7A King Street, South Boulder WA 6432

1910 character home | long lease to 2026 | investor focus | central South Boulder | low-maintenance block This property presents a compelling, income-secure investment in a central location. Its competitive strength lies in the established tenancy with a lease secured until late 2026, providing immediate and predictable cash flow in a strong rental market. The classic, low-maintenance house on a standard block is positioned squarely for an investor seeking a hands-off holding with reliable yield, bypassing the vacancy risk typical of the area. The decision hinges on accepting a property at the upper end of its estimated value range, with inherent risks tied to the age of the structure and potential capital growth limitations of a 1910-built home in this suburb. The opportunity is commercial: acquire a tenanted, character property with fixed income for the medium term. The judgment is to hold strictly as a passive income instrument, leveraging the current lease while budgeting for eventual maintenance, rather than targeting short-term value-add.