Under offer
8 Brearley Street, Port Hedland WA 6721
Under Offer
Under offer
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12 Bedrooms
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6 Bathrooms
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4 Cars
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Landsize 836m2
Unit
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UNDER CONTRACT FOR CASH!
12.2% GROSS ROI GOVERNMENT LEASES - POTENTIAL INCREASES
Total current lease cashflow for these houses comes to a mouth-watering $5,600 per week or a yearly rental income of $291,000 per year, there is strong potential for the rental income to grow over the next 11 months making this an extremely interesting and exciting prospect for the Investor.
These three double storey homes are modern, low maintenance and in the highly desirable Port Hedland location, close to the popular Heddy Hotel overlooking the ocean, the racecourse and Woolworths shopping centre. Potential for subdivision with council approval provides an opportunity for a buyer to capitalise and sell the houses off separately.
• Three, four-bedroom two-bathroom executive style homes
• 8A Government lease $1,800 per week due for renewal 20/12/25
• 8B Government lease $2,000 per week due for renewal 04/01/28
• 8C Government lease $1,800 per week due for renewal 07/06/25
• Potential for leases 8A and 8C to extend and increase similar to 8B
• Quality split system air conditioning to all houses
• All houses have lovely kitchens with breakfasts bars
• Tiling to all living areas, carpet to bedrooms
• Main bedrooms have ensuites, BIRs to all bedrooms
• Main bathrooms have shower and separate tub
• All rooms have overhead ceiling fans
• All houses have balconies facing the ocean with views
• Enjoy all the conveniences in the hot spot of town
• Walk to the ocean side boardwalk, bbq area and playground
CALL RICK FOR FURTHER INFORMATION – 0438 934 093
Property features
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Air conditioned
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Garages
2
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Carports
2
Property snapshot by reiwa.com
This property at 8 Brearley Street, Port Hedland is a twelve bedroom, six bathroom unit listed for sale by Rick Hockey at Hedland First National Real Estate.
For more information about Port Hedland, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Port Hedland profile page.
If you would like to get in touch with Rick Hockey regarding 8 Brearley Street, Port Hedland, please call 0438 934 093 or contact the agent via email.
Cost breakdown
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Council rates: $8,285 / year
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Water rates: $4,692 / year
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Port Hedland overview
Port Hedland is a port town in the Pilbara region, 1638 kilometres north of Perth and 202 kilometres east northeast of Roebourne. In 1895 the government commenced survey work for a port to service the pastoral industry in the region, and there was also demand in the area for a townsite. Following the survey of lots the townsite of Port Hedland was gazetted in 1896.
Port Hedland is named after the natural harbour of the same name on which it is situated. This was named during explorations of the area in 1863 after Captain Peter Hedland, master of the cutter "Mystery", who discovered the entrance to the harbour. Hedland was a Dutchman who sailed the north west coastal region supplying settlers in the 1860s.
Port Hedland quick stats
High end
$980k
Median
$793k
Low end
$653k
13.6 %
Annual growth
$793k
Annual median sales price
$1,400pw
Annual median rental price
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