Set and forget with a guaranteed long term rental plus guaranteed rental increases. Yes, this one is for the Investor who is looking for long term security and high returns. Not very often do properties like 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 from day one. 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 close to CBD
- Split system air conditioning to be fitted prior to settlement
- Overhead fans throughout
plus built in robes
- Vinyl floor coverings to living areas, carpet to bedrooms
- Full secure cyclone shutters to all windows
- 771sqm block with proposed R20 zoning going to R30
- This block fulfils the requirements for a granny flat
- 10.8 per cent return - $80,000 per annum - $1538 per week
- Security with five year lease and five by one year options
- 3 per cent guaranteed rental increase annually
- Local major long term company tenant
- Plenty of room for a caravan, boat and three cars
- Fully fenced with brand new side and front fence
Situated in a convenient location, this property is walking distance from the new hospital, 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.
