31/406 Hay Street, Somerville, WA 6430

Offers From $450,000

Unit
Type
2
Bedrooms
2
Bathrooms
2
Parkings
189 m²
Area

Last updated on Thursday, July 09, 2026 ( See property details for 31/406 Hay Street, Somerville, WA 6430)

Offers From $450,000

Elliot Briers Senior Sales Consultant - Sales Manager
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This modern 2-bedroom, 2-bathroom unit in a secure complex offers low-maintenance living with excellent investment potential and long-term lease in Somerville, WA.

🏡 Property Highlights

  • Leased to GROH until 2029 with a strong rental income of $650 per week
  • Secure complex in a sought-after location
  • Low-maintenance courtyard and inviting rear patio
  • Two spacious bedrooms with built-in robes
  • Two modern bathrooms for convenience
  • Two allocated parking bays for residents

✨ Key Features

  • Open-Plan Living
  • Garden Shed
  • Outdoor Area
  • Built-in Robes
  • Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Balcony
  • Ensuite
  • Waterfront / Views

Somerville is a highly sought-after suburb known for its convenient location and community atmosphere. Key points include excellent local amenities, easy access to transport links, a peaceful environment, well-maintained parks, and a strong rental market, making it ideal for investors and residents alike.

What is the condition of the property and its recent updates?
The property was built in 2010 and has been well-maintained, featuring modern fixtures and an open-plan layout that is move-in ready.
What are the strata fees and what do they cover?
Strata fees are approximately $460.90 per quarter and typically cover maintenance of common areas, security, and shared facilities within the complex.
Is the property suitable for future renovations or extensions?
As a modern unit built in 2010, any renovations or extensions would need to comply with local council regulations and strata approval processes.
What amenities are available within the complex?
The complex offers secure parking, well-maintained communal areas, and a peaceful environment ideal for residents and tenants.
What is the rental yield and potential for capital growth?
With a current lease at $650 per week and a sought-after location, the property offers attractive rental yield and potential for future capital appreciation.
Are there any upcoming strata fee increases or special levies planned for the complex? Are there any restrictions or by-laws within the complex that could affect future modifications? Is the property located in a flood or bushfire-prone area? Are there any planned developments or zoning changes in the vicinity that could impact the property? What are the total ongoing costs including rates, strata, and maintenance? Are there any existing or past issues with pests, structural defects, or water ingress? Is the property compliant with all building and safety regulations? Are there any easements, covenants, or restrictions affecting the property? What is the history of the property's occupancy and maintenance? Are there any planned community or infrastructure projects nearby that could affect the area’s desirability?

31/406 Hay Street, Somerville, WA 6430 - More Details

Offers From $450,000

Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
2
Area
189 m²

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