Offered with a secure WA Government lease in place, this 2015-built residence delivers immediate, passive income backed by a tenant of the highest covenant strength. The property is currently leased at $1,500 per week ($78,000 per annum gross), with the lease term running through to May 2029, providing certainty of cash flow and minimal vacancy risk for that period.
Located in the sought-after, established residential precinct (Elements Estate) of South Hedland, directly adjoining the main landscaped and irrigated park, this freestanding three-bedroom, two-bathroom home sits within a small, gated survey-strata complex of six well-maintained properties, supporting both tenant appeal and potential long-term capital value. The floor plan suits executive and family occupancy, featuring a spacious open-plan living area, quality tiling to two separate living zones, carpeted bedrooms and a well-appointed kitchen with generous bench space. Split-system air conditioning and ceiling fans throughout are well suited to the Pilbara climate.
The master bedroom includes a private ensuite and a separate WIR, and the main bathroom offers a separate shower and full-size bath. The two minor bedrooms are generously proportioned, and the home also includes a large laundry and separate lock-up storage off the carport. Externally, a spacious alfresco area overlooks the park, complemented by a double carport and low-maintenance gardens that help keep ongoing upkeep and holding costs to a minimum. Assets combining a strong gross return, quality construction and secure Government tenancy are increasingly scarce in the Hedland market. This property will suit investors seeking to expand their portfolio with a dependable, low-management income stream.
For further information, including lease details, contact Elliot Briers on 0459 221 998.
Rates $2,354.29
Strata Fees $1955 per quarter
