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Overview
Offering a highly appealing investment prospect, this solid brick home at 14 Marra Court, South Hedland, combines reliable construction with long-term income security created by a new 5-year corporate lease, including an option for an additional 5 years. With the lease secured through to July 2031 and rent set at $850 per week—augmented by scheduled 4% annual increases—the property promises attractive, predictable returns for investors prioritizing stability and growth.
Situated on a generously sized 624sqm fenced block, the residence benefits from established lawns and thoughtful outdoor spaces, including a sizable alfresco area overlooking the backyard. Practical additions such as a large shed cater for hobbyists or those needing ample storage, while the undercover carport and additional shaded parking provide convenience for multiple vehicles or recreational assets like a caravan or boat.
The interior, while original, is well maintained and functional, featuring three bedrooms equipped with built-in robes and air conditioning, a tidy bathroom with both a shower and bathtub, and multiple living areas that include a large formal family room that can double as a fourth bedroom if necessary. This flexibility broadens the appeal of the home to varying tenant or family needs.
Eco-conscious features, like solar panels, help manage running costs, enhancing the overall value proposition. Positioned at the end of a quiet cul-de-sac and within walking distance of the South Hedland CBD, the location offers a balance of tranquility and convenience.
This property is especially suited to investors seeking a set-and-forget asset that blends a solid brick residence with comprehensive lease security and built-in rental growth potential. The combination of practical living spaces and robust investment terms makes it a noteworthy opportunity in the local market.
Local Market Insights
In South Hedland, Quiet Listings observed 34 new houses entering the market over the last 30 days, down from 51 during the previous 30-day period, with an average advertised asking price of $811,912. The property type mix of listed properties is predominantly Houses at 77%, followed by units (7%), and apartments (7%). The most active agency for houses in the South Hedland area is currently Danielle Mariu - Senior Sales Consultant, representing 47% of new listings, followed by First National with 41%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for South Hedland WA 6722
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