Million dollar views over the ocean and no chance of being built out. A long term lease with a large company and fantastic zoning makes this property perfect for the investor/developer willing to land bank, receive positive cashflow and prosper down the track with some great options to develop or simply add a granny flat to the backyard. If you are loking for long term security, high investor returns and good long term prospects to multiply capital and rental returns, then this gem is priced right in a strong market about to get much stronger.
- Three by one aviation house with fantastic ocean views
- Split system air conditioning throughout
- Overhead fans throughout, built in robes
- New floor coverings prior to settlement
- Large 846sqm block with popular R25 zoning
- 10.8 per cent return, $95,000 per annum, $1827 per week
- Annual rental increased of a guaranteed 3 per cent
- One long term tenant keeps leasing costs to a minimum
- Security plus with five year lease and five by one year options
- Local major long term company tenant
- Land bank a very valuable piece of land for the future
- Plenty of room for a caravan, boat and three cars
This perfect location is a stone's throw from the popular seaside boardwalk that leads you to the local pool or the recreational club and a short drive away from two daycare centres, primary school, recreational oval, kids playground and brand new community clubrooms. This area is regarded as the Dalkeith of Perth and will always command strong rentals and strong capital growth. This bustling town is currently undergoing major mining expansions along with announcements that gas/oil will play a big part in Hedland's future. 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.
