Investor alert - are you looking for long term security and secure above average returns? Not very often do properties such as this one become available carrying an extra long term lease with a major company and a rental return that will put money back in your pocket. Newly listed and ready to go, this property provides the opportunity for a hassle free, long term investment in a town that is on the brink of massive infrastructure growth and development with major expansions having approval and mobilization of a huge workforce not far away.
- Three by one brick house - add your own touch
- Brand new split system air conditioning being installed
- Exterior and interior of the house to be painted prior to sale
- Vinyl floor coverings to living areas, carpet to bedrooms
- Fully secure cyclone shutters to all windows
- 679sqm block with proposed R20 zoning going to R30
- This block fulfills the requirements for a granny flat
- 11.1 per cent return - $80,000 per annum - $1538 per week
- Guaranteed annual rental increases of 3 per cent
- Security plus with five year lease and five by one year options
- Local major long term company tenant
- Plenty of room for a caravan, boat and two cars
- 18 sqm rear pergola and one vehicle carport
Located close to the new hospital and only a short drive to the South Hedland CBD and local facilities such as community pool, TAFE college, $36 million multi purpose recreation centre, cafes and hotels. This bustling town centre is currently undergoing a major expansion of commercial, lifestyle and retail buildings that will see the CBD more than double in a short space of time. Our town is about to expand at an incredible rate with our current population of 20,000 set to grow to 50,000 by the year 2035. Invest for the future. Call your listing agent NOW RICK HOCKEY 0438 934 093.
