1 King Street Mullingar WA 6430

3 bed townhouse | 4th external retreat | heritage & bushfire overlays | 7-8% gross rental yield This property presents a competitively priced, high-yield entry into the Kalgoorlie-Boulder market, best serving investors seeking cash flow or owner-occupants needing flexible space. Its configuration as a multi-living area home with a potential external bedroom is operationally rare for a townhouse, creating immediate rental or family utility. The strong gross yield estimate positions it well for capital-light holding. Critical due diligence must address the significant heritage and bushfire overlay costs, which directly impact renovation scope, insurance premiums, and holding liquidity. The substantial land size discrepancy between listings requires immediate council title verification. Proceed with an investor mindset, leveraging its current tenant-ready state for income while budgeting for overlay compliance. Our tailored report would clarify the real valuation impact of these overlays and detail locality-specific risk and insurance profiling.