This four by one property on a large 870sqm block situated in a very sought after street is very close to the race course and the Boulevard Shopping Centre. Although it has been partly renovated, it is still in need of Tender loving care and the price of $850,000 reflects this.
Port Hedland is going through a period of rapid growth with BHP extending the outer harbour and in the process is spending over $40 Billion in WA. Companies are looking for residences to rent for their workers and management staff. Once renovated this could be an ideal rental, far cheaper than buying a similar property in Cooke Point or Pretty Pool. The potential rental return could achieve between $1,800 and $2,000 per week.
We are entering a period of unprecedented demand for housing in Port Hedland. As the resources sector ramp up major project investment, the housing situation is becoming critical. Properties available for rent in Port Hedland are as scarce as hen's teeth. This property has the potential of being a really good money earner. Contact your listing agent now.