This property offers fantastic 12.7% returns, leased to a large mining company until June 2013 and the option to increase the rent to $1550 at the next review then giving approx. returns of 13.45%.
No work needed on the modern stylish apartment, just sit back and watch the dollars roll in
Located only minutes from the CBD and the new South Hedland sports arena this apartment block remains to be very popular with the leasing market giving tenants peace of mind with secure off street parking, large below ground pool with BBQ facilities included
This cracking investment is located in a central part of South Hedland with the brand new multimillion Wanangkura sports stadium and the Edge fitness center only minuets walk away and the South Hedland CBD and shopping complex 2 km down the road, making this property very attractive to tenants.
Features include:
- Secure Company Lease until 31/05/2013
- Currently receiving $1400 per week
- $72,800.00 PA / 12.7% Return On Investment
- Secure 2x1 Brick apartment on the 1st floor of exclusive complex
- Fully renovated bathroom including bath, separate shower and stylish vanity unit
- Spacious lounge area with breakfast bar adjoining the kitchen
- Large Master bedroom with BIR good size Second bedroom with BIR
- Private balcony, designated car parking area in secure complex
- Complex amenities, pool, BBQ and playground facilities with on-site caretaker
- Located close to the South Hedland CBD and new Sports Stadium.
Don't delay in securing this fantastic investment opportunity, the market is flying with properties selling very quickly! For further information contact your Pilbara Property expert Calum on 0411 518 889 or email calum@crawfordrealty.com.au
"Whilst due care has been taken, these figures and calculations are based on current market information and are subject to change."