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Overview
Presenting an exceptional opportunity, this quality-built four-bedroom, two-bathroom residence at 62 Knowsley Street East, Derby is constructed to Government Regional Officers Housing (GROH) standards, currently leased with a robust government-backed tenancy providing stable rental income. The property is leased at $1,050 per week with a rental review scheduled for September 2026, assuring long-term security for investors.
Set on a generous corner allotment of approximately 1,413 square meters, this modern home offers spacious and well-proportioned living areas throughout. A standout feature is the sizeable powered storage shed measuring approximately 55 square meters, ideal for tradespeople needing workshop space or secure storage.
The home is designed to cater to comfortable family living with a thoughtfully planned layout that includes four spacious bedrooms, each outfitted with built-in robes. The master bedroom boasts a walk-in robe and a private ensuite bathroom, enhancing convenience and privacy. A separate family bathroom accommodates the other bedrooms, featuring both a bathtub and a shower for versatile use.
The central living hub is an expansive open-plan space encompassing the living, dining, and kitchen areas. The modern kitchen is well-equipped with an island bench, pantry, and ample cabinetry to meet all culinary and storage needs. Extending the entertaining space is a large covered alfresco area measuring approximately 9.25 meters by 6.18 meters, perfect for indoor-outdoor living.
Additional practical features include an internal laundry with direct access to the outdoors, and a double-length carport situated under the main roofline, providing protection and convenience for multiple vehicles.
The outdoor environment is equally impressive, with the front yard fully fenced and attractively landscaped with mature tropical gardens and high-quality fencing, offering a private and well-maintained street presence. The large storage shed in the backyard provides significant versatility and adds great value to the overall property offering.
Key investment highlights include the secure, long-term lease to Government Regional Officers Housing, binding until September 29th, 2029. The property has been built meticulously to meet strict GROH standards and includes low-maintenance enhancements, presenting an excellent opportunity for investors seeking dependable returns in the Kimberley market.
This property’s combination of high-quality construction, government tenancy security, expansive land size, and functional design makes it highly sought after in the current market. It is an ideal prospect for astute investors prioritising both stability and value in regional real estate.
Contact to arrange a private inspection or to obtain further details.
Local Market Insights
In Derby, Quiet Listings observed 3 new houses entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $411,667. The property type mix of listed properties is predominantly Houses at 67%, followed by units (17%), and commercial properties (17%). Ray White was the most active agency in this area, representing 66.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Derby WA 6728
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 170 m² |