2/19 Richardson Street, Boulder WA 6432

Tenant in place until 2027 | limited local sales data | small strata lot | no flood or fire risk The tenancy to January 2027 locks in income at $525 per week, but restricts any personal use or capital works for nearly a year. The 91sqm lot is small for future subdivision or extension, and with only one carport, parking is tight for two vehicles. The brick-and-iron build is low-maintenance, and the absence of bushfire or flood overlays reduces insurance and compliance costs. This property suits an investor seeking a hands-off, cash-flow-positive unit in a rental-dominant suburb, rather than an owner-occupier who wants immediate control. What makes this property competitive is its secure, quiet complex in a suburb with high renter demand-70% of nearby properties are tenanted. Two split-system air conditioners and evaporative cooling lower utility costs for tenants, while built-in robes in both bedrooms and a fully fenced yard meet core renter expectations. The property best serves a buyer focused on stable rental yield over capital growth, as limited recent unit sales in Boulder make appreciation uncertain. To move forward, review the strata fees and water rates through your conveyancer before making an offer.