15% net return in Port Hedland

Date: 13 February 2018
15% net return in Port Hedland
Western Australia continues to demonstrate a positive trajectory towards recovery, particularly in the Pilbara. ​Richard Hamlin of First National Commercial Hedland recently sold a two-storey office with three premium-letting spaces in a prime Port Hedland location for $1,260,000.
 
Richard Hamlin of First National Commercial Hedland recently sold a two-storey office with three premium-letting spaces in a prime Port Hedland location for $1,260,000.
 
Located adjacent to the iconic Esplanade Hotel and the new 70 million dollar Port Tower, the 800 square metre property, which offered on-site car parking and the NAB Bank and First National Commercial Hedland as anchor tenants, was returning $223,500 + GST per annum or 15%.
Back to articles Filed under: Media / National|WA News Tags: car, esplanade, hamlin, hedland, hotel, letting, nab, parking, port, premium, richard, tower
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