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High-Yield Investment Opportunity in the Heart of Karratha
Positioned in one of WA’s most dynamic resource hubs, this well-presented one-bedroom apartment offers an exceptional opportunity for investors seeking strong returns and long-term security. With a solid rental income and quality corporate tenants already in place, this is a true set-and-forget investment.
Currently returning an impressive $1,375 per week, and with an asking price of $375,000, the property delivers a compelling approx. 9.5% net yield, a rare find in today’s market.
Leased to OSA helicopter pilots and engineers, the apartment benefits from reliable, long-term occupants, with lease agreements secured through to June 2028, providing peace of mind and consistent cash flow.
Property Features:
Long-term corporate tenancy in place
Secure lease through to June 2029
Recently refreshed with minor upgrades completed
Professionally managed with onsite management
Low-maintenance, investor-friendly asset
Investment Highlights:
Strong rental return of $1,375 per week
High net yield of approximately 9.5%
Backed by major industry drivers including Woodside, Chevron & Santos
Located in a high-demand rental market
Whether you’re expanding your portfolio or entering the investment market, this is a standout opportunity to secure a high-performing asset in a tightly held location.
Opportunities like this in Karratha are rare and highly sought-after, call Grace Reidy today on 0450 197 316 to avoid missing out.
Property snapshot by reiwa.com
This property at 7/166 De Witt Road, Stove Hill is a one bedroom, one bathroom unit sold by Grace Reidy at PRD Real Estate Perth on 11 May 2026.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Stove Hill or see other recently sold properties in Stove Hill.
