2/269 Forrest Street, Kalgoorlie, WA 6430

$569,000

Unit
Type
3
Bedrooms
2
Bathrooms
2
Parkings
253 m²
Area

Published on Friday, October 09, 2026 ( See property details for 2/269 Forrest Street, Kalgoorlie, WA 6430)

$569,000

Iris Haynes Senior Property Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance freestanding unit in central Kalgoorlie offering secure, government-backed rental income until 2027.

🏡 Property Highlights

  • Secure government-backed tenancy until April 2027 with $750 weekly rent
  • No strata fees in a small strata complex, reducing ongoing costs
  • Modern brick and iron construction built in 2012 with low-maintenance design
  • Prime central Kalgoorlie location offering convenience and accessibility
  • Open-plan living area with neutral colours and recent repaint in 2024
  • Enclosed, low-maintenance yard with established lawn and garden shed

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Outdoor Area
  • Garden / Courtyard
  • Double Carport
  • Security Screens / Gates
  • Water tank
  • Fly Screens
  • Ceiling Fans

Kalgoorlie offers a vibrant mining community with a rich history, excellent amenities, and a strong rental market. Its central location provides easy access to shops, schools, and transport, making it an ideal choice for investors and residents alike. The area boasts a friendly community atmosphere and consistent demand for quality rental properties.

What are the key features of this investment property?
This property features three bedrooms with built-in or walk-in robes, an ensuite in the main bedroom, an open-plan kitchen and living area, a covered outdoor entertaining space, and a low-maintenance enclosed yard.
Is the property currently leased and what is the rental income?
Yes, the property is leased to GROH at $750 per week until 8 April 2027, providing an annual rental income of $39,000.
What are the ongoing costs associated with this property?
Annual outgoings include approximately $3,137.72 in council rates and around $300 for water service connection. There are no strata fees.
What makes this property a good investment opportunity?
The property offers a secure, government-backed lease, a high gross rental yield of approximately 6.85%, and no immediate maintenance requirements, making it a reliable income stream.
What is the condition and recent updates of the property?
The property was built in 2012, with recent repainting completed in 2024, and routine inspections have recorded no immediate maintenance issues.
Are there any upcoming or planned developments in the vicinity that could affect the property's value or livability? Are there any easements, zoning restrictions, or planning overlays that could impact future renovations or use? Has the property been inspected for structural issues, pests, or other defects not visible during routine inspections? Are there any additional costs or fees associated with the small strata complex beyond what has been disclosed? Is the property located in a flood or bushfire-prone area, and what mitigation measures are in place? Are there any restrictions or covenants on the property that could limit modifications or extensions? What are the terms of the lease with GROH, and are there any conditions that could change at the end of the lease period? Are there any planned infrastructure projects or construction works nearby that could cause noise or disruption? Is the fencing around the property compliant and in good condition to ensure security and privacy? Are there any known issues with the water or electrical services that could incur additional costs?

2/269 Forrest Street, Kalgoorlie, WA 6430 - More Details

$569,000

Investors searching for a secure rental return with a government-backed tenancy should take a closer look at this freestanding unit.
Currently leased to GROH at $750 per week until 8 April 2027, the property offers immediate rental income from settlement. With no strata fees (in a small strata complex) to pay, this is a straightforward investment opportunity in a convenient central Kalgoorlie location.
Inside Features

• Three bedrooms with built in robes or walk in robes
• Main bedroom with private ensuite
• Family bathroom with shower and bathtub
• Open-plan kitchen, dining and living area
• Practical kitchen with gas cooktop, electric oven and good storage
• Separate laundry and storage area
• Neutral colours throughout (repainted in 2024)
• Ducted evaporative air conditioning
• Functional, low-maintenance layout

Outside Features
• Freestanding only the carport is connected (small strata complex)
• Approximately 253m² strata lot - floorplan is 116m2 approx.
• Brick and Iron construction - built in 2012
• Covered outdoor entertaining area
• Enclosed, low-maintenance yard
• Established lawn area
• Garden shed
• Double Carport
• Good fencing all around

Investor Snapshot
• Current rent: $750 per week
• GROH lease until 8 April 2027
• Annual rental income: $39,000
• Approximate gross rental yield: 6.85%
• Government-backed tenancy
• No immediate maintenance requirements were recorded in the April 2026 routine inspection

Outgoings
• Council rates: $3,137.72 per annum for 2026/27
• Water service connection fee: Approximately $300 per annum
• Strata fees: Nil

For more information connect with Iris Haynes the Real Estate Pocket Rocket in Kalgoorlie-Boulder on 0420 471 461.


Type
Unit
Bedrooms
3
Bathrooms
2
Parkings
2
Area
253 m²
House Size
116 m²

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