Primary Government 0.7km
Champion Bay Senior High School Secondary Government 1.1km
Mount Tarcoola Primary School Primary Government 1.7km
St Francis Xavier Primary School Primary Non-government 1.8km
Geraldton Senior High School Secondary Government 1.9km
Nagle Catholic College Secondary Non-government 2.2km
Holland Street School Combined Specialist 2.2km
Geraldton Flexible Learning Centre Secondary Non-government 2.2km
Geraldton Primary School Primary Government 2.3km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4926415