14 Marra Court

South Hedland WA 6722

123 m²

624 m²

House

Currently for sale - view listing

Overview

$850PW + 5-YEAR CORPORATE LEASE + FURTHER 5-YEAR OPTION + 4% ANNUAL RENT INCREASES!!!

***OPEN HOME - Saturday 26th September - @9:45-10:15am*** Welcome to 14 Marra Court, South Hedland — an exceptional set-and-forget investment opportunity secured by a BRAND NEW 5-YEAR CORPORATE LEASE through until 31 July 2031, PLUS a further 5-YEAR OPTION! For investors chasing long-term security, certainty and built-in rental growth, this one ticks some seriously BIG boxes. Currently leased at $850 per week, the corporate lease provides for 4% rental increases at each anniversary from 2027 through to 2030. Better still, at the conclusion of the initial five-year term in 2031, the lease includes an OPTION FOR A FURTHER FIVE YEARS — potentially taking this corporate tenancy all the way through to 2036! Property Investment Highlights: • BRAND NEW 5-YEAR CORPORATE LEASE expiring 31 July 2031 • PLUS an additional 5-YEAR OPTION — potentially extending the corporate tenancy through to 2036! • Currently returning $850 PER WEEK • Next rental review 1 August 2027 • 4% rental increases annually in 2027, 2028, 2029 and 2030 • Built-in rental growth throughout the initial lease term • Long-term corporate tenant already secured — ZERO vacancy to worry about on settlement! • An outstanding opportunity for an investor seeking long-term income security Property Features Include: • Solid 3x1 brick home • Original but tidy kitchen opening onto the large dining area and outdoor alfresco space • LARGE formal family/living room positioned at the front of the home, providing a second living space. Complete with a door for privacy, this versatile room could also easily be utilised as a LARGE fourth bedroom if required • Three generous bedrooms, all featuring built-in robes and split-system air conditioning • Original but tidy family bathroom complete with a shower, bathtub and vanity • Generous laundry with a separate toilet • Neutral wall paint and split-system air conditioning throughout • Solar panels helping to keep energy costs to a minimum • Good-sized outdoor alfresco area overlooking the large backyard • LARGE SHED — ideal for the handyman, additional storage, tools and toys • 624sqm fully fenced block with established green lawns surrounding the home • Rear access available via the right-hand side of the property • Undercover carport plus additional shaded parking for the caravan, boat, trailer or additional vehicles • Positioned at the END OF A CUL-DE-SAC • Conveniently located within walking distance of the South Hedland CBD The home itself may be largely original, but for an investor, THE LEASE IS THE STAR OF THE SHOW! The tenant is secured. The rent is $850 per week. The 4% annual increases are built in. The initial lease runs through to July 2031 — AND there is a further 5-YEAR OPTION, potentially taking the corporate tenancy all the way through to 2036! For an investor looking for long-term corporate security, built-in rental growth and a solid brick home with a large shed, 14 Marra Court absolutely deserves your attention. Contact Danielle Collins today for further information: 📞 0412 385 783