64 Angove St, Norseman, WA 6443

Block of Units 8 4 5
Price: $690,000 - $759,000
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Unique Investment Opportunity in Norseman WA
The Phone Code for this property is: 29882. Please quote this number when phoning or texting.

**Second Chance: Property Available!**

We apologize to previous inquirers for the delayed marketing of this property.

An offer was received for the property before the owners travelled overseas for a month-long stay. However, this subject-to-finance offer did not proceed. The owners are back in Australia, available to answer enquiries, and are now focused on selling the property.

The property comprises a complex of four fully furnished, decorated, and equipped self-contained two-bedroom brick and tile apartments. It features brand new, efficient, Australian-made air conditioning units ready for summer. The yard is securely fenced and includes beautifully landscaped gardens, a BBQ area, and a playground.

A secure lease for the entire complex began in July 2025 with a government department intended for essential hospital staff accommodation. This lease has a duration of 2 years, with an option to renew for an additional 2 years.

The terms of this lease offer a solid gross return on investment (ROI) of 15-20%. This unique property and location present a potential opportunity for self-managed super funds.

The complex has previously operated as a very successful short-term accommodation in Norseman, but after nine years, the owners are looking to simplify their lives, retire, and travel.

If you would like to explore this opportunity further, please don't hesitate to contact us. We would be happy to answer any questions you may have.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Features

Furnished, Heating, Renovated, Renovated Bathroom, BBQ, Entertainment Area, Garden, Garden Shed, Security Lights, Security Windows, Close to Parklands, Close to Schools, Close to Shops, Quiet Location, Air Conditioning, Built-ins, Gas Enabled, Internal Laundry, Pay TV Enabled, Broadband, Courtyard, Living Area, Fully Fenced

From your first property enquiry to final sale, your BAFC settlement agent is there to guide you through the exciting process of selling and purchasing real estate. Call (08) 9335 9133 or email anne@bafc.com.au.

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Contact the Owner
Phone or Text: 0488 847 018
Enter Phone Code 29882 when prompted.