So many profitable possibilities!
1 Weaber Plain road, Kununurra
Unique Property with huge income potential or perfect solution for a business that needs staff accom!
Live in one section, rent out the other sections to pay your mortgage, or an attractive staff housing solution
An achievable way to purchase your own property in a prime location and your tenants pay the mortgage for you!
Main House
Upstairs - 3 bedrooms / 1.5 bathrooms
Downstairs - 3 bedrooms / 2.5 bathrooms
Granny Flat
1 or 2 bedrooms / 1 bathroom
This property has so many possibilities. 1094sqm block with a main house that consists of two self contained separate residences, plus a granny flat at the back of the block. There is a total of 7 to 8 bedrooms, 4 bathrooms, 2 extra separate powder rooms, and undercover parking for up to 8 cars plus extra parking space.
Perfect location with easy walking distance to town centre and waterfront walks. Views from the enormous upstairs outdoor entertaining area looks out to Lily Lagoon waterway.
The main house consists of two separate dwelling areas - upstairs is a self contained 3 bedroom, 1.5 bathroom home with living area, dining, kitchen and featuring a huge entertaining deck, lofty ceilings and modern lines. Downstairs consists of another fully self contained section of the house with 3 bedrooms and 2.5 bathrooms. It features huge bedrooms, all with their own external sliding door entry, living, dining, kitchen, laundry, bathroom, separate toilet and ensuite bathroom for main bedroom. There is an internal stairwell with a lockable door for access upstairs if required. At the rear of the property is a solid 1 or 2 bedroom granny flat consisting of a large main bedroom, bathroom, separate toilet, separate laundry, kitchen/dining and an extra room that can be used as a second bedroom or a lounge area.
A few ideas:
Live in one section of the main house (or in the granny flat) and rent out the other sections. The current owners live in the upstairs section of the main house and rent out the rooms downstairs and the granny flat - sit back and enjoy your space whilst tenants pay the mortgage for you!
Rent out the whole property - perfect solution for staff accommodation for a corporate business, walking distance to town is the perfect solution for staff without their own transport.
Perfect for extended families, with 3 self contained homes.
Live in one section of the property and establish your home business in other areas of the property.
Boarding house or Airbnb - refer to Town Planning Scheme, permitted uses and Planning Scheme map.
Additional features:
Four beautiful Boab trees on the property.
2 huge Kensington Pride Mango trees that produce over 500 mangoes every year.
Other fruit trees including Guava, Lime, Mulberry & Star Fruit.
Solar hot water systems.
Upstairs - main house
Self contained - 3 Bedrooms / 1.5 bathrooms
Massive outdoor deck with outlook to Lily Creek Lagoon.
High ceilings give a feeling of light and space in the living areas upstairs, creating sleek and modern lines.
The kitchen features island bench, glass splashback, huge walk in pantry, loads of cupboard space including built in wine rack and display shelving.
Expansive floor to ceiling storage cupboards in the dining area.
Air cons and ceiling fans throughout.
Huge master bedroom. with walk in robe.
Semi ensuite bathroom.
Extra separate toilet (powder room).
Large built in robes in bedrooms 2 and 3.
Downstairs - main house
Self contained - 3 Bedrooms / 2.5 bathrooms
Spacious living areas with large lounge and well appointed kitchen/dining area with huge pantry.
Large master bedroom with ensuite bathroom, study nook, large built in robes, and its own outside entry via sliding doors.
Bedrooms 2 and 3 are also generously sized with additional external access sliding door entries and large built in robes.
Main bathroom, including toilet.
Extra separate toilet (powder room).
Air cons and ceiling fans throughout.
Separate ample sized laundry.
Granny Flat
Self contained - 1 to 2 Bedrooms / 1 bathroom
Generous sized kitchen and dining/living area.
Large bedroom.
Extra room that can be used as a second bedroom or lounge area.
Bathroom with separate toilet.
Separate Laundry area.
Air cons and ceiling fans throughout.
Solar hot water
PRICE: $790,000
(current rental income potential around $1,800 per week)
(Option to buy fully furnished)
This is an extremely versatile property that has massive potential, exceptional rental return and is one of Kununurra’s feature properties.
The Kununurra real estate market has turned around with many large projects proposed in the region that will likely create economic boom conditions for the region in the not too distant future.
The major projects listed below are either currently being delivered or in the project pipeline for the East Kimberley region.
The East Kimberley seems to be on the precipice of some significant economic growth with the potential to create increased rental returns and significant capital gains for property in Kununurra in near future:
Cotton Gin construction - started June 2023 will potentially create more than 1,000 direct and indirect jobs in the first 10 years of operation!
Boab Metals Sorby Hills Project - Definitive Feasibility Study completed in 2023. Offtake agreements signed and looking towards achieving Final Investment Decision in 2024!
M2 Irrigation channel widening project - to service the expansion of the Ord Irrigaton Scheme!
Ord Irrigation Stage 3 expansion - expansion of the Ord Irrigation Area by 67,500 hectares!
Tivan Vanadium and Flourite deposits Speewah Valley - the worlds largest Vanadium resource and recent discovery of significant adjacent Flourite deposit of global significance - potential mine start up in 2026!
Green Critical Minerals Graphite project - Australia’s third largest Graphite resource!
Rare X Cummins Range Rare Earths project - Australia’s largest undeveloped Rare Earth deposit!
CONTACT US for further details or to make an appointment to view.
Steve 0417 181 1119
Louise 0403 343 303
Email: collierspirit@yahoo.com.au