184B Hare Street, West Lamington WA 6430

Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 1

Description: UNDER OFFER Eastern states investors tired of low yields and high holding costs? This is the shift. Leased to the WA Housing Authority until August 2028, this is a secure, high-performing asset delivering strong income from day one. The Property 3-bedroom, 1-bathroom brick/veneer home Open plan living, dining with updated kitchen and bathroom Practical layout suited to long-term tenancy Not located in a bushfire or flood zone Investment Snapshot $720 per week rental income Lease secured to August 2028 Rent review due June 2026 Reliable tenant in place since August 2021 Low vacancy risk No strata fees 2-lot subdivision, both with street frontage 496m² block | 119m² home Why This Outperforms Approx. 8% gross yield Perth typical yields: ~4%5% Sydney/Melbourne: ~2.5%4% Strong cash flow from day one Lower holding costs, less reliance on growth Tight local rental market supporting demand Income & Outgoings $37,440 annual income Estimated Outgoings Rates: ~$2,400 Water: ~$300 Management: ~$3,180 Maintenance: ~$1,000 Insurance: ~$1,500 Total: ~$8,380 Condition Updated kitchen and bathroom Well maintained by current owners Presented in good condition throughout No immediate maintenance required Why This One Performs Government leases with strong weekly rent are tightly held. Add low maintenance, no strata fees and proven tenant stability this is a clean, reliable investment. Secure This Investment Contact Iris Haynes on 0420 471 461 if you are interested in this property and like to get more information