For Sale

184B Hare St, West Lamington, WA, 6430

UNDER OFFER Brick investment property ~ 8% Yield with Government Lease

House

Type

Bedrooms

Bathrooms

Parkings

Last updated on Wednesday, April 08, 2026 ( See property details for 184B Hare St, West Lamington, WA, 6430)

$469,000 Offers From

Iris Haynes - Real Estate Agent - John Matthew & Sons - KALGOORLIE

Iris Haynes Senior Property Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, low-maintenance 3-bedroom brick home with secure government lease, offering strong income and high yield in West Lamington, WA.

🏡 Property Highlights

Leased to the WA Housing Authority until August 2028, ensuring secure income
Approximate 8% gross yield significantly higher than Perth, Sydney, and Melbourne averages
Low vacancy risk with a reliable tenant in place since August 2021
No strata fees due to 2-lot subdivision with street frontage
Updated kitchen and bathroom in well-maintained condition
Strong cash flow from day one with minimal ongoing maintenance

✨ Key Features

Open-Plan Living
Built-in Robes
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly
Outdoor Area / Balcony
Internal Laundry

Suburb and Property Insights of West Lamington, WA 6430

West Lamington offers a peaceful, well-established community with strong rental demand, low vacancy rates, and convenient access to local amenities. The area benefits from stable property values, a tight rental market, and a family-friendly environment. Its strategic location makes it ideal for long-term investors seeking reliable income. The neighbourhood is characterized by well-maintained homes and a supportive community atmosphere.

Frequently Asked Questions

What is the current lease term and rental income?

The property is leased to the WA Housing Authority until August 2028, generating $720 per week in rental income.

Are there any strata fees or additional costs?

No, there are no strata fees as the property is part of a 2-lot subdivision with street frontage.

What updates have been made to the property?

The home features an updated kitchen and bathroom, and is well maintained throughout.

Is the property located in a bushfire or flood zone?

No, the property is not located in a bushfire or flood zone, reducing associated risks.

What are the estimated annual outgoings?

Estimated outgoings total approximately $8,380 annually, including rates, water, management, maintenance, and insurance.

What to ask about this property to agent?

Are there any upcoming planning or development proposals in the area that could affect the property? What are the long-term plans for infrastructure or zoning changes in West Lamington? Are there any easements, covenants, or restrictions on the property? Has the property been inspected for any hidden defects or structural issues? Are there any additional costs not disclosed, such as special levies or future maintenance requirements? What are the details of the lease agreement, and are there any conditions that could change? Is the property compliant with all local building and safety regulations? Are there any planned upgrades or renovations expected in the neighbourhood? What is the history of the property's maintenance and repairs? Are there any noise, neighbour, or environmental concerns in the vicinity?

184B Hare St, West Lamington, WA, 6430 - More Details

UNDER OFFER Brick investment property ~ 8% Yield with Government Lease

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1

184B Hare St, West Lamington, WA, 6430 - Point Of Interest

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Your Commute at a Glance: 184B Hare St, West Lamington, WA, 6430

Email Enquiry To John Matthew & Sons - KALGOORLIE

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Iris Haynes

184B Hare St, West Lamington, WA, 6430

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