18 Lovell Place, South Hedland

Rental guarantee of $1250 per week for 12 months on the existing dwelling! Located 3 minutes from the South Hedland CBD, 30 seconds from the new water park and only 2 minutes from the recently renovated community sports centre. This development site is in a prime location only minutes from all South Hedland amenities. Situated on a land parcel of 760m2, This block shares a split zoning of Residential 20(1house per 450m2) in the front portion of the block and the backyard portion is zoned Residential 30 (1house per 333m2). The existing driveway gives unrestricted access to the back portion of land and gives the discerning developer/ investor an opportunity to make a healthy return from this purchase. Property features include, but are not limited to: -Additional parking/storage space for up to 8 vehicles. -North West sized outdoor entertaining area -Low maintenance landscaped garden areas -Recent internal/external renovations - GREAT DEPRECIATION -Rental guarantee of over $64,000.00 per annum -Development Potential -Great first investment property - Make quick capital With land availability almost non-existent in the South Hedland area take advantage of your only chance to pick up a rare retain and development site under the 700k mark. Please Note: All subdivision, strata and building applications are subject to approval by the Town of Port Hedland Council planning commission. For further information on this property please contact your senor sales specialist Morgan Crawford on 0408 930 768 or 08 9172 5300.