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9 Pilbara Way, South Hedland WA 6722

$870,000

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$870k - $914k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 633 m²

Listed: 12 hours ago

Overview

This property is an excellent investment opportunity featuring a secure lease to a major mining company, generating a strong gross yield of approximately 11.1% before expenses at the listed price of $870,000. The lease, set at $1,850 per week, runs until May 2027, offering reliable cash flow and strong tenant appeal. Set on a manageable 633sqm block, the home provides a spacious and low-maintenance living environment that balances comfort with practicality.

Built in 2009, the residence emphasizes comfortable company living with an open-plan kitchen and living area illuminated by crisp white floor tiles. The modern kitchen is well-appointed with a gas stove and island bench, designed to facilitate both daily living and entertaining. An air-conditioned office adds versatility to the home for those who work remotely or require a dedicated study space.

All four bedrooms are generously sized and fitted with built-in wardrobes, supplemented by split-system air conditioning and ceiling fans throughout to maintain a pleasant indoor climate. The main bathroom offers both a bathtub and separate shower, complemented by an ensuite that enhances the overall functional layout.

Outside, the expansive entertaining area overlooks the backyard, perfectly suited for social gatherings and barbecues without the upkeep associated with larger acreages. The dual carport with drive-thru access to the rear ensures convenience and practicality for vehicles and storage needs.

Located just minutes from South Hedland town center, the property benefits from proximity to sporting grounds, a community gym, swimming pool, retail shops, and cafes. This home is well-positioned to cater to executive tenants or investors seeking a reliable and attractive asset within a competitive market.

Local Market Insights

In South Hedland, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 29 during the previous 30-day period, with an average advertised asking price of $909,323. The property type mix of listed properties is predominantly Houses at 79%, followed by apartments (13%), and villas (5%). The most active agency for houses in the South Hedland area is currently Danielle Mariu - Senior Sales Consultant, representing 45% of new listings, followed by First National with 45%. 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.