44 Robinson Street, Port Hedland

Selling Agent's Description

Desirable Location / 2yr Govt Lease / Solid Growth Area With Ocean glimpses from your stylish wooden deck this 4 Bedroom 1 Bathroom Colour bond property is located 150m from the ocean-side. Central to the nearby Port Hedland CBD, Turf Club, Race Course and Port Boulevard shopping centre. This property offers investors a strong Government lease in a great location which I sure to demand capital growth and increasing tenant demand in the years to come. Currently under a Government lease at $2000 p/wk until May 2013. The rent will be reviewed in May 2012 to achieve $2200 p/wk offering you a staggering 11% Return. Features Include but are not limited to: -4 Large sized bedrooms, 1 Bathroom Colour bond Property -Open plan dining and lounge room with a spacious feel -Fully renovated Kitchen and bathroom with a modern finish -Air-conditioning throughout the property with stylish window treatments -Large 947m2 block with private backyard and 15x4m wooden deck -Low maintenance landscaped gardens with plenty of room to entertain -Double carport with room for 4 cars and large lock-up shed/workshop. The property is currently zoned R15 and could possibly be a future development opportunity close to the water with future amendments to TOPH Zonings. For the savvy investor there is opportunity here to enjoy the positive rental returns while you wait to possibly achieve ownership of a well located development site before the re-zoning and price rises occur. This property has a lot of potential and a large land component of 947m2. This is a property with a fantastic location, Strong lease and possible future development potential, what more could you want in an investment property! With a secure Govt lease in place at $2000p/wk until the May 2013 and a rental review in May 2012 at which time it is expected to be reviewed to around $2200 p/wk offering a lucrative 11% ROI. The property will provide a strong positive income whilst you consider the future potential. CALL HAYDEN CRAWFORD 0488 070 067 FOR FURTHER INFORMATION TODAY!!