16 Hammond Place, Spalding

Space, Simplicity & Opportunity

Set on a substantial approximately 919m² block, 16 Hammond Place offers an appealing opportunity for investors seeking an established rental property with plenty of space and potential for future value.

The three-bedroom, one-bathroom home has recently benefited from new carpets throughout and new vertical blinds, giving the interior a fresh feel and providing a comfortable, well-presented property for its current tenants.

Inside, the home features a generous living area, functional kitchen and dining space, three well-proportioned bedrooms and a practical family bathroom.

Outside, the generous block provides plenty of room, while the large covered rear patio creates an excellent space for entertaining, relaxing or enjoying the backyard throughout the year.

An established investment opportunity

The property is currently leased until October 2027, returning $490 per week, providing an established rental income stream for the incoming owner.

Property features include:

• Three bedrooms and one bathroom

• Approximately 919m² block

• Brick and tile construction

• Currently leased until October 2027

• Current rental return of $490 per week

• New carpets throughout

• New vertical blinds

• Generous living area

• Functional kitchen and dining

• Large covered rear patio

• Spacious backyard

• Plenty of scope to add value over time

A growing local market

Spalding continues to record strong sales price growth. REIWA's latest suburb profile reports annual sales price growth of 26.5% and a median sale price of $520,000, based on sales data for the 12 months ending September 2026.

With an established tenancy, a sizeable block and a well-presented home, 16 Hammond Place presents an opportunity to secure an investment property in a suburb experiencing significant market growth.

*Market statistics sourced from REIWA.com.au – Spalding Suburb Insights. Figures are subject to change and reflect the reporting period stated by REIWA. REIWA – Spalding Suburb Insights

** Geraldton Coastal Real Estate has endeavoured to obtain information that is accurate and reliable. However, we do not warrant or guarantee the accuracy of any information contained in this advertisement. Interested parties should make and rely upon their own independent enquiries and investigations.

*** Some images in this advertisement may have been virtually staged or digitally furnished for illustrative purposes only. Furniture, furnishings and decorative items shown may not be present at the property and are not included in the sale or tenancy unless expressly stated. Interested parties should rely on their own inspection of the property to determine its actual condition and presentation.