{"Slug":"unit-7-23-forrest-street-kalgoorlie-wa-6430","CanonicalUrl":"https://realsearch.com.au/unit-7-23-forrest-street-kalgoorlie-wa-6430","Address":"7/23 Forrest Street, Kalgoorlie, WA 6430","Suburb":"Kalgoorlie","State":"WA","Postcode":"6430","PropertyType":"Unit","Status":"For Sale","Headline":null,"Description":"Looking for an investment with an established tenant and a longer lease already in place? This two-bedroom brick unit deserves a closer look.Leased to WA Country Health Service (WACHS), the lease was renewed in June 2026 for a further two years at $580 per week. At the asking price of $375,000, that represents an approximate 8.0% gross rental yield.With improvements completed before WACHS moved in during 2024, this is a straightforward option for investors who value lease certainty and a property that is being well cared for.Features•\tTwo bedrooms with build in robes•\tOne living area•\tKitchen and dining space•\tCombined bathroom and laundry•\tSeparate toilet•\tElectric cooking and hot water •\tEasy to maintain Courtyard with garden shed•\tBrick construction (1996)•\t137m2 allotment and 58m2 Floorplan (approx.)Improvements Completed in 2024•\tNew carpet in both bedrooms•\tNew blinds in the bedrooms, lounge and at the sliding door•\tPainting and general maintenance Investor Snapshot•\tEstablished WACHS tenancy since 2024•\tCurrent rent: $580 per week (with yearly review)•\t Lease until June 2028•\tAnnual rental income: $30,160•\tApproximate gross rental yield: 8.0%, based on the asking price, before expenses•\tMay 2026 routine inspection recorded the property as being well maintained, with no maintenance required at that inspectionOutgoings•\tProposed strata levy for 2026/2027: $2,142.86 per year•\tCouncil rates: To be confirmed•\tWater connection fee: Approximately $300 per yearAn established health service tenant, a renewed two-year lease and a solid rental return — there is plenty here to catch an investor’s attention.To arrange a viewing please connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder on 0420 471 461","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$375,000 Offers From"},"Bedrooms":"2","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"2"},{"Name":"Bathrooms","Value":"1"},{"Name":"Area","Value":"137 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-30.74557636,"Longitude":121.46897985,"Agent":{"Name":"Iris Haynes","CanonicalUrl":"https://realsearch.com.au/agent/iris-haynes"},"Agency":{"Name":"John Matthew & Sons  - KALGOORLIE","CanonicalUrl":"https://realsearch.com.au/agency/john-matthew-sons-kalgoorlie"},"CreatedAt":"2026-10-07T08:02:07.916356","UpdatedAt":"2026-10-07T08:02:07.9369149"}