SECURE LEASE TO A MAJOR MINING COMPANY
Some investment properties ask you to imagine their potential. This one arrives with a major mining company lease at $1,850 per week.
For investors, the numbers deserve attention. At the asking price, the current rent equates to approximately $96,200 a year, or an 11.1% gross yield before expenses. The mining company lease is due for renewal on 28 May 2027.
Set on a roomy yet low-maintenance 633sqm block, this spacious four-bedroom, two-bathroom home was built in 2009 with comfortable company living in mind. The open-plan kitchen and living area is brightened by crisp white floor tiles, while the sleek kitchen includes a gas stove and island bench. There's also an air-conditioned office: a welcome bonus when work follows you home.
All four bedrooms are generously sized and have built-in wardrobes. Split-system air conditioning and ceiling fans throughout help keep everyone comfortable, while the tiled main bathroom offers both a bathtub and separate shower. The ensuite completes a practical layout suited to executive tenants.
Outside, the expansive entertaining area overlooks the backyard. It is ready for a barbecue and a crowd, without giving the owner an acreage-sized maintenance list. A dual carport and drive-thru access to the rear adds everyday convenience.
Minutes drive to the South Hedland town centre, sporting grounds, community gym and swimming pool along with all the retail shops and cafes at your disposal.
Offering excellent cashflow with strong tenant appeal and plenty of indoor-outdoor space, this property ticks every box in today's competitive South Hedland market. Opportunities like this don't last!
Contact Rick Hockey for more information on 0438 934 093
- Air Conditioning
- Split-System Air Conditioning
- Built-in Wardrobes
- Dishwasher
