22 Cypress Street, Rangeway WA 6530

Offers Above $399,000

3 beds

1 baths

1 parking

Over 1,000sqm, Brick & Tile, 5%+ RETURN!

THE PROPERTY
Yes, you read that heading correctly.

Brick and tile, over 1,000sqm of land, tenant already in place and a rental return of over 5%! Those are numbers that stack up for any savvy investor, in any market.

With a tenant secured until July 2027 returning $450 per week, this is an investment where the hard work has already been done. There is no searching for a tenant, no immediate vacancy to worry about and income from day one.

Better still, you are buying a solid brick and tile home sitting on a huge block of more than 1,000sqm, something becoming increasingly difficult to find at an affordable price point.

Location adds another tick to the list. Schools and ALDI are within walking distance, while Geraldton's CBD, beaches and major amenities are only a few minutes away by car. For tenants, that convenience matters. For investors, it helps make a property like this easy to hold long term.

In a market where investors need to look beyond the purchase price and actually make the numbers work, 22 Cypress Street deserves attention.

Solid construction, huge land holding, established tenant, 5%+ return, the numbers speak for themselves.

WHO TO CONTACT
For further information or to arrange your inspection, contact:
Dave Rawlingson
Property Partner | The Agency
[email protected]

Joel Winkley
Property Partner | The Agency
[email protected]

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 1
• Toilets: 1
• Carport Spaces: 1
• Land Area: 1,037 m² (approx)