The sellers have instructed me to slash the price of this three by one brick duplex to $625,000 as they have another project they want to move onto. At the moment this property is leased to a sound local engineering company for a very healthy $49,400 per annum. However in December the rent will jump to approximately $57,200 per annum.
This property has it all. Solid lease. Brick construction. Increase in rental in the near future. Close to the CBD, shops, the local Primary School and College. Lovely back garden to relax and entertain in after a hard days work and ample off street parking.
BHP has pledged to spend approximately $5 billion in Port Hedland over the next five years increasing the size of the outer harbour. Rentals are increasing to meet the demand of the contractors coming into town. Savvy investors are looking at buying now to beat the possible increase in house prices and to capitalize on the increased rental return. Phone me now to buy this little beauty before it goes.
Call your listing agent now!