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7 Pilbara Way

South Hedland WA 6722

3
2
2
144 m²
558 m²
House
Currently for sale - view listing

Overview

11%+ ROI | Rare Corner Block with Dual Access | Corporate Lease | Value-Add Opportunity

Savvy investors know opportunities like this don't stay on the market for long. Secure one of the strongest investment opportunities currently available in one of the most unique property markets in the world. Home to Australia's economic powerhouse, Port Hedland continues to attract major corporate employers and strong rental demand, making it a standout location for high-yield investment. Positioned on a rare corner block with dual access, this property offers outstanding versatility, additional parking options and long-term appeal, features that are highly sought after by both corporate tenants and future owner-occupiers. Built in 2010, this modern three-bedroom, two-bathroom home is securely leased to Pilbara Ports Authority, one of the region's most highly regarded corporate tenants, returning $1,700 per week until August 2027, delivering an outstanding gross return of over 11% from day one. Adding even more appeal is the home's excellent future potential. The second living area could easily be converted into a fourth bedroom, creating the opportunity to further enhance both the property's value and rental return. Whether you choose to maximise returns in the future or simply enjoy the security of the existing lease, the flexibility is there. Designed with both functionality and comfort in mind, the home offers spacious open-plan living, quality finishes and a practical layout that continues to attract premium corporate tenants. The welcoming entrance leads through to the spacious open-plan kitchen, dining and living area, while a second lounge provides additional living space or the perfect opportunity for conversion to a fourth bedroom. The generous master suite features a walk-in robe and private ensuite, while bedrooms two and three are fitted with built-in robes and serviced by a spacious family bathroom. Outside, the property is equally impressive, with beautifully established gardens, lush lawns and a covered entertaining patio. The rare corner block and dual access provide exceptional flexibility for additional vehicle parking, trailers, boats or work vehicles, while the double garage (with internal access), dedicated storage room and Crim Safe security screens throughout further enhance the property's appeal. Property Features: - Rare corner block with dual access, adding additional parking - Secure lease to Pilbara Ports Authority until August 2027 - Returning $1,700 per week - Gross return of over 11% - Built in 2010 - Three generous bedrooms - Two bathrooms, including ensuite to the master - Master bedroom with walk-in robe - Built-in robes to bedrooms two and three - Two separate living areas - Potential to convert the second living area into a fourth bedroom (STCA) - Open-plan kitchen, dining and living area - Separate laundry with additional toilet - Covered outdoor entertaining area - Landscaped front and rear gardens - Double garage, with internal access to house - Crim Safe security screens to all windows and doors - Storage room Outgoings: Council Rates: Approx. $2,749.96 per annum Water Rates: Approx. $1,643.28 per annum Whether you're looking to strengthen your portfolio with a blue-chip corporate lease or searching for a high-performing investment with future upside, this property ticks every box. A corporate lease to Pilbara Ports Authority, a gross return of over 11%, a rare corner block with dual access and the opportunity to create a fourth bedroom—this is exactly the type of investment savvy buyers move quickly on. Don't miss your chance to secure this exceptional Pilbara investment. Contact the sales team at Hedland Property Shop today on (08) 9173 5555 or email on sales@propshop.com.au for further information or to arrange your inspection.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
144 m² floor area
558 m² lot size
House

Property history for 7 Pilbara Way

2020
Sold
$375,000
24 Mar 2020 by Rick Hockey, of Hedland First National

Happy sellers in South Hedland

92%
92% of sellers in South Hedland reported that their sale price either exceeded or met their price expectations.

South Hedland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 71 reviews in South Hedland over the last 12 months.

Local market activity for 3 bedroom houses in South Hedland

In the last 12 months, 114 three-bedroom houses similar to 7 Pilbara Way, have been sold.

This represents a 8% increase in three-bedroom houses sales when compared to the previous 12 months.

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