LARGE COMPANY HOLDS THE LEASE – MODERN 2014 BUILD
Some properties catch the eye. Others catch the accountant’s attention. This stylish two-bedroom, two-bathroom apartment makes a compelling case for both.
Leased to a large local company at $1,050 per week, with renewal due on 18 June 2027, this investment comes with an established tenancy and numbers worth a closer look.
At the advertised price of $449,000, the current rent represents approximately $54,600 annually and an indicative gross rental yield of 12.1% before expenses, calculated over 52 weeks. That should give your spreadsheet something to smile about.
Built in 2014, the apartment combines with modern finishes and a practical layout. Floating bamboo flooring adds warmth and style, while split-system air conditioning keeps the Pilbara heat firmly outside the comfort zone. The modern kitchen includes a dishwasher, and two bathrooms bring welcome convenience for occupants sharing the home.
Set within a well-maintained complex, the property enjoys coded entry and exit gates, CCTV and attractive garden surroundings. Pergolas and barbecue areas provide space to unwind, while a carport and storage shed take care of everyday practicalities.
The quiet setting is only minutes from local amenities, offering tenants a comfortable base with convenience close at hand. For investors, the combination of modern accommodation, an established company lease and substantial rental income creates an opportunity deserving serious consideration.
Whether you are adding to your portfolio or purchasing your first investment, this Clam Court apartment offers plenty of substance behind its stylish appearance. Review the lease, strata costs and outgoings, then let the numbers do the talking.
GOOD LOOKS. EVEN BETTER NUMBERS.
Call Rick NOW for further information 0438 934 093
This property at 39/4 Clam Court, South Hedland is a two bedroom, two bathroom unit listed for sale by Rick Hockey at Hedland First National Real Estate.
For more information about South Hedland, including sales data, facts, growth rates, nearby transport and nearby shops, please view our South Hedland profile page.
If you would like to get in touch with Rick Hockey regarding 39/4 Clam Court, South Hedland, please call 0438 934 093 or contact the agent via email.
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