Ready to Develop / Company Lease till April 2012 / Very rare site & Location
This is the site you have been looking for.... Ready to develop and already connected to deep water sewage. This property offers developers a large 1030m2 block zoned R30. The existing property is an aviation style fully renovated 3 Bedroom 1 Bathroom property currently leased to a blue chip company with a rent review in place to $2000 p/wk taking effect at the end of November 2011. This site gives you the opportunity to develop this into a possible 12 unit site in a prime location in Port Hedland right next to the waterfront!!
The existing home is Solid and fully renovated making it easy to continue to lease the property at $2000 p/wk while you go through your development procedures and collect a lucrative 10.45% Return. The property has a very modern look with wooden floorboards, open plan kitchen & dining area and generous sized bedrooms throughout. Externally there is a spacious wooden deck to entertain and relax on the weekends. This site is ideally positioned down the road from the New Marina Development, Ocean front and Port Hedland CBD.
Development sites like this do not come up in Hedland very often be quick to secure this prime development location before another seasoned developer snaps it up.
Property Features include but are not limited to:
- 3 x 1 Existing Aviation style home, Fully renovated interior
- Spacious lounge & dining area with solid wooden floorboards
- Modern kitchen design with the latest bench tops and cupboard designs
- All bedrooms are a good size and with quality window treatments
- Modern bathrooms with specially designed basin & vanities
- Excellent outdoor balcony area running the length of the house
- Large 1030m2 block with a double carport and extra roadside parking
- Prime Development location close to the Ocean & Port Hedland CBD
Currently leased to a blue chip company until April 2012 with the rent currently being reviewed to $2000 p/wk by the end of November offering a solid 10.45% Return whilst you get ready to develop.
Please note all development opportunities and regulations are subject to TOPH & Council approval.
Don't delay in securing this fantastic development opportunity!
Call Hayden Crawford for further information today - 0488 070 067 / 9172 5300.