10.87% return per annum. Nowhere else in Australia could you get this rate of return. This newly renovated brick and metal tile roof home is rented at $1600pw to a major local company. The house has a very large lounge entertaining area with 3 good sized bedrooms all with new built in wardrobes. There is a large patio area ideal for relaxing after work with insect meshing to keep out all those nasty bugs. The backyard is restfully landscaped with nice plants and a large lawn complete with inground reticulation.
Unlike the rest of Australia, the long term prospects for the Hedland region are very positive with BHP Billiton having agreed to spend $40B + to extend the Port over the next 5 years. This means that there will be a secure rental market in the medium to long term. With a return of 10.87%, the property will go quickly, so phone Bruce on 0400 548 442 to view or make an offer.