This quality commercial property presents an outstanding investment opportunity, offering a secure dual-income stream across two separate tenancies returning 9% net yield, within a highly sought-after South Hedland commercial precinct.
The property is positioned within an established commercial precinct surrounded by a diverse mix of office, medical, consulting, retail and service-based businesses. This central location continues to attract quality commercial occupiers due to its accessibility, profile and proximity to the major commercial facilities within South Hedland.
Comprising approximately 205sqm, the property has been thoughtfully configured into two self-contained tenancies, each providing a functional office and consulting environment. Both tenancies feature multiple private offices/ consulting rooms, reception areas, kitchenette facilities and access to shared amenities located to the rear of the property.
The practical layout provides flexibility for a range of professional users, including medical, allied health, consulting, administration and service-based businesses, while also providing investors with the advantage of multiple income streams from a single asset.
Ideally located on the prominent corner of Tonkin Street and Forrest Circle, the property benefits from excellent street exposure and convenient access to the South Hedland CBD, South Hedland Shopping Centre, Australia Post, local eateries, tavern, professional services and other key commercial amenities.
Property Features Include:
- Approx. 205sqm commercial building
- Split into two established tenancies
- Multiple offices and consulting rooms throughout
- Kitchenette facilities within each tenancy
- Shared amenities located to the rear
- Fully air-conditioned throughout
- Ample on-site parking for staff and visitors
- Secure and well-maintained commercial complex
- Excellent exposure and central South Hedland location
With its versatile configuration, established tenancy profile and strategic location, this property represents an excellent opportunity to secure a quality commercial investment within one of South Hedland's tightly held commercial markets.
Contact Andrew Russell from HFN on 0417 428 667