Sold

Secure Government Lease in Desirable Location

Unit 8/25 Konkerberry Drive presents a compelling opportunity for investors seeking a secure, high-yield asset in a sought-after Kununurra location.

Leased to a government tenant until October 2026 at $840 per week, this property offers immediate income with the reliability of a long-term lease already in place.

Set within a quality-built complex of just 8 strata-titled properties, the apartment is positioned at the rear, enhancing privacy and long-term tenant appeal.

The two-storey layout is practical and low-maintenance, designed to attract and retain quality tenants. Downstairs features a functional living zone, galley-style kitchen with walk-in pantry, laundry and a 3rd toilet.

Upstairs accommodates three bedrooms, including a master with ensuite, all fitted with mirrored built-in robes. A second bathroom and study nook add further functionality for tenants, while the expansive balcony and entertaining area provides a strong lifestyle drawcard — a key factor in securing and maintaining government tenancies in the region.

Investment snapshot:

  • Rental income: $840 per week
  • Lease: Government tenant in place until October 2026
  • Purchase price: $525,000
  • Approx gross yield: ~8.3%

Outgoings:

  • Strata fees: $4,500 p.a.
  • Shire rates: approx. $3,900 p.a.
  • Water rates: approx. $1,525 p.a.

This is a set-and-forget investment with strong returns, secure tenancy and a quality asset in a tightly held complex. Ideal for investors looking to add a reliable performer to their portfolio in the East Kimberley market.

Contact East Kimberley Real Estate on 9169 2233 or 0466 887 443 for further information and to arrange a viewing.

 

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Address Unit 8, 25 Konkerberry Drive, Kununurra
Price SOLD for $545,000
Property Type Residential
Property ID 1160
Category Apartment

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Jill Weller

0891692233
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