2 French CourtNickol WA 6714
Property Details for 2 French Ct, Nickol
2 French Ct, Nickol is a 12 bedroom, 12 bathroom Townhouse with 12 parking spaces. The property has a land size of 2908m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Last Listing description (October 2024)
To be sold by Set Date Sale, with offers closing at 2pm on 3 September, 2024.Price guide mid -to high 1 million.What to love?Could this be your retirement fund? Come along to 2 French Court, a unique investment opportunity set on a sprawling 2908m2 parcel of land.This remarkable property comprises three duplexes, totaling six units, perfectly blending income potential and long-term asset growth.Property Highlights:- Units Overview: Of the six units, three are currently vacant, one is leased until 15 January 2025, and two are on periodic leases, each generating $610 per week. A current rental appraisal estimates that upon re-leasing, potential income could be $700 each per week.- Interior Features: Each unit features tiled living areas with open-plan living and dining spaces that extend to the outdoors through ranch sliders.The semi-separate galley-style kitchens are equipped with stainless steel sink benches, free-standing electric cookers with rangehoods, timber veneer cabinetry, a pantry, and a fridge space.- Bedrooms and Bathrooms: The two generously sized bedrooms in each unit are carpeted and come with built-in robes. The bathrooms are well-appointed with vanities, toilets, and showers over baths.- Exterior Amenities: Each brick unit boasts its own patio, storeroom, and double carport, providing plenty of parking space and convenience for tenants and visitors alike.- Energy Efficiency: With solar water heating, tenants can enjoy reduced power bills, making the units even more attractive.2 French Court offers the best of both worlds: a steady income stream now and a valuable asset for your future. Don't miss out on this golden opportunity to secure a solid investment with immense potential. Make your offer now and take a step towards securing your financial future with this exceptional property.What to know?Block size: 2908m2Council rates: $13,000.00 approxWater Rates:2A French Ct - $905.102B French Ct - $890.814A French Ct - $897.964B French Ct - $905.106A French Ct - $905.106B French Ct - $905.10Current estimate of rental income $700/unit/week, total annual income potential of $218,400p.a.Set Date Sale, offers close at 2pm on 3 September,2024.Who to talk to?For more information about the property and the Set Date Sale process, contact Dylan Rakich on 0497 083 254.
Property History for 2 French Ct, Nickol, WA 6714
- 24 Aug 2024Sold for $1,700,000
- 06 Aug 2024Listed for Sale UNDER CONTRACT!
- 04 Nov 2015Listed for Sale $3,000,000 - $3,500,000
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0About Nickol 6714
The size of Nickol is approximately 3.0 square kilometres. It has 3 parks covering nearly 1.0% of total area. The population of Nickol in 2016 was 4624 people. By 2021 the population was 4938 showing a population growth of 6.8% in the area during that time. The predominant age group in Nickol is 30-39 years. Households in Nickol are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nickol work in a trades occupation.In 2021, 22.20% of the homes in Nickol were owner-occupied compared with 11.90% in 2016.
Nickol has 2,064 properties. Over the last 5 years, Houses in Nickol have seen a 60.17% increase in median value, while Units have seen a 61.82% increase. As at 30 November 2025:
- The median value for Houses in Nickol is $730,661 while the median value for Units is $379,958.
- Houses have a median rent of $1,275 while Units have a median rent of $450.
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